How to Trade (Essentially!) Oversold Conditions

7 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

In this episode of #stockmarket narratives, I use #technicalanalysis to demonstrate how to trade oversold conditions. Right now, the stock market is essentially oversold with market breadth (#AT50), the percentage of stocks trading above their respective 50-day moving averages (DMAs), closing below 20%. I use #swingtradebot to find candidate stocks to buy on an oversold bounce in the coming week.Read https://drduru.com/onetwentytwo/t2108-resource-page/ for more details on trading market breadth signals.

Why It Is Important to Clean Out Watch Lists for Trading Stocks

4 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

In this trading tutorial, I cover the importance of maintaining your watch lists. I use #swingtradebot in this example. I review and explain why a particular stock pattern stays on or comes off the list. At the time of recording the stock market is essentially at oversold conditions, so my focused list is getting me ready to pounce on what I think are some stocks that will benefit most from a short-term market rebound.Read here for more details on the current oversold conditions: https://drduru.com/onetwentytwo/2023/09/24/oversold-trading-awaits-the-market-breadth/#stockmarket #technicalanalysis #AT50

Situational Awareness while Trading

2 days ago by Marcel Duarte

If you're going to actively trade stocks, I suggest working on high quality Situational Awareness (SA) questions.

Deep Dive Into Stop Losses, Volatility Hacks, and Bullish Rotation | The Final Bar (09.15.23)

14 days ago by StockCharts TV @ StockCharts.com YouTube Channel

Host David Keller, CMT drops a special all-mailbag episode of The Final Bar, including viewer questions on using Average True Range for stop losses, stocks vs. bonds, India's test of all-time highs, and best practices for price volatility.00:00 - Intro00:54 - Q1: If the economy is changing to a world where stocks and bonds travel in the same direction, how would you use technical analysis to identify this change? 06:07 - Q2: What is going on with the weekly Put Call Ratio?09:01 - Q3: How do you use ATR as a stop?12:21 - Q4: Why are pennants and other reductions in volatility expected to resolve in big moves? 14:46 - Q5: Would you agree that “technical signals lack reliable predictive value because they don’t account for modern market rules?”18:55 - Q6: How do I add the Fibonacci scale to a chart?21:21 - Q7: Is the PEG ratio embedded somewhere in the StockCharts system?24:38 - Q8: Do you ever use monthly or quarterly candles?29:57 - Q9: India just hit another ATH - is it t...

Cap Weight vs Equal Weight Divergence, Sending Sell Signal Warning Signal?

15 days ago by Chris Kimble @ Kimble Charting Solutions

We often watch the performance of cap weighted indices versus the equal weight counterpart. Why? Because divergences in performance often signal market turns. Today is no different as we display the performances of the S&P 500 cap weight index versus the S&P 500 equal weight index. And, as you can see, there is a wide […]

Why You Should See Each Position To Its Fruition | Trading Simplified (09.13.23)

16 days ago by StockCharts TV @ StockCharts.com YouTube Channel

Dave Landry discusses his methodology in action by going though the open portfolio from his Core Trading Service. He discusses the fact that, in spite of deteriorating conditions, you need to follow your plan and stick with your positions until stopped out. He then resumes his series on the wisdom of Jesse Livermore; this week, he discusses how Livermore learned from the markets, but was still subject to extraneous influences that cost him dearly.00:00 Intro02:06 Methodology In Action - First Position - Knife River (KNF) 06:00 Second Position - LifeMD (LFMD) 07:16 Third Position (short) - KB Home (KBH)08:38 Performance-Based Metric Update - Percent From 50 Week Closing High11:20 Jesse Livermore Part 1315:33 When You're Doing Well, When There's A High, There's A Drawdown19:45 Livermore On The Loss Of Money24:47 Lessons From Livermore Summary Access courses and receive Dave's weekly newsletter: https://www.davelandry.com/members/https://davelandry.com/stockchartshttps:/...

