One of the great things about the market is, the markets don’t care about you. The market doesn’t care what color you are. The markets don’t care if you are short or tall. They don’t care about anything. They don’t care whether you leave or stay… I met the guy who wrote this best seller […]
A chart pattern is a visual representation of the actions of buyers and sellers in a market recorded in price action. A chart is not predictive of the future but shows what is happening with buyers and sellers in the present moment.The price action on a chart gives a trader signals about the current trend […]
On a bar chart an inside bar is a single bar which is smaller than the previous one and within the range of the highest price and lowest price of the last price bar. An inside bar can be located in relation to anywhere inside the last bar, the top, the middle or at the […]
Moving averages are technical trading tools for capturing trends in the stock market. Moving averages are price action filters that can identify a trend by which side of a moving average price is trading on. A vertical moving average can show that a chart is in a trend while a horizontal moving average can show […]
Technical analysis indicators derive their readings by applying a formula to a series of price data on a chart. The historical price data used can include samples of the opening price as well as the high and low or closing price over a specified time period. Different technical indicators will use different types of price […]
Michael Burry’s hedge fund Scion Asset Management is based in Saratoga, California and manages capital for 5 clients. Scion has $2,081,933,000 in total assets under management (AUM). The following positions are based on the last Q1 2021 13F filing as of 3-31-2021, with his top 10 holdings making up 92.93% of his portfolio. Position/Portfolio% TSLA(PUTS) […]
What is the best moving average crossover for swing trading? My favorite moving average crossover for swing trading that I have also confirmed through backtesting on the momentum names on my watchlist is the 5 day exponential moving average / 20 day exponential moving average crossover on the daily chart. I call this bullish crossover […]
Bob puts many hours into his trading in more ways than one. He studies the charts. He has spread sheets with inter-market correlations and spread sheets with his own trading stats. He’s glued to the screen during market hours. He’s very busy. Bob is a hard worker; working hard is second nature to him. He […]
