Month: January 2016

 

Williams Vix Fix on 2H charts

I’ve explored Williams Vix Fix on mainly 4H charts in the past. Over several weeks I’ve been looking at 2H charts to see if WVF works on these timeframes. My observations are that in some situations they can be valuable. Of course, WVF requires careful attention to detail and interpretation. In general only signals coming from a deep pullback in price in an uptrend are reliable. When you’re watching price unfolding, you can’t really knowRead More

Watching GBPAUD

A very big part of trading is stalking the markets. Good traders are always tracking the charts days and weeks in advance to see how patterns are developing, waiting for the right moment to strike their ‘prey’. Yes – for sure good opportunities don’t come along very often. But that’s part of the ‘job’. A good trader is spending much time in the background preparing; keeping his powder dry as they say. GBPAUD has someRead More

Trend continuation and trend following

The terms ‘trend continuation’ and ‘trend following’ have caused me some confusion for quite some time until about 6 months ago. The first obvious difficulty is the use of the words themselves. It’s natural to think that if a trend is continuing then you must be following it. But the two techniques are rather different. I will try to crystallise what I’ve discovered (and I may not be 100% correct). [See disclaimer at the end.]Read More