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 failureRead More
EURUSD – learning from reflection
Hindsight is a wonderful thing. We can learn lessons but in doing so there is a risk of the coulda-shoulda-woulda phenomenon. The following charts show some interesting features in EURUSD. Any lessons there should be applied cautiously.
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.
Get the trend in perspective
Perspective is everything! The following charts show different perspectives of NZDCAD. The moral of this story here is, not to maintain a narrow focus. This will require some deep thought. Perspectives change when you change your perspective.
Looking again at Earnings Releases
This recent bounce on DEERE & CO has got me looking again at Earnings Releases. For those who would play ER’s a Guaranteed stop maybe advisable (cost of this need to be factored into the equation) or Reward to Risk ratios. Alternatively no guaranteed stops may be taken butRead More
NZDCAD is showing an interesting setup at the moment. My analysis below suggests it worthy of a short anytime soon. NZDCAD ripe for a short by Captain_Walker on TradingView.com
Value in waiting and CSW
In recent weeks I’ve been thinking about whether it makes sense to wait on a pull back on an uptrend to enter long. Some conflicting thoughts came to mind: Waiting means I could miss the ‘boat’. But importantly I lose nothing. Thinking about this more deeply, I think losing nothingRead More
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. SeeRead More