Fast Track Stochastic:

Size: px
Start display at page:

Download "Fast Track Stochastic:"

Transcription

1 Fast Track Stochastic: For discussion, the nuts and bolts of trading the Stochastic Indicator in any market and any timeframe are presented herein at the request of Beth Shapiro, organizer of the Day Traders Meet-Up Group, Rockville, MD. Thanks Beth. These notes are provided by Richard Stephens, CEO, Horizon Capital Management Group, LLC, an experienced and professional trader and reflect his personal understanding and experience. Richard can be reached at Due to time considerations, these notes are provided in advance and intended to be reviewed and discussed at the Meet-Up meeting, August 19, The Stochastic Indicator is an oscillator that tracks the market over-bought and over-sold conditions comparing price close relative to the price range over a given time period and when set up correctly, will provide a leading indication of market reversals; The formula as we know it today originated from a trading partner of George C. Lane and is based upon the formula to mix limestone with concrete; this gave way to an insight that provided the modification that now formulates the indicator. Three numbers are required, %K, %D, and a period slowing usually 3; The main line is called %K. The Second line, called %D, is a Moving Average of %K. The %K line in this presentation is depicted as a segmented line. Typically, the indicator utilizes two lines, the %K and the %D, although in some cases a third line is provided. This presentation is based upon only the two lines. %D can be described as the deviation from the Normal and is the slowed and smoothed result of %K calculations; Stochastic is the process of finding the underlying pattern in what appears to be random or chaotic market movements; It is a momentum oscillator that measures the velocity of price movement and always changes direction before the price changes direction when properly formulated to the market you are trading; Based on the observation that as price decreases the period close tend to accumulate ever closer to their extreme lows of the period range and conversely, as the price increases, the close tends to accumulate ever closer to the extreme highs of the period range; Stochastic indicator can be used in conjunction with any time period, however a top down review of the market you are trading, monthly to at least one period below the period you are trading is recommended. To understand your position in the overall market you can and should utilize and have a working understanding Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 1

2 of the Eliot Wave system, this will help you identify periods in which you should pyramid your position, take profits, or exit and reverse; Stochastic and RSI are similar in nature but the Stochastic was perfected in 1986 to provide a better and/or cleaner indication of entry and exit signals; Major sell moves are best identified by Divergence at the top of the period; Major buy moves are best identified by Convergence at the bottom of the period; Setup of the Stochastic Indicator is determined by the number of Bars in a Time Period cycle that you are trading, two consecutive cycles are added together then divided by 2 to reach an average of the cycle (average down to the next whole number), Divide that number by 2 and round down, this calculation will give you %K (the greater the number of bars the smoother the indicator); Period, A to B and B to C are counted, then averaged and rounded down to the first whole number (use the swing low candles as A, B, & C points); When properly structured, the Stochastic is always a leading indicator, never a lagging indicator. Rules: Go Short when the Bearish Divergence is confirmed; Go Long when the Bullish Convergence is confirmed; Identification of these two situations is illustrated on the next page: Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 2

3 When a stock or commodity has made a high, then reacts and subsequently goes to a higher high while the corresponding peaks on the Stochastic make a high, then a lower high, a Bearish Divergence is indicated; Conversely, when a stock or commodity has made a low, then rallies and subsequently moves down to a lower low while the corresponding low points of the Stochastic have made a low, then a higher low, you have a Bullish Convergence ; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 3

4 Note: in the case of a bottom the down trending arrow based on price and the up trending arrow of the Stochastic will, if extended, CONVERGE while at the top the two arrows will never converge, they are DIVERGENT; Always watch for the Convergence and Divergence signals and for the 3 drives to a top and 3 drives to a bottom that is common in most market actions as seen in the Bull Convergence chart above; Signals: The signal to act on Divergence comes when the %K line crosses on the RIGHT HAND SIDE OF THE PEAK OF %D in the case of a top; The signal to act on Convergence comes when the %K line crosses on the RIGHT HAND SIDE OF THE LOW POINT OF %D in the case of a bottom; Stochastic Indicator is NOT a good tool in a Runaway Market; In a down trending market when the stock or commodity is reacting against the major trend, one can expect Congested Bottoms and conversely, the same congestion can be seen in a similar situation in up-trending markets; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 4

5 When a short reversal down trend is broken and the stock or commodity is returning to the major trend or in the case of a break in a consolidated market, Stochastic will provide an inverted V or spike top; Take profits when %K rises above 90%, or when %K crosses above %D, or on completion of a pattern of Convergence, the reverse is true for down trending markets. Make sure you remain attentive regarding the possibility of a congesting indicator during a trending market, in such cases, when congestion is possible, utilize a trailing stop and let the market take you out; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 5

