September 28, 2016

Breakout Indicator – Donchian Channels in Crude Oil

Breakout indicators and breakout trading plans are usually not well discussed in the trading community.  They also happen to require specific markets that behave a specific way.   A good market for a breakout trading plan is one that has a tendency to trend, without much regression, for sustained periods of time.  The periods of time in question are relative to the scale at which you are viewing the market, but the trend needs to be very easily defined.  Historically, commodity markets fit the profile for breakout strategies best.  They often have long and sustained seasonal trends, which tend to have […]
September 27, 2016

Intermarket Correlation – Nat Gas and Crude Oil

One of the hardest concepts to master as a trader is the idea of correlation in the market.   They can be easy to find, but quickly inverse and change rapidly throughout a markets cycle.  Simply put, correlations occur when the price movement of one market directly (or indirectly) causes a similar price change in another market.  Correlations can be both intermarket (between two markets of different assets) and intra-market (between two markets of the same asset class).  For the purposes of this article, we will be discussing only intermarket correlations, as they are the most commonly referred to by speculative […]
September 26, 2016

Price Oscillators as a Momentum Indicator

Momentum is one of the most misunderstood indicators in market price action.  In this video, I break down how a Price Oscillator can be used as a functional trading indicator for momentum.  We take a look at how to tie the indicator into Elliottwave structure for both confirm of the wave structure, as well as provide a reliable indication for price reversal.  There are two main uses for the Price Oscillator technical indicator which are highlighted for you to enjoy! AUD/USD  – Price Oscillators as a Momentum Indicator 9.26.2016 If you are interested in learning more about trading strategies, developing the trading plan that […]