EXC Big Picture Exelon Corporation (EXC) is in a downwards trend. The downwards sloping trend line shows the bear trend holding up. The major swing pivots worked well to resist bullish price movements. EXC Small Picture – Evening Star with Moving Average This is a close-up daily chart of EXC. The orange line is the […]
HMA Wave on NSC Daily
NSC Big Picture – HMA Wave NSC is trending up after breaking out of a long-term range. From the bottom of the range, price has trended upwards. The only deep retracement was at the top of the long-term range. Price broke out of the range with a gap followed by a strong bullish day. The […]
Camelback Trading Technique
The Camelback trading technique comes from Joe Ross’ trading manual. Its uses a moving average channel and an exponential moving average to keep traders on the right side of the market. Trading Rules – Camelback Trading Technique Long Trading Strategy Price is above the 40-period moving average of bar highs Slope of 15-period exponential moving average […]
Moving Momentum Trading Strategy
The Moving Momentum trading strategy comes from the ChartSchool at StockCharts.com, where you can find comprehensive information on most technical indicators. This strategy goes through a three-step process to find corrections in trends. Trading Rules – Moving Momentum Strategy Long Trading Strategy 20-period simple moving average (SMA) is above 150-period SMA Slow Stochastic (14,3) falls […]
The Natural Number Trading Method
George Kleinman wrote about the Natural Number Method in Trading Commodities and Financial Futures: A Step-by-Step Guide to Mastering the Markets (4th Edition) and The New Commodity Trading Guide: Breakthrough Strategies for Capturing Market Profits. Natural numbers are numbers we count with. But that’s not how George Kleinman defines natural numbers. He meant natural numbers as […]
Demystifying the Displaced Moving Average
If you shift the regular moving average on your chart to the right or left, you get a displaced moving average. Many trading strategies use displaced moving averages as an improvement over regular moving averages. However, what is the value of displacing the moving average right or left? Is it an improvement over the normal […]
