Tag: strategy

 

Traps and perspectives

Perspective is everything if you’re a day trader. You may know you’re in a winning situation from what’s happening on the charts. But what lies lurking for you? How can you spot the traps? It’s simple but not easy: change your perspective. The following composite graphic shows how a failure to change perspective could have hurt. [Click on image and then zoom in for a clearer view] DISCLAIMER: The information provided herein is opinion only.Read More

AUDUSD – bearish

AUDUSD is at this time at a potentially critical point. The charts will need much further study. This is not a recommendation to take a position. DISCLAIMER: The information provided herein is opinion only. Under no circumstances do any statements here represent a recommendation to buy or sell securities or make any kind of investment. You are responsible for your own due diligence. To summarise, we do not provide investment advice, nor do we makeRead More

Profiting from greed

It is possible to profit from greed as much as it is from panic. The following chart was not a prediction. It was an expectation and it materialised.

Deceptiveness of the RSI

The RSI (relative strength index) is classified as a ‘leading indicator’ because it is thought to have predictive value. By contrast lagging indicators are said to simply follow price and have less predictive value e.g. bollinger bands. The reality is that no indicator can predict anything and all indicators have limited predictive value because they all rely on historical price movements. Notions of predictive value are formed after events have happened, and are subject toRead More

The Zanger interviews

These interviews may seem meaningless to new traders but in reality they’re worth millions!  See also: Who the devil is Dan Zanger and why should anybody care?

The power of time momentum

I’ve now coined the term ‘stealth trading’ to mean trend following. All this is perfectly legal!! The chart below shows generosity to the markets. No longer are we fighting with the markets. We’re being kind in order to get our due returns. This is entirely different to a snatch-and-grab approach. See original assessment here at Tradingview. This is a follow up to EURUSD Analysis on 13th May 2016. (Snapshot reinserted here for ease of reference.)