Everything About the Island Reversal Pattern

The Island Reversal Pattern is a chart pattern that involves a gap in price, consolidation and then another gap in the opposite direction (creating an island of candles as you’ll see in the below charts). Intro In their attempt to understand the movement of prices in different financial markets, pioneers of technical analysis techniques have… Continue reading Everything About the Island Reversal Pattern

The Nickel Short Squeeze: What Happened?

The Russia and Ukraine crisis have created countless second and third-order effects in markets that it’s dizzying. Last week, we saw the nickel market come to a complete halt and shut its doors for over a week in response to a violent short squeeze. In short, Russia is the world’s third largest nickel producer and… Continue reading The Nickel Short Squeeze: What Happened?

Market Overview for Week of March 14, 2022

It was a very eventful week. We can’t possibly get to everything and still keep things brief. Keep in mind the Stalin quote – “there are decades where nothing happens; and there are weeks where decades happen.” when trading these markets.  The Russia/Ukraine war is still going strong with the Russian troops just nine miles… Continue reading Market Overview for Week of March 14, 2022

How To Have An Endless Source of Trading Ideas

If you want a TL;DR for this article, the main idea is that creating a consistent and easily repeatable process for your trading is the best way to never run out of trading ideas. Endlessly tweaking screener parameters and cycling through different software platforms doesn’t generate ideas–those are simply tools that make your process quicker… Continue reading How To Have An Endless Source of Trading Ideas

ORTEX Financial Analytics Review 2022

Value For Investors Value For Active Traders Commissions & Fees Platform & Tools Customer Service Summary ORTEX is a new financial analysis and research firm. Based in London, its digital tools can be used to scan for US and foreign investments. Several asset classes are available. Let’s check it out. Pros Tons of data on… Continue reading ORTEX Financial Analytics Review 2022

Stock Market Overview For Week of March 7, 2022

It was another week with a VIX above 30, whipsaw price action in the US indexes and relentless bullishness in crude oil. This is all of course a direct result of the uncertainty created by the volatile situation in Ukraine.  Before we move onto the situation in Ukraine, let’s take a look at what markets… Continue reading Stock Market Overview For Week of March 7, 2022

What Are Market Internals and How To Use Them

  Market internals are indexes that serve to provide additional context beyond price about how the broad stock market is performing. or example, the most popular market internal is the Advance-Decline Index, which is a measure of the net number of stocks that went up today (number of advancing stocks – number of declining stocks… Continue reading What Are Market Internals and How To Use Them