Category Archives: Technical Analysis

$EUR/USD: Backtest Notes, 20 d 1h (8/27)

CONCLUSION:  At ST market tops and bottoms, DMI diverges on average 24.45, signalling that the market can no longer sustain the slope of the trend. A total of 10 flashes, with a low of 14 and a high of 35 … Continue reading

Posted in Backtest, Recommendations, Technical Analysis, Trading Plan | 10 Comments

#Silver Technical Analysis (8/23)

Expect continuation of uptrend once the correction is complete. Silver did bounced off prior support levels, also an area of confluence (see 1-hr chart comments below). That prior support level rests just above the 180-day EMA. The white metal finished … Continue reading

Posted in Recommendations, Technical Analysis, Trading Plan | 22 Comments

Technical analysis: waiting vs. expecting/forecasting (4-hour chart 1-minute bar)

Traders can forecast market movements using technical analysis. One should have an mindset of expecting patterns and conditions to develop instead of outright waiting. That is, one should use indicators and patterns to anticipate the next few minutes. For instance, … Continue reading

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There Are Indicators and there are Prices, But They Are Really The Same Thing

Treat indicators e.g. momentum as prices. You can draw trend-lines and channels on the indicator. Or pull Fibonacci levels on it. You can also spot reversal patterns on it. For example, on the Sept Corn chart below a head and shoulder pattern … Continue reading

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Market Tops Series (Part 1): 8 Dollar Corn

While no two moments are exactly the same here are highlights of general market tops characteristics specifically for corn: 1) Later stage bases are more likely to fail and corn failed to form a 3rd base. 2) Fear is stronger … Continue reading

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Chart: $LE_F (Cattle) Looking To Move Off Its Base

Cattle Front Month: One-Year Chart. Cattle has been basing for over a month now after parachuting to lows. I use the one-month chart to identify major moves. Changing conditions in the fundamentals could drive Cattle prices above 23/30 EMA. RSI indicator: … Continue reading

Posted in Agriculture, Recommendations, Technical Analysis, Trading Plan | 2 Comments

Chart: Coffee (Arabica) Bullish Setup

Coffee (Arabica) looking to peek above the 23 and 30 EMA. Watch for confirmation by volume, otherwise, we might as well ignore price levels, too. Then, watching is just cherry picking for whatever confirms our bias. RSI indicator: neither overbought … Continue reading

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