Candlestick Q&A

The other day Ken left a comment with some good questions about Japanese candlesticks. I thought I should answer them in a new post in case others had similar questions. Here’s Ken’s comment: I notice there are some black candles on your charts. Why are they in black? On the WIRE chart, why do you [...]

Swing Trade Setups & Scans

I often get asked about how I find swing trade candidates. Hopefully this post will answer those questions. As I’ve written before, most of the stocks I track initially came up on one of my candlestick pattern scans. (Please feel free to search the archives and/or use the subject index) My process is no different [...]

Why I Despise Gaps

This is in response to a comment that Jon left the other day about how I deal with gaps (sorry for the delay Jon). The title is meant to be a joke. I didn’t think I despised gaps but Jon’s question really made me think about why I feel how I do about gaps. After [...]

My Trading Objectives

I was asked the following via an email: I was just curious if you could share with us your trading objectives. Do you just let your winners run and protect your losses or do you consistently make small gains? I basically try to perform a balancing act between several trading rules/axioms. I’ve listed four axioms [...]

Focus on Exits

Here’s a comment that Justin left yesterday: I read many charts these days and have some sense about enter a trade . For example, when 50 ema cross 200 ema and use kd as enter signal. It’s not bad for entry. After i coded my though and do back testing on tradestion. The result is [...]