You can understand how people are confused. Too many misinformation spread by “experts”. Consider who supposedly also chimed in with Geithner on “computer glitch”. I really don’t know. I don’t watch Cramer. He is as he agreed with Comedy Central, a snake oil sales man. Who is more believable? A more level headed and…
Tag: Trading
KEWLTECH: Issue 025 – Occam's Razor
Occam’s Razor “Entities should not be multiplied unnecessarily.” A more popular expression of Occam’s Razor: “If you have two equally likely solutions to a problem, pick the simplest” There are many ways to invest in the market. There are many ways to read a chart. There are many ways to profit from the market. Many…
KEWLTECH: Issue 024 – The Way Things Are
MM’s, Institutions and Retail By now you know how I hate funnymentalist with their news and conspiracies. It is a real sad disease a trader gets by not wanting to truly learn. Instead they rely on drama and romantic notions about how markets move. It is a lot easier than looking for the truth. It…
KEWLTECH: Issue 023 – Moving Averages vs Levels
Moving Averages are a great tool. I’m not going to go on and on about them. It is part of my tool belt but something I rarely use anymore. Many people can sustain a good income playing them. And I’m not knocking their value and effectiveness. Utilizing them as part of your trading system is…
KEWLTECH: Issue 022 – Metamorphosis
In the beginning, when I first looked at charts I tried to look at it with a mathematical perspective. I tried to understand the seemingly symmetrical movements of the market. I tried to have an objective look at the market but being ill equipped about technicals, I soon abandoned the notion. After engaging in some…
KEWLTECH: Issue 021 – Comparative Analysis Deux
OH!! CANADA!! CONGRATS ON THE HOCKEY GAME IT WAS EPIC!! Before Does this look like distribution to you? Now you can’t deny the accumulation from Thursday. But in larger picture, can this be distribution? This also shows some kind of distribution formation and shorter term, an accumulation. A more distinct accumulation in the short term…
KEWLTECH: Issue 020 – The Indicator
When I first looked at indicators, I honestly didn’t know why people say this is a lagging indicator and this is a leading indicator. Then there is this negative divergence and this is positive divergence. When you compare candle to candle, it is very clear to the novice, they are all lagging. And seriously, it…
KEWLTECH: Issue 019 – Comparative Analysis Part 1
As you know already, the 2 mechanisms that move the market- Accumulation and Distribution, occur in all timeframes. The lower timeframes work to achieve the higher timeframe’s agenda. It is that simple. The problem is when people disregard this relationship. This is when they don’t see the limits of an up move. Primarily the up…
KEWLTECH: Issue 018 – Chart Patterns
It is said that the chart pattern is the psychological representation of the market. Many traders successfully use chart patterns to their advantage. Some only play a particular chart pattern and make a good living out of it. But many experience traders can’t see them till after they have formed. I’m not going to talk…
KEWLTECH: Issue 017 – Momentum Part Deux
In order to understand momentum you must under stand what caused it. We’ve talked about news, and divergences. Many people trade the news. Technical traders do it too but by understanding how the market sets up, prior to the public delivery of the news. Public delivery? If you had the resources of the MM’s, what…