Alan Andrew’s Pitchfork is catchy. It catches your attention with its unusual name and its striking pitchfork appearance. It also catches trends with a channel. Essentially, Andrew’s Pitchfork is a tool for drawing price channels. While two lines surrounding price are usually enough to draw a channel, the Pitchfork has an extra line. It is […]
Archives for February 2014
How To Increase Your Trading Profits by 3729% And Cut Commissions by 80%
Am I selling a black-box trading system? Or a well-kept break-through technique to turbo-charge your trading profits? No, you don’t have to pay a single cent for this. And there is nothing secretive about what I am going to share. Some of you might already know what is coming, especially those who have kept excellent […]
3 Delicious Weekly Trading Setups
The Yum-Yum continuation pattern uses range expansion to confirm break-outs that continues the trend. Learn: Yum-Yum Continuation Pattern Traders of this pattern must buy at the top of a bull trend and sell at the bottom of a bear trend. For intrepid traders only. Yum-Yum patterns on weekly charts are opportunities to scale into an investment […]
How I Trade With Only The 2-Period RSI
“Even though we do not suggest using only one indicator, if one had to, the 2-period RSI would be the indicator.” -Larry Connors in How Markets Really Work Larry Connors is an experienced trader and publisher of trading research. Together with Linda Raschke, he wrote the book, Street Smarts, which is a solid collection of […]
How To Choose Your Day Trading Software?
What comes to your mind when you think of day trading software? If you are thinking of forex robots that will make you millions as you sleep, this article will waste your time. But if you are thinking of tools to help you trade, chart, and analyze better, you will want to read on. Day […]
2 Stochastic Swing Trades
Kane’s %K Hook Day Trading Strategy is a dual time-frame trading method that uses the hourly and the 5-minute time-frame for day trading. We have adapted it for swing trading by observing the weekly chart for trends and the daily chart for stochastic entries. 1. Stochastic Trade on IVZ Daily This chart shows the daily […]