Slow Stochastic: Does Oversold Always Mean Sell? GBP/AUD Forex Pair bearish
Tags: slow stochastic, stochastic indicator, trend trading
Slow Stochastic Overbought and Oversold Levels
Stochastic Indicators generally are either displayed on a price chart as fast or slow. Slow stochastics uses the settings 14,3,3 refering to the number of periods and the smoothing for the %K and %D lines. To be technically correct, fast stochastic uses the previously mentioned lines while the slow stochastic indicator actually uses two %D lines. Stochastics measures where prices have been over the previous number of periods. So if a symbol has been trading at the higher end of it’s range, stochastic would show higher values. Charted on a fixed 0-100 scale, the out of the box defenition is that above 80 is overbought and below 20 is oversold. While this may work during defined range bound periods, as a trend trader it is optimal to change the settings to better signal trend breakouts as described in our previous article on Trend Trading Stochastics. Hear you can also see a much more detailed explanation of how stochastics works and how traders can decide on entry and exit points based upon the study.
British Pound Bearish Trend
Recently, we’ve seen the British Pound enter a downtrend opening up a short opportunity
Posted by Derek Moore on Mar 02, 2010 | Permalink
Calling A Top In Gold?
Tags: adx, dmi, gold etf, trend trading
Bearish Technical In Gold
Gold has continued to be in the news. Anyone watching either CNBC or Fox Business Channel can see plenty of commercials offering ways to invest in gold. How gold never goes to zero. Or predictions on what the price of gold will do in the coming years. Off course most of those predictions associated with the commercials all point to Gold prices continuing to rise further.
With technical analysis, we always try to read and react to price charts. So what does the chart of Gold, or as displayed here the Gold ETF symbol:gld tell us?
Posted by Derek Moore on Dec 22, 2009 | Permalink
Donchian Channel
Tags: donchian channel, trend trading
Trend Following
Richard Donchian’s 4-week rule was built on the belief that traders should buy things that are making new highs. When price makes new lows, that may be the time to protect profits or cut losses. Donchian’s four week rule was quite simple actually. Traders would buy on a new 20 day high, and sell or short if price made a new 20 day low. Why 20 days? For traders using daily charts, four weeks contain……..
Posted by Derek Moore on Nov 16, 2009 | Permalink
Derek Moore ETF Presentation Slides
Tags: etf, webcastFor those of you that requested the ability to download a copy of tonights webinar “Trading ETFs” presented by Derek Moore, CEO of Tradesurfer. You can download, print or save a PDF copy below.
file:
TradingETFOptionMonsterWebinar.pdf [920.32KB]
Category:
download: 154
Posted by Derek Moore on Nov 10, 2009 | Permalink
Free Trading ETF Webcast Tuesday Evening November 10th
Tags: etf, webcastTrading ETF Webcast
Topic: Trading ETFs
Presenter: Derek Moore
Date: November 10, 2009
Time: 7:00 pm (US/Central)
Description: ETFs burst onto the scene and have become the vehicle of choice for stock and option traders alike. Now, learn how you can trade specific sectors, countries, commodities, currencies, and more from within your stock trading accounts. See how short ETFs may enable traders to hedge or play the downside even within retirement accounts. Plus, gain important insights into the leveraged, double, and 3X etfs now available. Why these vehicles may not move the way you might expect.
• ETF Overview
• Types of ETFs currently available
• Technical Analysis for ETF traders
• Managing Trading Risk.
• How to select a watch list representing diverse market areas.
• Dow, S&P, Nasdaq tracking securities.
• Sector ETFS
• BRIC country ETFS, China, India, Brazil and other emerging markets
• Commodity ETFs
• Currency ETFs
• Bear Market or Short ETFs
• Simplifying Leveraged, Double, and Triple ETF
• Compare and contrast single leverage vs. leveraged ETFs
• Be able to understand and apply techniques using TradeMonster
• Options on ETFs
Posted by Derek Moore on Nov 10, 2009 | Permalink
Older Posts