Pattern: Divergence Divergence is a trend reversal entry. As the trade is against the trend, there’s no need for a trend filter. There are 3 types of Divergence: Type A Bullish: Prices reach new secondary low while indicator puts in higher secondary low. Type A Bearish: Prices reach new secondary peak while indicator puts in […]
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Liz Moran is a nationally recognised expert on fixed income assets or bonds. She is a regular contributor to The Australian newspaper and InvestSmart and she is the author of The Australian Guide to Fixed Income. Basically she’s Australia’s leading Bond Expert. As an investor, I wanted to know more about bonds and how Nick […]
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The world of Technical Analysis is saturated with indicators, oscillators, lines and other weird and wonderful esoteric attempts at finding the Holy Grail. There are a couple of absolutes; price and volume. Together, with time, patience and a level head, these tend to be all we need to be successful in the markets. There is […]
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Swing Trading is a popular form of short term trading that requires an entry against the immediate direction of price. In this video Nick Radge, The Chartist, explains two swing trading setups. These include specific rules to follow, that he has used for over 25 years and continues to use today. The rules can be […]
Read moreLast week we highlighted the Oops! pattern which appeared in Larry Williams’ popular book, ‘Long Term Secrets To Short Term Trading’. One of the reasons why the book was so popular is because many of the patterns and setups shown all had extremely high win rates, which is exactly what retail traders want, or think, […]
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Every so often we sit back and assess performance of various strategies, including the discretionary setups from our popular Playbook. For a further look into the setups have a look at our course New Traders Blueprint. When assessing these we look at the market conditions prevailing at the time, position of the setup within the […]
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How to win at trading: the hardest concept for a new trader to grasp is dealing with losses. Learn to deal with losses and you will win at trading. Sounds odd, right? The real key to success that every professional trader knows and understands is discussed in this brief video. If you really want to […]
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Commission drag is often an unknown factor for new traders. However it is essential and any professional trader will be able to tell you their figure. So what is commission drag? It’s the cost of trading. Like any business you need to assess all revenue and expenses to determine if you’re on the road to […]
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Find a strategy. Validate it. Do it. That’s the key to trading and investing success in a nutshell. However, there are many myths that swirl across the online trading world about what works and what doesn’t so it’s very important to validate. As an example let’s look at the Bearish Outside Reversal Day (BORD) which […]
Read more Last week we looked at the BORD pattern traded on the S&P 500 ETF ($SPY). It offered an elegantly simple setup with reasonable results. As presented, this is known as a ‘single market system’ meaning it was designed and built to trade one market. However, single market systems tend to be based on random noise […]
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