6:00 AM Get up and have breakfast. Check emails to make sure that the overnight cron jobs (automated tasks) ran successfully the night before. These are for downloading financial data and uploading our own internal reports. More on that later. 7:00 AM Head in to Mayfair on the Tube...
Triangles A triangle appears to reflect a balance of forces, causing a sideways movement that is usually associated with decreasing volume and volatility. The triangle pattern contains five overlapping waves that subdivide 3-3-3-3-3 and are labeled A-B-C-D-E...
This Is Your Recovery, And This Is Your Recovery Without Drugs - “It is well enough that people of the nation do not understand our banking and money system, for if they did, I believe there would be a revolution before tomorrow morning...
Neural Network FAQ, by 7 parts incl learning howto, books, data, free software, commercial software, hardware, and more A Novel Approach of Finger Print Recognition Using (Ridge) Minutia Method and Multilayer Neural Network Classifier - the article Thousands Of Gamers Help Scientists Map The Neur...
Expanded Flats In expanded flats, wave B of the 3-3-5 pattern terminates beyond the starting level of wave A, and wave C ends more substantially beyond the ending level of wave A, as shown for bull markets in Figures 1-33 and 1-34 and bear markets in Figures 1-35 and 1-36...
USDCHF is trading pips shy of its YTD high but has pushed above the trendline that extends off of the 2010 and 2013 highs (there is a trendline that extends off of the 1985 and 2001 highs near .9400). The nearly 30 year trendline splits the 50% and 61...
“The miserable trading conditions in USDJPY are probably explained by its long term Elliott wave position. That is, the rate has been mired in a corrective 4th wave all year. The good news is that wave 4 probably ends soon. Keep focused on the Elliott channel...
“Long term, a failed breakout and top would keep with the pattern of 3 year cycle tops. 1.3750 is an important reference point (year open).” The break of 1.3476 completed a topping process with targets of 1.3294 (origin of diagonal), 1.3209 (2 equal legs), and 1.3012 (head and shoulders target...
High Probability Trading : Take The Steps To Become A Successful Trader Before he became a successful trader, Marcel Link spent years wading from one system to the next, using trial and error to figure out what worked, what didn't, and why...
The Double-Top and Double-Bottom formation show multiple tests of support (or resistance) at a particular price level. Traders can look to trade subsequent tests of these price levels...
Here are top 8 current list of candidates: Baxter International (NYSE:BAX) Berkshire Hathaway (NYSE:BRK.B) BlackRock Incorporated (NYSE:BLK) Coca-Cola (NYSE:KO...
EURGBP Technical Strategy: Flat Support: 0.7973, 0.7954, 0.7935 Resistance:0.8007, 0.8031, 0.8050 The Euro began edging higher against the British Pound as expected after prices produced in a bullish Morning Star candlestick pattern. A pullback now sees prices testing support at 0...
The triangle formation can show in three varieties; we outline each below. Triangles signal congestion or consolidation as the range of price movement decreases. Traders can look to trade breakouts by treating triangles like other congestion patterns. The Triangle...
Our near-term trend bias is positive on the metal while over 1280 A move through 1321 is needed to confirm that a more meaningful move higher is in fact underway A cycle turn window of importance is seen around the start of next month A daily close under 1280 will turn us negative on Gold XAU/USD...
Breakout traders should first find support & resistance Entries can be set as close as 1 pip above these values Support and resistance can also be used for managing a position Scalpers have a variety of choices when it comes to an execution strategy...
Trading Technologies International, Inc. (TT) and the Singapore Management University announced that TT’s X_TRADER® software is now being used in the University’s Master of Science in quantitative finance program within the market microstructure course curriculum...
1. THE THEORY Some call it head and shoulders pattern and others call it king's crown. Whatever the name may be this candlestick pattern is a very significant bearish reversal pattern. In the figure below, consider an uptrend represented by a solid line that passes through points 1, 3, 5...
This Is the Troubling Future of High-Frequency Trading - The Financial Times reported yesterday that high-frequency traders are leaving investment banks for hedge funds, prop trading houses, and their own startups...
The Financial Times reported yesterday that high-frequency traders are leaving investment banks for hedge funds, prop trading houses, and their own startups. Oh, you didn't realize that regular, Too Big to Fail investment banks had high-frequency trading desks? Surprise, surprise, surprise...