6 Crossovers: A Left Handed Crossover is caused by a reduction in the velocity of the movement in %K over %D (bull or bear) and usually indicates a reversal of trend for the next period (watch for spikes); (Charts below are sequential) A left handed crossover occurs when a change in trend rapidly occurs usually when a short reversal trend is returning to the major trend. This predicts that the market has more to go before giving the correct Right Hand Cross Signal; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 6

7 Warning: When %K has been trending each period and then one period reverses sharply, this is a warning that you may have only a few more periods before a reversal, this is noted in periods above 70% and below 30% on the indicator, don t confuse this with the Knee move in mid chart; When %K reaches the extremes, 0% and 100% this denotes extreme strength in the market and does not denote a top or bottom in the trend and usually signals the beginning of a Stochastic Poop or period of indicator congestion. If the Stochastic settings are correct, the %K will usually just touch 100 and retreat, if it stays at 100 for more than 1 period, your settings may need adjusting; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 7

8 In a market returning to the major trend, the short, interval and long term trends are all up (i.e. the 21, 49, 89 MA s are stacked); then when the %K reaches 75% of the over bought level, then price is frequently only half way to it s high and you can double the move from the start of the up move to the 75% mark to arrive at a first target price for the move, in addition, this is a good point to add to your position (my personal rule of thumb is no more than 4 positions in any one stock or commodity move); Conversely, in a bear trend move, when %K reaches the 25% mark of the down trend you may have as much as 50% to 90% of the down price action to go, double the price move from the top to the 25% mark to identify your first price target; Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 8

9 If after the %K crosses the 75% mark, the market reverses, use the %D s move to the 60% mark as an indicator to sell if you haven t already exited the trade; Notes: The 3 drives to the top or bottom was a market phenomenon first identified by Tubbs in the early 1930 s and was a Pre-Elliot Wave Technician; Some traders, the author included, will take trades at the cross over, which means, when %K goes above %D and crosses from the top down, a short trade is taken. When %K goes below %D and crosses from the bottom up, a long trade is taken. Exit when the reverse occurs. Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 9

10 Below is a chart showing Bill Williams Fractals in use, per my of Aug 20, 2008: Note: I moved my hard stop to point A in the above chart, essentially half way down the big candle since the market was moving fast and there were no new Fractals to be seen. Copyright 2008 Richard L Stephens Jr. Fast Track Stochastic Page: 10

Williams Percent Range

Williams Percent Range Williams Percent Range (Williams %R or %R) By Marcille Grapa www.surefiretradingchallenge.com RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and

More information

The Schaff Trend Cycle

The Schaff Trend Cycle The Schaff Trend Cycle by Brian Twomey This indicator can be used with great reliability to catch moves in the currency markets. Doug Schaff, president and founder of FX Strategy, created the Schaff trend

More information

OSCILLATORS. TradeSmart Education Center

OSCILLATORS. TradeSmart Education Center OSCILLATORS TradeSmart Education Center TABLE OF CONTENTS Oscillators Bollinger Bands... Commodity Channel Index.. Fast Stochastic... KST (Short term, Intermediate term, Long term) MACD... Momentum Relative

More information

Compiled by Timon Rossolimos

Compiled by Timon Rossolimos Compiled by Timon Rossolimos - 2 - The Seven Best Forex Indicators -All yours! Dear new Forex trader, Everything we do in life, we do for a reason. Why have you taken time out of your day to read this

More information

Stock Market Basics Series

Stock Market Basics Series Stock Market Basics Series HOW DO I TRADE STOCKS.COM Copyright 2012 Stock Market Basics Series THE STOCHASTIC OSCILLATOR A Little Background The Stochastic Oscillator was developed by the late George Lane

More information

Table of Contents. Risk Disclosure. Things we will be going over. 2 Most Common Chart Layouts Anatomy of a candlestick.

Table of Contents. Risk Disclosure. Things we will be going over. 2 Most Common Chart Layouts Anatomy of a candlestick. Table of Contents Risk Disclosure Things we will be going over 2 Most Common Chart Layouts Anatomy of a candlestick Candlestick chart Anatomy of a BAR PLOT Indicators Trend-Lines Volume MACD RSI The Stochastic

More information

Introduction. Technicians (also known as quantitative analysts or chartists) usually look at price, volume and psychological indicators over time.

Introduction. Technicians (also known as quantitative analysts or chartists) usually look at price, volume and psychological indicators over time. Technical Analysis Introduction Technical Analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends. Technicians (also known as quantitative

More information

BUY SELL PRO. Improve Profitability & Reduce Risk with BUY SELL Pro. Ultimate BUY SELL Indicator for All Time Frames

BUY SELL PRO. Improve Profitability & Reduce Risk with BUY SELL Pro. Ultimate BUY SELL Indicator for All Time Frames BUY SELL PRO Improve Profitability & Reduce Risk with BUY SELL Pro Ultimate BUY SELL Indicator for All Time Frames Risk Disclosure DISCLAIMER: Crypto, futures, stocks and options trading involves substantial

More information

1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together

1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together Technical Analysis: A Beginners Guide 1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together Disclaimer: Neither these presentations, nor anything on Twitter, Cryptoscores.org,

More information

Introduction. Technical analysis is the attempt to forecast stock prices on the basis of market-derived data.

