Part 2/3 of a series of posts showing one way to apply quantitative thinking to market problems.
NKE: price action in an active stock post-earnings
Another look at price action in an in-play stock and deriving a bias from overnight market structure
An important trading skill: “Hey, that’s different!”
Sometimes the best pattern is simply to notice when an established pattern is broken.
RIMM – follow up post-earnings
A look at RIMM as a second day play using intraday technical patterns.
Will the Real Level Please Stand Up? (Know Your Market)
Traders watching the S&P 500 have at least four possibilities for market proxies (and most other major indexes have similar issues), but they’re not always created equal. Some instruments do some things better than others and some are completely inappropriate for certain uses. Let’s start with looking at the pros and cons for each SPY proxy: SPY: An ETF that … Read More
Decoding Pullbacks: A Case Study in RIMM Post-Earnings (9/17/10)
Last week, a reader asked for an example of an easy technical play… a lay-up. Here is an example of One Good Trade in RIMM – a pullback short supported by multiple technical factors.
Finding good setups in a quiet tape
This blog is going to go over one of my recent trades in COG. Yesterday’s morning session was very quiet and I was having difficulty finding stocks that were really moving. I was able to establish during the first 15 minutes or so that I would trade a ‘range strategy” until the market structure changed. (more about this on another … Read More
Interpreting Price Action: Unveiling Support and Resistance
An important element of price action that can give a trader some insight into the probability of support/resistance holding or failing.