February 2018 – The Art Of Chart

Month: February 2018

Hold Or Fold

Obviously, the rejection candle opportunity for bears yesterday was a one day only thing, and that day has passed. What we are seeing today is a decent little retracement that has a chance to grow into a larger backtest of the daily middle band. I'm talking about that in the video below: Intraday Video from theartofchart.net -...

Breaking Over A Daily Middle Band – Day Two

SPX and RUT both broke with confidence over their daily middle bands on Friday and such a break is a two-day process. Bears get a potential "Get Out Of Jail Free" card the next day if they can deliver a rejection candle that closes back below the middle band, and bulls need to deliver a...

The Weekly Call – Trade Setups for the Week of February 25th

The Weekly Call provides perspective on high-quality setups and trading strategies. Our current performance showing a more than 290% return since October 2016. The purpose of this blog is to demonstrate how to swing trade futures using our methodology to select high-quality setups and manage the trade with our risk management approach. This week, I...

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 25th

Crypto-currencies are now mainstream trading instruments. I am providing charts in this blog on a weekly basis. I plan to cover just three cryptos: Bitcoin, Litecoin, and Ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTC, as expected, made the 11,000 area and...

Price Is King

Since I started posting on YouTube a few weeks ago, we have doubled subscribers on our channel there to slightly under 500. I have calculated that if we can continue doubling subscribers every two months for the next three years, then we can overtake the current biggest YouTube star, currently at about 80 million subscribers...

Still Testing SPX Middle Band Resistance

I try to post a full video once a week, so I'm posting one today. If you're just interested in the equity indices, I cover those at the start of the video. Stan and I are doing two free webinars tonight: the first is on trade execution 30 minutes after the RTH close, and the...

We Will All Go Together When We Go

I remember seeing the very talented satirist Tom Lehrer on his last world tour in the 1980s, the "Poisoning Pigeons In The Park" tour. Today's title is a small homage to one of my favorites in his repertoire, as well as a note that as and when equities are ready for the next leg down,...

The Weekly Call – Trade Setups for the Week of February 19th

Crypto-Currencies: Bitcoin, Litecoin and Ethereum for February 18th

Crypto-currencies are now mainstream trading instruments. I am providing charts on this blog on a weekly basis. I plan to cover just three cryptos: Bitcoin, Litecoin and Ethereum. The point of this weekly post is to show the crowd psychology behind the price movement to support high-quality trades. BTC had broken the middle band as...

Testing SPX Middle Band Resistance

I have a question for my beloved readers today and I'm hoping one of you has a good answer. I've teamed up with an options expert friend to run a directional options portfolio based main on futures options for the last three months, and we've been recording the (very impressive so far) trades and results...