Introduction. Technical analysis is the attempt to forecast stock prices on the basis of market-derived data. Technical Analysis Introduction Technical analysis is the attempt to forecast stock prices on the basis of market-derived data. Technicians (also known as quantitative analysts or chartists) usually look

More information

Chapter 2.3. Technical Analysis: Technical Indicators

Chapter 2.3. Technical Analysis: Technical Indicators Chapter 2.3 Technical Analysis: Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, from time to time those charts may be speaking a language you

More information

Technical Analysis and Charting Part II Having an education is one thing, being educated is another.

Technical Analysis and Charting Part II Having an education is one thing, being educated is another. Chapter 7 Technical Analysis and Charting Part II Having an education is one thing, being educated is another. Technical analysis is a very broad topic in trading. There are many methods, indicators, and

More information

INTERMEDIATE EDUCATION GUIDE

INTERMEDIATE EDUCATION GUIDE INTERMEDIATE EDUCATION GUIDE CONTENTS Key Chart Patterns That Every Trader Needs To Know Continution Patterns Reversal Patterns Statistical Indicators Support And Resistance Fibonacci Retracement Moving

More information

Test Your Chapter 1 Knowledge

Test Your Chapter 1 Knowledge Self-Test Answers Test Your Chapter 1 Knowledge 1. Which is the preferred chart type in LOCKIT? The preferred chart type in LOCKIT is the candle chart because candle patterns are part of the decision-making

More information

Intermediate - Trading Analysis

Intermediate - Trading Analysis Intermediate - Trading Analysis Technical Analysis Technical analysis is the attempt to forecast currencies prices on the basis of market-derived data. Technicians (also known as quantitative analysts

More information

Convergence and Divergence

Convergence and Divergence Convergence and Divergence Momentum: The Verge of Success Momentum plays a key role in trend analysis. Trends are composed of a series of price swings. It is a trader s edge to know when a trend is slowing

More information

A moving average line is just that. It smoothes price over time, reducing erratic, shorter-term swings to

A moving average line is just that. It smoothes price over time, reducing erratic, shorter-term swings to Volume-adjusted moving averages by Richard W. Arms Jr. A moving average line is just that. It smoothes price over time, reducing erratic, shorter-term swings to a smoother, more comprehensible line. Any

More information

Icoachtrader Consulting Service WELCOME TO. Trading Boot Camp. Day 5

Icoachtrader Consulting Service  WELCOME TO. Trading Boot Camp. Day 5 Icoachtrader Consulting Service www.icoachtrader.weebly.com WELCOME TO Trading Boot Camp Day 5 David Ha Ngo Trading Coach Phone: 1.650.899.1088 Email: icoachtrader@gmail.com The information presented is

More information

Using Oscillators & Indicators Properly May 7, Clarify, Simplify & Multiply

Using Oscillators & Indicators Properly May 7, Clarify, Simplify & Multiply Using Oscillators & Indicators Properly May 7, 2016 Clarify, Simplify & Multiply Disclaimer U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures and Options trading has large

More information

Chapter 2.3. Technical Indicators

Chapter 2.3. Technical Indicators 1 Chapter 2.3 Technical Indicators 0 TECHNICAL ANALYSIS: TECHNICAL INDICATORS Charts always have a story to tell. However, sometimes those charts may be speaking a language you do not understand and you

More information

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial

More information

CMT LEVEL I CURRICULUM Self-Evaluation

CMT LEVEL I CURRICULUM Self-Evaluation CMT LEVEL I CURRICULUM Self-Evaluation DEAR CFA CHARTERHOLDER, As a CFA charterholder, the requirement that you sit for the CMT Level I exam is waived. However, the content in the CMT Level I Curriculum

More information

GUIDE TO STOCK trading tools

GUIDE TO STOCK trading tools P age 1 GUIDE TO STOCK trading tools VI. TECHNICAL INDICATORS AND OSCILLATORS I. Introduction to Indicators and Oscillators Technical indicators, to start, are data points derived from a specific formula.

