Tag: analysis

 

Automaticity

It’s an interesting word but not many know it’s full meaning. It isn’t about becoming an automaton. The Wikepedia definition of automaticity is, “The ability to do things without occupying the mind with the low-level details required, allowing it to become an automatic response pattern or habit. It is usually the result of learning, repetition, and practice.” By reading this post you’re doing ‘automaticity’. You no longer see individual letters. You no longer pronounce eachRead More

Introduction to Harmonic Trading

I’ve been studying harmonics now for the last 6 months or so. It’s not been an easy task. This introduction is a summary of what I have learned about how they may be used and some of the difficulties. Harmonic trading is about finding and exploiting certain patterns that are regularly seen in all kinds of trading situations, across almost all time frames. There is overwhelming statistical and experiential evidence for their better than chanceRead More

Fractals – another arrow for your bow.

Fractal indicators are interesting and add to your tool box. When and how they’re used is entirely up to each individual trader. This post is not to say that ‘they’re good or the best’ or anything like that. When you study your ‘prey’ you may decide that you need certain types of ammunition and equipment for the ‘kill’. You are the boss of you, so you decide what you’ll use and how you’ll use yourRead More

Interesting situation with ULTA

ULTA is a powerful stock – very similar to Disney. ULTA has been disrespecting Wall Street for some time and even recently. [Missed opportunity for a snipe in second pic below – learning from this. The first annotation shows that a snipe was possible. The difficulty was locating the opportunity. The second pic shows how it could have been done.] However, the bullishness on the stock could be coming to an end. The analysis belowRead More

Using Trello for tracking and learning

Trello is an online information management system. Most ordinary people use Trello to manage to-do lists, manage projects and collaborate ideas. I’ve been using Trello in the last few weeks to track many opportunities, stalk a few, document my experience, and learn from mistakes or successes. Trello can easily upload images created in Tradingview or annotated screenshots created on my computer. The screenshot below shows my current Trello board configuration, for all the above. OfRead More

GBPMXN slaughter – power of the Relative Strength Index

The relative strength index (RSI) is an indicator used in what’s called ‘technical analysis’. As with most things you read it, you see it, you play with it, and you think you understand it. But for me  – as happened recently – the power of the concept suddenly came home in live trading. My eyes are now open to a new appreciation and understanding. This is not a tutorial on the RSI. This is notRead More

Possible snipe on Expedia

The annotated chart (clickable to enlarge) below gives the analysis. This is note meant as a tip. The SYP applies if you lose your money. Update: Successful snipe – results are on the last image below.         

Stalking Skyworks Solutions Inc

Skyworks is a uniquely strong equity. Overall the indications are that there is probably going to be a bounce up on the Earnings Release on 23rd July 2015. This is not a trading tip. If you play this and lose real money, you do as we always say – ‘Sue yourself’.  

Lennox sniped

The following chart shows a snipe that was being prepared for in the background. The trade is now concluded with a profit of £888 on a £1 bet. Many thanks to one of our new traders for spotting this set up, in advance. The opportunity came quickly so didn’t blog it before hand. The algorithm used is at:  updated strategy.

GUPPY PERSPECTIVE ON AUDNZD

The perspective on AUDNZD below, gives a picture of a trend breakout to the upside on daily chart. Spikes in or through the slow EMAs (in red) have been rejected. The screenshot below speculates on what may happen. The SYP applies.