Tag: patterns

  • Stalking COSTAR – again

    The chart below shows a very observable pattern to COSTAR. It is doubtless a channel. The first thing that will come to mind is that, “It’s purely by chance.. there’s no reason why this is happening”. We may not be able to see the reason, but the pattern is undeniable. Amazingly this does not only…

  • Updated strategy for earnings releases

    This strategy updates that of February 2015. The important change is about assessing whether an equity responds to the DAX (GER30) or Wall Street (US30). This became important from lessons learned with Mallinkrodt in Respect the Indices. The SYP principle applies as always. Another change is looking at the Williams Vix Fix – this is…

  • Rethinking indicators

    Many an expert trader will say something like ‘I rely mostly on price action, not indicators. Most indicators are useless and confusing.’ – which automatically brings up the question, “Which indicators are useful?”. But there are deeper issues. What is ‘price action’? Investopedia says, “Quite literally, price action is everything that a security’s price does,…

  • Respect the indices

    It’s been puzzling me for some time why some seemingly good shares don’t rebound or don’t rebound well. I think I’ve solved part of the puzzle. The charts below show the influence of the German DAX (Germany 30). Of course the influence is not direct or always consistent. Wall Street also has major influence (and…

  • Somebody to teach me

    Can anybody teach you how to have a first major sexual experience? Chrysst! Do you go to mum or dad and say ‘teach me’? Does reading a book or video on it actually teach you much? I’m afraid this graphic example is only to suggest that you can read all about it – but doing…

  • The Monsanto Snipe!

    Results of the snipe are visible by clicking the thumbnail below. The assessment of this stock as a good snipe opportunity undertaken about a week earlier. I do not go into the whole process here. There were particular features of the personality of the Monsanto stock price chart, that led me to think it was…

  • Support and Resistance

    Support and resistance are absolutely important concepts for all traders. Supporting what – and resisting what  – are the questions that most new traders ask in their own minds. The easiest way to imagine ‘support’ is by reference to physical analogies. Forget about charts and trading for a moment. Have you ever needed a loan…

  • National Grid (snipe)–personality in stocks?

    This is a snipe on the National Grid that is now in profit. In this particular stock (spread-betted on), I aim to show the ‘personality’ of the stock. Well of course a stock can’t have a personality as such. By personality I obviously mean the collective mindsets of those involved in the market on this…

  • USDZAR – Danger!

    I’ve hardly ever won at this currency pair on Forex. But that does not deter me. I’m looking at it again and have shorted it recently at the peak with a very wide stop-loss above. There are some interesting patterns in the chart which means to me that the probability is favourable. Trading currency pairs…