More information

TOP 3 INDICATOR BOOT CAMP: PERCENT R

TOP 3 INDICATOR BOOT CAMP: PERCENT R BIGTRENDS.COM TOP 3 INDICATOR BOOT CAMP: PERCENT R PRICE HEADLEY, CFA, CMT Let s Get Started! Educate Understand the tools you have for trading. Learn what this indicator is and how you can profit from

More information

Technical Analysis Indicators

Technical Analysis Indicators Technical Analysis Indicators William s Percent R Rules, Scans, Adding Filters, Breakout, Retest, and Application across MTFs Course Instructor: Price Headley, CFA, CMT BigTrends Coaching Access to BigTrends

More information

Maybe you can see through my eyes well, maybe I can try to show you what I see through my eyes.

Maybe you can see through my eyes well, maybe I can try to show you what I see through my eyes. Tips for Traders 12/8/2008 11:07:00 AM Seeing Through the Eyes of a Professional Trader I have been a professional trader now for more than 37 years. I think I have seen just about everything there is

More information

TD AMERITRADE Technical Analysis Night School Week 2

TD AMERITRADE Technical Analysis Night School Week 2 TD AMERITRADE Technical Analysis Night School Week 2 Hosted By Derek Moore Director, National Education For the audio portion of today s webcast, please enable your computer speakers. Past performance

More information

Notices and Disclaimer

Notices and Disclaimer Part 2 March 14, 2013 Saul Seinberg Notices and Disclaimer } This is a copyrighted presentation. It may not be copied or used in whole or in part for any purpose without prior written consent from the

More information

Moving Average Convergence Divergence (MACD) by

Moving Average Convergence Divergence (MACD) by Moving Average Convergence Divergence (MACD) by www.surefire-trading.com Ty Young Hi, this is Ty Young with Surefiretrading.com and today we will be discussing the Moving Average Convergence/Divergence

More information

Trading Patterns For Stocks And Commodities

Trading Patterns For Stocks And Commodities Trading Patterns For Stocks And Commodities It doesn t matter if you are a long-term investor, short swing trader or day trader, you are always looking for an advantageous spot to enter your position.

More information

Understanding Oscillators & Indicators March 4, Clarify, Simplify & Multiply

Understanding Oscillators & Indicators March 4, Clarify, Simplify & Multiply Understanding Oscillators & Indicators March 4, 2015 Clarify, Simplify & Multiply Disclaimer U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures and Options trading has large

More information

Popular Exit Strategies The Good, the Bad, and the Ugly

Popular Exit Strategies The Good, the Bad, and the Ugly Popular Exit Strategies The Good, the Bad, and the Ugly A webcast presentation for the Market Technicians Association Presented by Chuck LeBeau Director of Analytics www.smartstops.net What we intend to

More information

Daily Support & Resistance

Daily Support & Resistance Daily Support & Resistance 30 th July 2010 USDJPY Price continued to decline as expected and stalled at the 85.96 support. The pullback has been firm but has not managed to penetrate both 4-hour & hourly

More information

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT

RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial

More information

Intelligent Investing, LLC Major Indices Daily Update 02/28/ 19

Intelligent Investing, LLC Major Indices Daily Update 02/28/ 19 Elliot Wave Updates Today the S&P500 was stuck in a less than 6p range. So there s really not much we can learn. All parameters remain the same a step 2: A move below SPX2764.55 (last Thursday s low) will

More information

Trading the Hidden Divergence. Presented by Sunil Mangwani

Trading the Hidden Divergence. Presented by Sunil Mangwani Trading the Hidden Divergence Indicators in technical analysis. Indicators along with chart patterns, trend lines, resistance / support levels etc., are an essential part of technical analysis. But there

More information

Technicals & Time Frame

Technicals & Time Frame Advanced Charting Neither Better Trades or any of its personnel are registered broker-dealers or investment advisers. I will mention that I consider certain securities or positions to be good candidates

More information

THE CYCLE TRADING PATTERN MANUAL

THE CYCLE TRADING PATTERN MANUAL TIMING IS EVERYTHING And the use of time cycles can greatly improve the accuracy and success of your trading and/or system. THE CYCLE TRADING PATTERN MANUAL By Walter Bressert There is no magic oscillator

More information

Technical Analysis Workshop Series. Session 11 Semester 2 Week 5 Oscillators Part 2

Technical Analysis Workshop Series. Session 11 Semester 2 Week 5 Oscillators Part 2 Technical Analysis Workshop Series Session 11 Semester 2 Week 5 Oscillators Part 2 DISCLOSURES & DISCLAIMERS This research material has been prepared by NUS Invest. NUS Invest specifically prohibits the

More information

(c) Copyright

(c) Copyright PDFaid.Com #1 Pdf Solutions How to Use Yahoo Chart? Based on swing High/Low This strategy is for those who take several positions everyday and their trading style is scalping type, in high quantity is

More information

Jack Schwager s Planned Trading Approach 1.Define your trading philosophy or system 2. Choose your markets to be traded 3. Specify your risk parameters A. Minimum risk per trade B. Stop loss strategy C.

