Mike Bellafiore of SMB Capital posted a link I thought you might find interesting, particularly if you trade short-term tactics or want to understand a little more about what tactics some quant funds employ. Entitled “Algorithmic Programs that will be Eliminated,” Mike discusses a specific strategy known as “Buying the New Low” which – as…
I have been a follower of Mr. Connors’ work since I learned of his book Street Smarts written with Linda Raschke which has become a classic book that details similar insider strategies that were explained with numerous examples from his years of trading experience and research.
The following article excerpt is adapted (with permission) from a brand-new eBook on gold and silver published by Robert Prechter, founder and CEO of the technical analysis and research firm Elliott Wave International.
Back in the Digital Studios at Market Club, Adam Hewison released a new video this morning entitled “The S&P 500 Conundrum” which details the current structure of the market and insights into a couple of indicator readings with trade triangles.
Here are this week’s “Editor’s Picks” from the NewsFlashr Business Blog page: Dr. Steenbarger of Trader Feed asks a simple question with a detailed response: “What Should I Focus Upon?” John Forman shares an email from a reader and a response/discussion on the topic “Two Years of Trading and Nothing but Losses” This week’s Podcast…
The following article is excerpted from Club Elliott Wave International’s post “Nikkei and NASDAQ: History in the Remaking” – only I have added charts for emphasis.
Let’s take a long-term monthly view of Japan’s Nikkei Index showing the crash of 2000 and 2008:
In the video, Adam Hewison takes multi-timeframe views of the US Dollar Index (moving from the monthly chart down while highlighting key “Trade Triangle” Trading Signals that have occurred). He reveals that a new “Monthly Trade Triangle” Sell Signal has occurred and what that might mean for the index.
I wanted to draw your attention to a special free upcoming webinar with Toni Hansen entitled “Universal Trading Systems” that will take place on Tuesday June 16th at 8:00pm EST. Toni is a popular speaker and is the author of many educational DVDs – she hosts her website at www.tonihansen.com, where you can learn basic…
Elliott Wave International president Robert Prechter recently released a free 40-page ‘eBook’ on the Gold and Silver Markets which is now available for download.
Is there a 17-week cycle operating in the S&P 500? Adam Hewison shares his insights in a recent video which was very interesting to me, as most traders don’t analyze cycles as easily as they do other technical indicators.