Last week I titled my Sunday post “What Will The Weekly Price Bar Look Like?” I chose that title for the purpose of pointing out not to get caught up in the daily gyrations. Last week was a whipsaw fest for those that traded directionally. One week later we can see that the market [...]
I have flipped through a few hundred charts and I see more patterns and technical setups than I have seen in a real long time. Some weeks, one Sunday does not look much different than the last. There was a lot of movement in the market last week and the technical setup has changed quite [...]
Tonight I am starting a new segment on the blog called Sunday Night Coffee. The purpose of the Sunday Night Coffee post will be to provide a trading plan for the coming week and to recap ideas that I have discussed on the blog previously that will be on my radar during the coming week. [...]
I recently discussed playing AZO to the short side. As I mentioned in my last post, my AZO short was stopped out with a loss at $144 on Friday. If I ever created a list of trading rules, one rule would be not to get mad at loser trades but to look at them for [...]