More information

The Forex Report CORE CONCEPTS. J A N U A R Y Signal Selection By Scott Owens

The Forex Report CORE CONCEPTS. J A N U A R Y Signal Selection By Scott Owens The Forex Report CORE CONCEPTS J A N U A R Y 2 0 0 5 Signal Selection By Scott Owens When selecting which signals to use, most traders shop charts until they find one that tells the story they want to

More information

Wedge Pattern Breakouts: Explosive Winning Trades

Wedge Pattern Breakouts: Explosive Winning Trades Wedge Pattern Breakouts: Explosive Winning Trades Prices move in patterns! This is due to one basic investment truism. Human nature exhibits the same habits when it comes to managing investment funds which

More information

NIRVANA. WaveTrader 3 is Here! Breaking News: The Power of Fractals. New Mechanical Strategies are Yielding Stellar Results!

NIRVANA. WaveTrader 3 is Here! Breaking News: The Power of Fractals. New Mechanical Strategies are Yielding Stellar Results! The State Of NIRVANA Breaking News: WaveTrader 3 is Here! The Power of Fractals New Mechanical Strategies are Yielding Stellar Results! See Page 6 INSIDE The Wave Trading Method Seminar PLUS Special Bonus

More information

1 P a g e. Executive Summary

1 P a g e. Executive Summary Executive Summary Last week I was looking for SPX2455-2475 and the S&P500 gave us SPX2454 on Monday and then started to pullback and consolidate causing for many pundits to already start top calling. Close

More information

What is the Standard BD Strategy? The Standard BD Strategy for Binary Trading

What is the Standard BD Strategy? The Standard BD Strategy for Binary Trading What is the Standard BD Strategy? The Standard BD Strategy for Binary Trading The Standard BD Strategy is the foundations of the Binary Destroyer. Jamie first created the Binary Destroyer back in 2015

More information

Using Acceleration Bands, CCI & Williams %R

Using Acceleration Bands, CCI & Williams %R Price Headley s Simple Trading System for Stock, ETF & Option Traders Using Acceleration Bands, CCI & Williams %R How Technical Indicators Can Help You Find the Big Trends For any type of trader, correctly

More information

Swing Trading Framework 3 (Time)

Swing Trading Framework 3 (Time) Swing Trading Framework 3 (Time) Prepared for: Pro Trader Subscribers Prepared by: Paul Andre Prepared at: December 11, 2018 EXECUTIVE SUMMARY Objective: The main objective with part 3 of this framework

More information

The Art & Science of Active Trend Trading

The Art & Science of Active Trend Trading CONNECTING THE DOTS Candlesticks & Convergence of Clues The Art & Science of Active Trend Trading Copyright ATTS 2007-2015 1 Dennis W. Wilborn, P.E. Founder, President Active Trend Trading dww@activetrendtrading.com

More information

The Carlucci Indicator

The Carlucci Indicator Third Party Research July 1, 2016 The Carlucci Indicator eresearch Corporation is pleased to provide a weekly chart and table of The Carlucci Indicator, which is billed as the Best Stock Market Indicator

More information

The goal for Part One is to develop a common language that you and I

The goal for Part One is to develop a common language that you and I PART ONE Basic Training The goal for Part One is to develop a common language that you and I can use. The rest of the book will discuss how the technical indicators highlighted in the first two chapters

More information

Introduction. Leading and Lagging Indicators

Introduction. Leading and Lagging Indicators 1/12/2013 Introduction to Technical Indicators By Stephen, Research Analyst NUS Students Investment Society NATIONAL UNIVERSITY OF SINGAPORE Introduction Technical analysis comprises two main categories:

More information

FOREX TRADING STRATEGIES.

FOREX TRADING STRATEGIES. FOREX TRADING STRATEGIES www.ifcmarkets.com www.ifcmarkets.com 2 One of the most powerful means of winning a trade is the portfolio of Forex trading strategies applied by traders in different situations.

More information

The Ben s Strategy Guide for Binary Trading

The Ben s Strategy Guide for Binary Trading The Ben s Strategy Guide for Binary Trading What is the Ben s strategy? This strategy was created by the Fx Learning members to help them get into trading with 'the trend'. You would naturally think the

More information

The very first calculations for average gain and average loss are simple 14- period averages.

