Article Archive For
Patrick Cifaldi, C.M.T.
The Importance of Stop Orders by Patrick Cifaldi, C.M.T.
ARTICLE SYNOPSIS ...The Importance of Stop Orders by Patrick Cifaldi, C.M.T.
Some traders view stop orders as an affront to their analytical skills, but they shouldn't. Here are some simple guidelines on using stop orders and saving yourself some painful and costly lessons.
Stop orders are a necessary part of trading. Stop orders have price trigger points that modify them from
resting orders to be filled at the market if the trigger price is traded at or through during market hours.
Stop orders are used to initiate trades, lock in profits and limit losses on existing trades. Of these,
sell-stop orders are plac...
AUTHOR: Patrick Cifaldi, C.M.T.DATE: OCT 1993
The Financial Volume Index Expanded For The l990s by Patrick Cifaldi, C.M.T.
ARTICLE SYNOPSIS ...The Financial Volume Index Expanded For The
l990s
by Patrick Cifaldi, C.M.T.
The financial volume index, which was first introduced by Patrick Cifaldi in the pages of STOCKS &
COMMODITIES in 1989, takes on and uses the study of volume, surprisingly underutilized in technical
analysis. The index combines futures contracts, the Dow Jones Utility Index and the Dow 20 Bond Index,
and here, Cifaldi examines its uses for the current decade.
In the study of technical analysis, price data are the information most often used in research. Often
underplayed is the study of volume, either by itself or i...
AUTHOR: Patrick Cifaldi, C.M.T.DATE: JUN 1992
Financial Volume Index And Volume Analysis by Patrick Cifaldi, C.M.T.
ARTICLE SYNOPSIS ...Financial Volume Index And Volume Analysis
by Patrick Cifaldi, C.M.T.
In technical analysis, the study of volume is one of the most overlooked and underrated disciplines. In
the general study of the supply and demand of markets, only two pieces of data are recordable: One is
price data, while the other is volume data. Open interest is regarded by some as a third, but in many ways
it is really a record of the outstanding potential volume. But most articles and research written and
performed relates only to price analysis. Such an oversight is not unlike designing a great
automobile--without eng...
AUTHOR: Patrick Cifaldi, C.M.T.DATE: APR 1991
Financial Volume Index by Patrick Cifaldi
ARTICLE SYNOPSIS ...Financial Volume Index
by Patrick Cifaldi
In 1979, the analysis of trading volume was done mainly by hand. Joseph Granville was the foremost
researcher and his books and friendship gave me the tools to start my work. The basic work was tedious
and long, and left little time for experimentation. With the advent of personal computers, I finally had the
time to research volume.
The foundation of volume analysis is that changes in the trend of volume precede changes in the trend in
price. One analogy is that if volume is the tides of the sea, and price is a sailing ship, the ship must wait
for t...
AUTHOR: Patrick Cifaldi, C.M.T.DATE: AUG 1989