There is a wide rift between day trading/technical analysis and the academia. It boils down to the efficient market hypothesis which you can read more about here. To many academics, day traders are noise traders, and technical analysis is at best voodoo. As a result, we don’t talk to each other. Day traders stare at […]
Archives for January 2014
3 Holy Grail Trades
The Holy Grail trading strategy finds pullbacks in trending markets for swing trades. Learn more: Holy Grail Trading Setup 1. Holy Grail Trade on WMB Daily The Williams Companies (WMB) just broke out of a trading range and is presenting a long Holy Grail trade. ADX is above 30 and has risen. Price confirms the […]
On-Balance Volume Trading Strategy For Fading Dumb Money
What’s the second most important market data after price? One of the key tenet of Dow Theory is that volume confirms the trend. Volume increases when the market moves along with the true market trend. Volume decreases when the market is moving against the trend. Joseph Granville recognized how important volume is for confirming trends and […]
Moving Average Fake-Out On CMCSA Daily
CMCSA Big Picture – Moving Average Fake-Out This is a daily chart of CMCSA (Comcast). It has been in a strong upwards trend for a long period. Price got into deeper pullbacks as accumulation took place. The steeper trend lines show that trend accelerated after the deep pullbacks. CMCSA Small Picture – Moving Average Fake-Out This […]
6 Simple Ways To Scan For Swing Trading Opportunities
The radar was one of the game-changing battlefield technology in World War II. It allows you to find out the speed and position of your enemies without actually seeing them. This ability is exactly what a swing trader needs with the vast number of financial markets out there. Looking for trading opportunities by poring over […]
4-Hour MACD Forex Trading Strategy
Philip Nel started a thread at ForexFactory forum discussing the 4-hour MACD Forex Trading Strategy. It is an impressive forum thread. It began in 2007 and it is still active now. (It has 1338 pages and growing.) This trading strategy focuses on finding patterns (for e.g. double top and head and shoulders) on the MACD […]
