Trading Article

Bullish And Bearish Divergence Trading

Trading divergence involves the use of price action and technical trading indicators to find potential turning points in the market. Finding a divergence is not a guarantee that a shift in price is going to happen but combined with other information, can be a decision-maker for a trader.   What... Read moreread more

Trading With The Ichimoku Cloud Indicator

Ichimoku

The Ichimoku indicator is a powerful indicator that shows the momentum and trend strength, and possible support and resistance levels of an asset. Ichimoku uses five moving averages and part of the calculation produces a cloud that represents potential future support and resistance areas. 2 of the moving averages compute... Read moreread more

Darvas Box Trading Strategy – Trading Secrets From A Dancer?

Last updated on December 2nd, 2019 The foundation for the Darvas Box strategy started when Darvas, using only price action and volume, used it for trading stocks starting with M&M Woodworking.  What he didn’t know was that the increase in price was happening because of merger rumors that were circulating.... Read moreread more

Trading The 9/30 Setup

Last updated on December 1st, 2019 What is the 9/30 trading method? The 9/30 setup is a two moving average crossover pullback strategy using the 9-period EMA and the 30-WMA (weighted moving average). It is a trading setup that is used to join the current trend direction which is also... Read moreread more

Stochastic Oscillator Complete Trading Guide

The Stochastic Oscillator is a momentum indicator that is designed to give you an objective measure of the momentum in your trading instrument. It’s bounded by the numbers 0 and 100 and will oscillate between those two areas. It will show you the relationship of the closing price to the... Read moreread more

Complete Shooting Star Candlestick Pattern Trading Guide

What is a shooting star candlestick pattern? The shooting star candlestick is a bearish reversal one candle pattern that is relevant during an up direction in price. You can find this pattern on every time frame (easier to see on a candlestick chart and not a bar chart) and the... Read moreread more

Trading Hammer Candlesticks

The presence of a Hammer candlestick pattern does not mean you should jump into a trade. Some traders will use the term “pin bar” but what we are talking about is still the Hammer candlestick. What matters, is context and we are going to discuss that after we learn what... Read moreread more

Trading The 3-Bar Reversal Pattern

The three-bar reversal is a bullish or bearish candlestick chart pattern that can be used as a day trading setup for all markets and time frames. The issue for traders, especially day traders, is you will see the three-bar reversal pattern all over your trading chart. It is a common... Read moreread more

Options Trade Of The Week – DIA

To take advantage of a potential move lower in the market, we are looking at buying Put Options on DIA for our Options Trade Of The Week. Buying Put Options is an aggressive trade looking for a move lower. It’s a break from the Credit Spreads that we have been... Read moreread more

Complete MACD Indicator Settings & Trading Strategy Guide

The MACD ( moving average convergence divergence ) indicator is a technical analysis tool that was designed by Gerald Appel in the late 1970s. It is used as a trend direction indicator as well as a measure of the momentum in the market.  Traders will also use it to confirm... Read moreread more

5 Tips For Successfully Day Trading Emini Futures

Last updated on November 4th, 2019 Whether you’re trading Stock Index Futures on the Chicago Mercantile Exchange such as the Russell Emini, the S&P 500 (the mini version of course), the Nasdaq or the Dow, there are some basic things you can do to heighten your chance of successfully day trading Emini... Read moreread more

Supertrend Indicator: Learn How Simple It Is To Use

Trading with the trend is something we hear a lot about and it first requires defining a trend. Using the Supertrend Indicator, you can objectively determine the state of the market which will make your trading easier. The indicator will also present buy and sell signals which can be taken... Read moreread more

Day Trading Indicators To Simplify Your Trading

Last updated on November 7th, 2019 Day trading indicators are a useful trading tool that should be used in conjunction with a well-rounded trading plan but are not and should not be the plan itself. In this trading article, I want to cover 3 best trading indicators for day trading... Read moreread more

Are You Dedicated Or Just Interested In Trading Success?

Last updated on November 4th, 2019 You need to have a high degree of persistence to perform at a high level in anything in life.  Trading included. To acquire the experience and ability to trade well and to maintain a consistent level of performance, is a tough task for many... Read moreread more

Trading With The ADX Indicator

The average directional index, ADX for short, is a technical indicator that measures the strength of a trend. Given that most instruments spend more time in a consolidated environment, it is helpful to know if your market of choice has any life to it. There is nothing more frustrating that... Read moreread more

Call Spread – Pinterest

Last updated on November 4th, 2019 We are finally starting to see market selling this week for the first time in a number of months. We have been talking about this move in our last few Options Trades Of the Week. With the selling starting to pickup, it will begin... Read moreread more

Just Execute When The Time Is Right

You may be an expert in technical analysis and are able to read the market movements. You have a good eye in seeing who holds the balance of power on the chart and your trading plan takes advantage of that skill Traders can look at a chart and see, according... Read moreread more

Kagi Charts – How to Trade these Squiggly Lines | Netpicks

kagi charting

Kagi charts were developed in the 1870’s in Japan, and many of us in the US first learned about them from Steve Nison in his book Beyond Candlesticks. When we started using Range and Renko Charts with our systems here at NetPicks a while back, we got a lot of... Read moreread more

4 Terrific Questions to Ask When Price Is at Important Chart Levels

E-mini S&P 500 Simple Levels

Last updated on November 4th, 2019 If you’ve ever seen the movie “Trading Places”, you’ve seen how crazy it can be trading in the pits.  A lot of yelling, screaming, and hand gestures with everyone trying to get the price they’ve been waiting for. The modern trader of today uses... Read moreread more

Options Trade Of The Week – NFLX

Last updated on November 4th, 2019 Are the big swings in this market this week causing doubt as to what trades you should be placing? I have heard from numerous traders just over the last few days that are frustrated with the big volatility that seems to come out of... Read moreread more