Identifying and Trading Breakaway Gaps

Trading a breakout from price range or consolidation is a common tactic. The risk, of course, is that the breakout may turn out to be false. So, we look at volume and follow-through to confirm the likelihood that price will

Four Potential Scenarios That Make a Trade War “Tradeable”

Adapting to Uncertain Market Conditions   One key attribute that characterizes an adept trader is the ability to adapt to different market conditions:   An adept trader has different strategies on hand for uptrending, downtrending, and non-trending markets. An adept

Newsletter – July 2018

Upcoming Government Reports & Holidays   July 2 CONSTRUCTION SPENDING REPORT 10:00 AM July 3 MANUFACTURERS’ SHIPMENTS, INVENTORIES… 10:00 AM July 4 INDEPENDENCE DAY HOLIDAY — July 6 EMPLOYMENT SITUATION REPORT 8:30 AM July 6 U.S. INTERNATIONAL TRADE IN GOODS

Nick Leeson and the Fall of Barings Bank

On February 26, 1995, a young trader named Nick Leeson single-handedly brought about the collapse of one of the oldest and most revered banking institutions in the world, the 233-year old Barings Bank in London.   Founded in 1762, Barings

Using the Gold-to-Silver Ratio to Sharpen Your Trading Insights

Perhaps you are a day trader or swing trader. You’ve honed your own personal approach to trading short-term momentum. Maybe long-term fundamentals play little role in your short-term “technical” outlook. You seek volatility, as it often brings just enough momentum

The 2008 Financial Crisis

Downturn!…Whiplash!…Bust Up!…Evictions!….Bankruptcy!….Homes Abandoned!…. ”Crisis“ dominated the headlines in 2008. Many economists consider the financial crisis of 2008 to be the worst since the Great Depression. There was a reckoning with lax financial regulation and institutional greed; all of which resulted,

The Death of the Pit Trader

When Trading Was Grueling, Gritty, and “Real” There was a time when trading could have been likened to a contact sport. All trades, equities and commodities, took place between people within a small and tightly packed space: a trading pit.