Trade School with #Swingtradebot: How A Bear Finds A Sector Full of Ugly Stocks

24 days ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Master technician Carter Braxton Worth talked about the ugliness in "experience stocks" (consumer cyclicals like restaurants and casinos) on CNBC's Fast Money. I turned to #swingtradebot to do further investigation starting with Wingstop ($WING). Watch me on a quick journey through the ugliest stocks in a sector of the #stockmarket Try https://www.swingtradebot.comRead more at https://www.drduru.com/onetwentytwo#technicalanalysis Cover credit: Lauren Brown, "Jenn's Ugly Face" on Flickr

Treat Trading As a Business | Chat with Traders Podcast

24 days ago by Tessa Dao @ Chat With Traders

What NOT To Do As A Trader

about 1 month ago by StockCharts TV @ StockCharts.com YouTube Channel

Dave shows his methodology in action with a short side setup that recently triggered. He also touches upon a simple way to stay on the right side on the market - so far, so good! After that, he resumes expounding on the wisdom of Jesse Livermore. Although Livermore accomplished some amazing things, he also exhibited a lot of bad behavior. Therefore, in this episode, Dave focuses on what not to do as a trader.0:00 Intro1:55 Mystery Chart - Sell Short4:05 Dave's Archives4:43 Performance-based Metrics6:42 Livermore Series 10:09 Do as Livermore Says, Not As He Does12:23 No One Is Immune From Human Nature16:43 Livermore Blows Up Again20:18 The Repeated Lesson Is...Access courses and receive Dave's weekly newsletter: https://www.davelandry.com/members/https://davelandry.com/stockchartshttps://davelandry.com/contacthttps://davelandry.com/webinarhttps://twitter.com/tfollowingmoron @tfollowingmoron–––––✅ Enjoy this video? Subscribe to StockCharts TV on YouTube to watch mo...

Bad News Is the Good News That Flips Bears to Bulls

about 1 month ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Bad economic news in the form of weaker than expected job openings sent bond yields lower. Lower bond yields encouraged buyers. This sequence worked for today. The Friday job's report offers the market an opportunity to confirm or invalidate this flip from bearish to bullish sentiment.I was expecting to get a major buying opportunity on a trip to oversold trading territory. BUT, the day's slew of 50-day moving average (DMA) breakouts suggest that opportunity will not be forthcoming!Once again, I use #swingtradebot to explore the market's main technical headlines.See https://www.drduru.com/onetwentytwo for more detailed market narratives.Cover credit: "The Skeptical Chihuahua, Taipei" by Yiie is licensed under CC BY 2.0. To view a copy of this license, visit https://creativecommons.org/licenses/by/2.0/?ref=openverse.

Trade School: Exploring the Impact of the Bearish Engulfing Pattern with SwingTradeBot

about 1 month ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

The NASDAQ printed the dreaded bearish engulfing pattern. Its impact is even greater given it also faded from resistance at the 50-day moving average (DMA). I explore the impact of this bearish setup using Swingtradebot for a quick tutorial on #technicalanalysis .Read more at https://www.drduru.com/onetwentytwoCheck out swingtradebot at https://www.drduru.com/onetwentytwoCover credit: Engulfed by Nathan RupertFollow on Flickr: https://www.flickr.com/photos/19953384@N00/7125203725

How To Identify Trend Reversal Patterns (The Ultimate Guide)

about 1 month ago by Jet Toyco @ Trading with Rayner

Discover how to master the art of spotting and trading trend reversal patterns with this ultimate guide. Get ready to ride the waves of market trends like a boss!

Weak rallies carry a bearish overtone

about 1 month ago by noreply@blogger.com (Declan Fallon) @ Fallond Picks

Buyers make a reapparance after an extended period of selling. However, where in late spring and early summer any gain helped fuel a rally, this time, sellers have control of the market so that any buying will raise doubts as to its capability to dig the market out of its slump.In the case of the Russell 2000 ($IWM), we had a continuation of the bounce off the 200-day MA, although today's gain came off lower volume. The real killer is the relative underpeformance of the index against the S&P; although, in a six-month timeframe is all a bit scrappy.  While bears have an advantage, I would see enough here for bulls to take the index into a test of (soon to be) converged 20-day and 50-day MAs. 

The Complete Guide To Bracket Orders

about 2 months ago by TradingwithRayner Editorial @ Trading with Rayner

Discover the power of Bracket Orders! Simplify your trading, minimize losses, and maximize profits.The post The Complete Guide To Bracket Orders appeared first on TradingwithRayner.

