May 10th, 2008 by Corey Rosenbloom
How can you increase your % win rate for your trades by adjusting one of two parameters? Would it be worth it for your overall profitability?
I’ve been doing a fair amount of trading system development and optimization thanks to TradeStation, Tradecision, and Excel and have found some surprising initial results.
For the purpose of this post, […]
May 9th, 2008 by Corey Rosenbloom
Apple Inc (AAPL) showed some interesting patterns today on its intraday chart - I thought you might like to take a closer look.
The day started with an overnight gap down that didn’t fill, although price achieved a 50% retracement.
Gaps that fail to fill can lead to larger trend moves in the original direction of the […]
May 8th, 2008 by Corey Rosenbloom
The $VIX (Volatility Index) is bouncing off new lows for 2008 in a sign that traders and funds have become less fearful in the current market environment.
Perhaps they are unwinding their hedges or engaging in some sort of risk-seeking or ‘cooling off’ period, but it is interesting to note that it took the VIX 6 […]
May 7th, 2008 by Corey Rosenbloom
Although it’s not discussed extensive, the Yield Curve has now normalized to levels that have historically preceded large bullish moves for the overall market. The last time this pattern occurred was in 2003.
Bill Luby at VIX and More recently identified this pattern as well with a good, brief analysis in his post “The Yield […]
May 6th, 2008 by Corey Rosenbloom
Today marked yet another opening gap that filled in the major US Stock Market Indexes. Gaps are one of my favorite opening patterns to play because they can provide a dual edge for traders. By ‘dual edge’ I mean they can provide a higher % win rate and also generate more profits when […]
May 4th, 2008 by Corey Rosenbloom
Apple Inc (AAPL) continued its winning streak into May after rising from $120 in March to $180 in May. It’s rare when we see a stock carve out the pattern Apple has, and so we need to look at this pattern to learn from it now.
After plunging almost 50% in early 2008, price built […]
May 3rd, 2008 by Corey Rosenbloom
With Candlestick analysis becoming more popular and accepted, I thought it would be interesting to take you inside a Dark Cloud Cover candle pattern. Let’s peek inside the candle.
I mentioned that Google recently formed a Dark Cloud Cover pattern. Let’s discuss it before we see it.
A “DCC” is a reversal pattern that must […]