Recap of the Zig-Zag & The Study of Corrections The Second Pre-Trend Pattern: Triangles Setting Stops & Profit Targets “All patterns fail, but the key is to know when to trade them and when to avoid them.” -Suri Dudella...
AUDUSD Technical Strategy: Pending Long Clear candlestick reversal patterns absent on the daily chart Harami on the four hour timeframe awaiting confirmation AUD/USD is awaiting guidance near the 0.9320 mark with candlestick reversal signals lacking on the daily chart...
At this stage you will have covered the necessary undergraduate material for financial econometrics. The following two books specialise in time-series analysis, which is the main area of application for a quantitative trader who works on financial pricing data...
GBP/USD Technical Strategy: Pending Long Bullish reversal pattern forming on the daily chart Bearish formations absent in intraday trade GBP/USD’s recovery is set to yield a Bullish Engulfing pattern on the daily chart if the current candle manages to close near present levels...
After having studied a text like Brooks' above, you will be well on your way to being skilled within basic econometric theory and time-series modelling...
GBP/JPY Technical Strategy: Flat Support: 173.53, 173.13, 172.44 Resistance: 173.98, 174.50, 175.35 The British Pound moved lower against the Japanese Yen as expected after producing a bearish Evening Star candlestick pattern...
USD/CAD Technical Strategy: Longs Preferred Bounce off key support yields Morning Star pattern Former resistance at 1.0700 now offers support USD/CAD’s break above 1...
Benefits of Pattern Recognition The First Pre-Trend Pattern: Zig-Zag Setting Stops & Profit Targets “…markets are chaotic in nature, but within this chaos are non-random patterns that repeat and are predictable” -Larry Pesavento...
Here is an example of trading with automatic trendlines indicator Lineverse. 2 consecutive 50-pip takes with low risk and high reward. * Effective December 1, 2014, the free version Lineverse Free works with any timeframe of GBPUSD...
USD/JPY Technical Strategy: Pending Long Harami delivers declines to range-bottom at 101.20 Awaiting key reversal pattern to signal a recovery USD/JPY has extended recent declines on the on the back of a Harami pattern on the daily which suggested the bears were looking to take control of prices...
EURUSD chart depict almost the same picture. We are currently tracking minor wave II pullback, and we expect further continuation to the downside...
At this stage you should have a good grasp of basic probabiltiy, statistical methods and exposure to the time-series concepts used in econometrics models...
When markets are flat, scalpers can trade ranges. Traders should identify support & resistance before considering entries...
GBP/USD Technical Strategy: Sidelines Preferred Narrow range between 1.7100 and 1.1710 remains in play Dojis denote deliberation as consolidation continues GBP/USD continues to keep traders in suspense as the pair wavers within a narrow 70 pip range between 1.7100 and 1.7170...
Financial econometrics is an integral component of modern quantitative trading. Cutting edge systematic trading algorithms make extensive use of time-series analysis techniques for forecasting purposes...
USD/JPY Technical Strategy: Pending Long Haramidelivers declines, putting key support in focus Range between 101.20 and 102.77 remains in play USD/JPY has extended recent declines on the on the back of a Harami pattern on the daily which suggested the bears were looking to take control of prices...
USD/JPY Technical Strategy: Sidelines Preferred Doji suggested hesitation near key support Range between 101.20 and 102.77 remains in play USD/JPY’s long-held range between 101.20 and 102.77 remains intact following a push off support backed by a Doji formation...
Support and resistance levels are critical areas for scalpers to identify. Price action, pivots, and moving averages can all be used to find these values. Once identified, traders can then look to employ the strategy of their choosing...
