Doji bars are one of the single most useful single bar patterns that any trader can identify. They can be used for entries, exits, or to determine position bias. “Doji” is a term used by Japanese candlestick chartists that refer to a bar where the open and close of a bar are in close approximation to each other.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. August Natural Gas Buying off of what I believe to be strong support under a trading channel. Consider buying off of strong support using a buy stop order to confirm continued price action to the upside. Objective would be a re-test of… Read more.
In my opinion, George Douglas Taylor was one of the greatest trading thinkers, and luckily he left behind one book on trading: The Taylor Trading Technique. This book lays out his “Taylor Book Method” for swing trading in futures.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. August Crude Oil Buying on a technical break of the recent down trend-line Consider buying on a slight pullback. Support was found at the 90.00-92.00 price level. As we potentially begin to move back to the upside, look for an opportunity to… Read more.
This is a sample entry from Brian Cullen’s email newsletter, The Cullen Outlook. August Gold Selling on a technical break below a significant trend line. Consider selling a break with a 1510.0 stop order to sell. Risk would be a retracement back above the trend line at 1530.0 With an objective of 1450.0 Trading the… Read more.
Over the weekend I got an email from a trader who follows the Taylor Trading Technique as he learned from Linda Raschke. Linda’s version of the Taylor Trading Technique is the basis of my Swing Trader’s Insight futures advisory service.
A five-tool baseball player is said to be a potential All-Star when he has a well-rounded offensive and defensive skill set. The ability to hit for power and average, run, throw, and field gives him the opportunity to excel in every facet of the game.
When it comes to trading wheat futures, it is paramount to know the types of wheat is out there and where to trade each variation. As the summer begins to arrive along the southwestern plains, news continues to come out about the drought and hot temperatures there creating a poor quality crop. The speculator in us all tells us to buy wheat as the supply coming online will be small and poor in quality.
This post is part of Craig Turner’s Innovative Trading Concepts series. I’ve been hearing a lot lately that a weak US Dollar is good for America. The theory is a weak US Dollar will increase US exports. The American currency will be less valuable against foreign currencies, making US goods and services cheaper for foreign… Read more.
Of all the precious metals, Gold is the most popular as an investment and to trade. The value of gold is one of the most widely debated topics in the commodity and futures markets. Before you trade or invest in gold, there are a few things you should consider and recognize concerning the value of gold.