The very first calculations for average gain and average loss are simple 14- period averages. Introduction Developed by J. Welles Wilder, the Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Traditionally,

More information

Divergence and Momentum Trading

Divergence and Momentum Trading presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Divergence and Momentum Trading Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all

More information

What is Technical Analysis

What is Technical Analysis Reg. office: International School of Financial Market, Plot no. 152 - P (LGF), Sec - 38, Medicity Road, Gurgaon - 122002 Contact no. : 0124-2200689,+919540008689, 9654446629 Web : www.isfm.co.in, Email

More information

The Technical Edge Page 1. The Technical Edge. Part 1. Indicator types: price, volume, and moving averages and momentum

The Technical Edge Page 1. The Technical Edge. Part 1. Indicator types: price, volume, and moving averages and momentum The Technical Edge Page 1 The Technical Edge INDICATORS Technical analysis relies on the study of a range of indicators. These come in many specific types, based on calculations or price patterns. For

More information

Naked Trading and Price Action

Naked Trading and Price Action presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading and Price Action Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all

More information

Introductory Fundamental and Technical Analysis

Introductory Fundamental and Technical Analysis Introductory Fundamental and Technical Analysis Tan Junda junda@uobkayhian.com (65) 6590 6616 Jeffrey Tan jeffreytan@uobkayhian.com (65) 6590 6629 Our Focus Today What kind of investor are you? Technical

More information

CONNECING THE DOTS Candlesticks & Convergence of Clues. The Art & Science of Active Trend Trading

CONNECING THE DOTS Candlesticks & Convergence of Clues. The Art & Science of Active Trend Trading CONNECING THE DOTS Candlesticks & Convergence of Clues The Art & Science of Active Trend Trading Disclaimer U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures and Options

More information

Quantitative Trading System For The E-mini S&P

Quantitative Trading System For The E-mini S&P AURORA PRO Aurora Pro Automated Trading System Aurora Pro v1.11 For TradeStation 9.1 August 2015 Quantitative Trading System For The E-mini S&P By Capital Evolution LLC Aurora Pro is a quantitative trading

More information

Adding longs in the SPX zone will be well-rewarded longer term we believe.

Adding longs in the SPX zone will be well-rewarded longer term we believe. Executive Summary Last week we found, based on our analyses of the charts: Our SPX2146-2069 target zone remains and can now be narrowed down to SPX2117-2069, as the S&P500 closed at SPX2128 yesterday,

More information

DAILY DAY TRADING PLAN

DAILY DAY TRADING PLAN DAILY DAY TRADING PLAN Gatherplace will be used to place all of your trades. You will be using the 5 minute chart for the trade setup and the 1 minute chart for your entry, stop and trailing stop.you will

More information

The Art & Science of Active Trend Trading

The Art & Science of Active Trend Trading Candlesticks Looking for U-Turns The Art & Science of Active Trend Trading Copywrite ATTS 2007-2015 1 Disclaimer U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures and Options

More information

Intelligent Investing, LLC Major Indices Daily Update 02/26/ 19

Intelligent Investing, LLC Major Indices Daily Update 02/26/ 19 Elliot Wave Updates Yesterday I found a move below last Friday s high (SPX2794.20) will be a first sign of lower prices as then the decline can t be a 4 th wave because 4 th and 1 st waves can t overlap

More information

A Corrective Decline Approaching within. Gold s Long Term Rising Trend

A Corrective Decline Approaching within. Gold s Long Term Rising Trend A Corrective Decline Approaching within Gold s Long Term Rising Trend By Robert McHugh, Ph.D. February 22nd, 2019 On September 4 th, 2018, we published an article forecasting that Gold was about to start

More information

Resistance to support

Resistance to support 1 2 2.3.3.1 Resistance to support In this example price is clearly consolidated and we can expect a breakout at some time in the future. This breakout could be short or it could be long. 3 2.3.3.1 Resistance

More information

WELCOME

WELCOME www.facebook.com/fxdd www.twitter.com/fxdd WELCOME Part 1: Building the Forex Traders Foundation Greg Michalowski Email: greg@fxdd.com www.livestream.com/fxdd www.fxddnow.com Twitter: gregmikefx Disclaimer

More information

Using Acceleration Bands and Williams %R

Using Acceleration Bands and Williams %R Price Headley s Simple Trading System for Stock, ETF & Option Traders Using Acceleration Bands and Williams %R How Technical Indicators Can Help You Find the Big Trends For option traders, correctly forecasting

More information

13 April US Equity Indices: the land of the bearish rising wedge. Walter Zimmermann United ICAP. US Equity Indices 13 Apr

13 April US Equity Indices: the land of the bearish rising wedge. Walter Zimmermann United ICAP. US Equity Indices 13 Apr - 1-13 April 2015 : the land of the bearish rising wedge Walter Zimmermann United ICAP The market commentary contained in this document represents the opinions of the author. Such opinions are subject

More information

PART 3 - CHART PATTERNS & TECHNICAL INDICATORS

PART 3 - CHART PATTERNS & TECHNICAL INDICATORS Tyler Chianelli s EASYOPTIONTRADING by OPTION TRADING COACH PART 3 - CHART PATTERNS & TECHNICAL INDICATORS A SIMPLE SYSTEM FOR TRADING OPTIONS WORKS IN UP, DOWN, AND SIDEWAYS MARKETS PART 3.1 - PRIMARY