Trade School: Clean Up A Watchlist in Swingtradebot

about 1 month ago by Dr. Duru Diagnoses Markets @ Dr. Duru Diagnoses Markets

Continuous improvement! The developer of Swingtradebot responded to my training video by pointing out areas of improvement both for Swingtradebot and me. I realized that I can eliminate the manual step of writing down stocks to clean out of a watchlist by simply opening a second tab. During this process, I show how I use my technical analysis to remove stocks from my watchlist of bullish stocks. This process includes key follow-up observations on bullish swing trade setups.The Market Breadth (technical analysis using #AT50): https://drduru.com/onetwentytwo/tag/at50/ Swingtradebot: https://www.swingtradebot.comVideo: Technical Analysis with SwingTradeBot: https://swingtradebot.com/blog/dr-duru-swingtradebot-screening-video#stockmarket #technicalanalysis #swingtrade

The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of August 21, 2024

about 1 month ago by Ryan Hasson @ SMB Capital

Happy Sunday, Traders! I hope you all had a brilliant week and the past week brought you success not only in your trading but also in other areas of your life. As the new week quickly approaches, it’s time to focus up once again and get the swing trading plans locked in.  Last week was dominated by a sea of ... Read MoreThe post The Weekly Trade Plan: Top Stock Ideas & In-Depth Execution Strategy – Week of August 21, 2024 appeared first on SMB Training Blog.

Swing Trading: Strategies, Tips, and Best Practices

about 1 month ago by smbcapital @ SMB Capital

Swing trading is a popular strategy focusing on capturing short-term price swings within the financial markets. It involves buying or selling assets, such as stocks, currencies, or commodities, with the intention of profiting from price fluctuations that occur over a period of days to weeks.  Swing trading is particularly relevant in the financial markets due to its potential for generating profits ... Read MoreThe post Swing Trading: Strategies, Tips, and Best Practices appeared first on SMB Training Blog.

Money Rotating Out of Large-Cap Growth Stocks | Sector Spotlight (08.14.23)

about 2 months ago by StockCharts TV @ StockCharts.com YouTube Channel

After an assessment of weekly rotations on Relative Rotation Graphs for US sectors, Julius de Kempenaer addresses the shorter rotations this week, trying to find whether some of these daily rotations managed to get in sync with their weekly counterparts (spoiler alert: a few did exactly that). In the second segment, Julius takes a look at the rotations for Value vs. Growth and the various size (Large-, Mid-, and Small-cap) segments, as well as the combination of these two cross-sections of the market; this approach delivers some interesting insights.00:00 - Intro01:20 - Short Term Sector Rotation17:07 - Growth-Value-Size Rotation23:20 - Conclusion✅ Connect with Julius: https://www.relativerotationgraphs.com/Twitter - https://twitter.com/RRGresearchFacebook - https://www.facebook.com/RRGresearch/LinkedIn - https://www.linkedin.com/company/rrgresearch✉️ Email Juliusdk@stockcharts.com#sectorrotation #rrg #relativerotationgraph–––––✅ Enjoy this video? Subscribe to StockCh...

Embracing Uncertainty For Greater Gains

about 2 months ago by Michael Martin @ MartinKronicle

So the coaching tip and what we might handle in the coaching program deals with your ability to embrace uncertainty. Right? Now, you’re all here probably because […]The post Embracing Uncertainty For Greater Gains first appeared on MartinKronicle.The post Embracing Uncertainty For Greater Gains appeared first on MartinKronicle.

Improving Your Trading Performance Through Discretion | Trading Simplified (08.10.23)

about 2 months ago by StockCharts TV @ StockCharts.com YouTube Channel

Based on active market conditions, Dave takes a break from his series on Jesse Livermore to discuss his methodology in action. He revisits his core methodology by showing the ultimate goal of catching longer-term trends and how money and position management can occasionally make that possible. Then, using live examples, he shows how discretion could be used to improve performance by allowing wiggle room (within reason) on the trailing protective stop, and also explains when to take partial profits slightly early.00:00 Intro 02:08 Keep Things Simple! 05:47 Bit Digital (BTBT) - Applying Discretion To The Stop10:00 Riot Blockchain (RIOT) Follow-Up15:29 Rigetti Computing (RGTI) How Discretion Worked Out 18:00 Discretion On Stops21:52 Knife River (KNF)23:34 Discretion On The Initial Profit TargetAccess courses and receive Dave's weekly newsletter: https://www.davelandry.com/members/https://davelandry.com/stockchartshttps://davelandry.com/contacthttps://davelandry.com/webin...