My Favorite Reversal Indicator - The Moving Average Cross

After decades of trading, most all major markets, I've learned that the key to trading success, in any type of market environment, starts with market direction.

In this video, I'll show you a how to use the moving average indicator for trading market reversals and it works across all markets.

A Simple Low-Risk, High Probability Options Strategy

One of the simplest but most effective entry timing indicators are the Keltner Channels which can quickly and easily be downloaded from investing websites such as www.StockCharts.com. Steps for down loading the Keltner Channels follow.

Price Action Strategies

It's always amazing to learn about the habits of successful traders. From the thousands of traders that I've coached over the years, some of these common habits are risk-avoidance, sound money management and the ability to keep emotions in check. But more importantly than having these habits is having the discipline to apply them consistently.

I've found that there are many traders who would be considered mediocre for their stock picking skills but have been highly successful because they consistently apply good trade management principles. Conversely, the market is littered with traders who were very good at picking stocks but were not good at consistently applying good trade management skills.

Three Key Indicators for Trading Credit Spreads

There is something valuable in watching a chart develop over time.

It’s interesting to note how much value early stock traders reported receiving from manually plotting a chart with pencil and paper back before computers became commonplace.

These traders swore that because of the painstaking method of tracking a stock by hand they got to know its movement intimately. It’s like getting to know the personality of the stock—the moods and patterns of what the stock is doing—-and likely to do next.

How to Trade Candlestick Patterns and Volatility

Volatility! Bad? Most investment advisors steer investors away from volatile stocks or any volatile trading entity. But for the candlestick investor, volatility is extremely profitable. Candlestick signals are based upon a very simple premise. The signals are formed based upon the change of investor sentiment. This allows for accurate evaluations of price movements whether a trading entity is slow or steady as well as volatile price action. When you hear a money manager tell you that you cannot time the markets, get away as soon as possible. That money manager does not know how to time the markets.

A Simple Strategy to Trade Pullbacks

In this instructional video, I am going to share with you Strategy #1 - one of my favorite trading strategies for trading pullbacks.

You will learn exactly how to identify buy and sell signals, where to set your stops and where to exit the trade.

How to Trade Butterflies to Beat Any Market

Butterflies provide a low risk high reward trading opportunity. Markets direction can go through months, and even years of higher than usual uncertainty. Technical analysis may be painting one picture, while the economic or political environment is painting another. This can be both stressful and costly. The Butterfly strategy offers a solution to this dilemma that all traders face on a regular basis. 

Knoxville Divergence: My Favorite Indicator

I'm going to tell you a story about Knoxville Divergence, my favorite indicator. So, about four years ago, I was doing a cross-country trip and arrived in Knoxville, Tennessee. I was enjoying some coffee in the Old City Java shop and working on building an indicator.