More information

Real-time Analytics Methodology

Real-time Analytics Methodology New High/Low New High/Low alerts are generated once daily when a stock hits a new 13 Week, 26 Week or 52 Week High/Low. Each second of the trading day, the stock price is compared to its previous 13 Week,

More information

Naked Trading - Double Top Chart Pattern Strategy

Naked Trading - Double Top Chart Pattern Strategy Naked Trading - Double Top Chart Pattern Strategy If you really want to learn a profitable way to trade then look no further, the Double Top chart pattern strategy uses simple and sound trading principles

More information

Weekly outlook for April 30 May

Weekly outlook for April 30 May Weekly outlook for April 30 May 4 2018 Summary The S&P500 index is having trouble deciding if it will rally or decline. This indecision makes trading less profitable. Wait for a break-out direction to

More information

Multi Indicator Usage Concepts 4/1/2012 Brooky-Indicators.com Brooky

Multi Indicator Usage Concepts   4/1/2012 Brooky-Indicators.com Brooky Multi Indicator Usage Concepts www.brooky-indicator.com 4/1/2012 Brooky-Indicators.com Brooky U.S. Government Required Disclaimer Commodity Futures Trading Commission Futures, Currency and Options trading

More information

Homework Assignment #1 - Based on the MTAEF Glossary of Technical Terms

Homework Assignment #1 - Based on the MTAEF Glossary of Technical Terms Homework Assignment #1 - Based on the MTAEF Glossary of Technical Terms Each block of 3 question is preceded by 5 technical terms. Fill in the blank and make the statement complete. There is only one correct

More information

In here, you will learn the trading rules on how to use trade teh 200 exponential moving average with the Awesome Oscillator Indicator.

In here, you will learn the trading rules on how to use trade teh 200 exponential moving average with the Awesome Oscillator Indicator. Trading Strategy / Gert.Nurme@iBrokers.ee 200 EMA with Awesome Oscillator Introduction The 200 EMA With Awesome Oscillator Forex Trading Strategy is a very simple trend trading system and therefore in

More information

The Trifecta Guide to Technical Analysis 1

The Trifecta Guide to Technical Analysis 1 The Trifecta Guide to Technical Analysis 1 No trading system is bullet-proof. The list of factors that can impact a stock s share price is long and growing from investor sentiment to economic growth to

More information

presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading Part 2

presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading Part 2 presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading Part 2 Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all persons. Before

More information

Now You Can Have These Trading Gems- Free!

Now You Can Have These Trading Gems- Free! Presents Killer Patterns Now You Can Have These Trading Gems- Free! The Trading Info Revealed Here is not the Same as the Proven WizardTrader.com Methods But Works Well With Them 1 Copyright Information

More information

Forex Advantage Blueprint

Forex Advantage Blueprint Forex Advantage Blueprint Complimentary Report!! www.forexadvantageblueprint.com Copyright Protected www.forexadvantageblueprint.com - 1 - Limits of liability/disclaimer of Warranty The author and publishers

More information

MAGIC FOREX DIVERGENCE Trading Guide

MAGIC FOREX DIVERGENCE Trading Guide Tim Trush & Julie Lavrin Introducing MAGIC FOREX DIVERGENCE Trading Guide Your guide to financial freedom. Tim Trush, Julie Lavrin, T&J Profit Club, 2017, All rights reserved www.forexmystery.com Table

More information

1 www.candlecharts.com 2 BONUS www. candlecharts.com/special/swing-trading-2/ 3 www. candlecharts.com/special/swing-trading-2/ 4 www. candlecharts.com/special/swing-trading-2/ 5 www. candlecharts.com/special/swing-trading-2/

More information

FOREX. analysing made easy. UNDERSTANDING TECHNICAL ANALYSIS An educational tool by Blackwell Global

FOREX. analysing made easy. UNDERSTANDING TECHNICAL ANALYSIS An educational tool by Blackwell Global FOREX analysing made easy UNDERSTANDING TECHNICAL ANALYSIS An educational tool by Blackwell Global Risk Warning: Forex and CFDs are leveraged products and you may lose your initial deposit as well as substantial

More information

Advanced Trading Systems Collection MACD DIVERGENCE FOREX TRADING SYSTEM

Advanced Trading Systems Collection MACD DIVERGENCE FOREX TRADING SYSTEM MACD DIVERGENCE FOREX TRADING SYSTEM 1 This system will cover the MACD divergence. With this forex trading system you can trade any currency pair (I suggest EUR/USD and GBD/USD when you start), and you

