fbpx

An Unusual Setup

An Unusual Setup   Research lately has me deep into the world of probabilities, something that Mark Douglas talks about in his trading psychology book Trading in the Zone. He also talks about three types of trading systems, starting with a mechanical system designed...

What’s Your Gold?

What’s Your Gold?   What techniques have you thoroughly tested and now understand their success and failure rate? Is it documented, and something you could hand to someone for them to understand? I think most people would be guilty at some point or another of...

A World of Probabilities

A World of Probabilities   What an interesting month on the SPI200! With a current All-Time High at 8121 made on 1 August, there is a current low on 6 August at 7472. That’s 649 points in 3 trading days! Considering three days down moves the three-day swing chart,...

A Look at the Euro

A Look at the Euro   Taking a look at the Euro, I’m going back to the 28 December 2023 and 8 March 2024 monthly swing tops as this month’s case study. Chart 1 below shows three weekly swings up into roughly 100% of the previous monthly swing range. The last weekly...