More information

Agenda. Who is Recognia. Event Driven Technical Analysis. Types of Technical Events. Finding and Validating Ideas using Recognia Q & A

Agenda. Who is Recognia. Event Driven Technical Analysis. Types of Technical Events. Finding and Validating Ideas using Recognia Q & A Disclaimer The information presented here is for educational and informational purposes only. The inclusion of any specific securities detailed is for illustrative purposes only. No information contained

More information

Class 7: Moving Averages & Indicators. Quick Review

Class 7: Moving Averages & Indicators. Quick Review Today s Class Moving Averages Class 7: Moving Averages & Indicators 3 Key Ways to use Moving Averages Intro To Indicators 2 Indicators Strength of Lines Quick Review Great for establishing point of Support

More information

Resistance remains in the SPX S/R zone, with a break out targeting 2170s.

Resistance remains in the SPX S/R zone, with a break out targeting 2170s. Executive Summary With a flat week, it appears a one pager would be sufficient to summarize what has happened. However, we believe that would get us off too easy and we still would like to provide a full

More information

JOURNAL INTRODUCING THE HPO ROBERT KRAUSZ'S. Volume 2, Issue 2. ear Trader,

JOURNAL INTRODUCING THE HPO ROBERT KRAUSZ'S. Volume 2, Issue 2. ear Trader, ROBERT KRAUSZ'S JOURNAL INTRODUCING THE HPO TM ear Trader, D First, I would like to introduce myself. My name is Thom Hartle (www.thomhartle.com) and I have put together this latest issue of the FT Journal.

More information

EZ Trade FOREX Day Trading System. by Beau Diamond

EZ Trade FOREX Day Trading System. by Beau Diamond EZ Trade FOREX Day Trading System by Beau Diamond The EZ Trade FOREX Day Trading System is mainly used with four different currency pairs; the EUR/USD, USD/CHF, GBP/USD and AUD/USD, but some trades are

More information

Chapter 24 DIVERGENCE DECISIONS

Chapter 24 DIVERGENCE DECISIONS Chapter 24 DIVERGENCE DECISIONS The subject of divergence is one that we will approach with the utmost caution. We hope we have made ourselves clear in the other volumes of this course that we have little

More information

The Art & Science of Active Trend Trading

The Art & Science of Active Trend Trading CONNECTING THE DOTS Candlesticks & Convergence of Clues The Art & Science of Active Trend Trading Copywrite ATTS 2007-2015 1 Dennis W. Wilborn, P.E. Founder, President Active Trend Trading dww@activetrendtrading.com

More information

Monthly Dairy Technical Commentary Thursday September 5, 2013

Monthly Dairy Technical Commentary Thursday September 5, 2013 Monthly Dairy Technical Commentary Thursday September 5, 2013 CME Class III Milk Futures The weekly price trend for Class III Milk points down from its August 2011 high, and the latest breakdown below

More information

1 P a g e. Table 1. Ideal wave tracker table for nano and micro-waves of minute-v

1 P a g e. Table 1. Ideal wave tracker table for nano and micro-waves of minute-v Yesterday I concluded We may get some profit taking over the Holiday; but it should only be corrective (small 4 th waves). And today certainly looked like that with only a 5p range on the S&P. Hence the

More information

Software user manual for all our indicators including. Floor Traders Tools & TrendPro

Software user manual for all our indicators including. Floor Traders Tools & TrendPro Software user manual for all our indicators including Floor Traders Tools & TrendPro All the software was designed and developed by Roy Kelly ARC Systems, Inc. 1712 Pioneer Ave Ste 1637 Cheyenne, WY 82001

More information

Figure 3.6 Swing High

Figure 3.6 Swing High Swing Highs and Lows A swing high is simply any turning point where rising price changes to falling price. I define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed

More information

3 Price Action Signals to Compliment ANY Approach to ANY Market

3 Price Action Signals to Compliment ANY Approach to ANY Market 3 Price Action Signals to Compliment ANY Approach to ANY Market Introduction: It is important to start this report by being clear that these signals and tactics for using Price Action are meant to compliment

More information

SPX for the smaller major-4 triangle or SPX to complete the double zigzag. Figure 1.

SPX for the smaller major-4 triangle or SPX to complete the double zigzag. Figure 1. Today s break -finally- below SPX2625 (and SPX2613) places the Ball now firmly in the Bears camp, albeit today s strong rally off the lows. And the two main bear counts remain the focus for now: SPX2579-2568

More information

WTI Crude Oil ($WTIC)

WTI Crude Oil ($WTIC) 1 WTI Crude Oil ($WTIC) Monthly While gold is giving us mixed signals, Crude Oil is not (which actually could help in analyzing gold, assuming that Crude Oil and Gold share the same fate and are correlated

More information