Article Archive For
APR2001
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Analyzing Trends In Momentum by Martin J. Pring
ARTICLE SYNOPSIS ...Quo Vadis?
Analyzing Trends
In Momentum
Momentum pure and simple is fine, but how
about the trend of momentum? Here's what
it can tell you.
by Martin J. Pring
Momentum is a generic
term that applies to all
oscillators, and the
principles of momentum
interpretation can in
general be applied to all
oscillators in one way or
another. These interpretations are
susceptible to overbought/oversold
conditions, divergences, and so forth.
However, there is an even more useful
interpretive technique that can be applied to
momentum, and that is to analyze the actual
trend of the oscillator.
First, it i...
AUTHOR: Martin J. PringDATE: APR2001SUBJECT: Trading Techniques
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High-Probability Point And Figure by Joe Demkovich
ARTICLE SYNOPSIS ...The Basics And Tactics Of A Western Classic
High-Probability
Point And Figure
If you want buy and sell signals from a charting system, point
and figure charting may be for you.
by Joe Demkovich
When you purchase stock in a company,
you must make two decisions. The first:
Which stock should I buy? (That's
fundamental analysis.) The second:
When should I buy it? (That's technical
analysis.) The fundamental analyst is
concerned with financial statements,
company history, management, earnings, dividends, industry
position, and product popularity. The technical analyst is
concerned with supply an...
AUTHOR: Joe DemkovichDATE: APR2001SUBJECT: Classic Techniques
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Interview: Victor B. Niederhoffer by John Sweeney
ARTICLE SYNOPSIS ...Music of the Markets - Victor B. Niederhoffer
Trader, speculator, author, and more. The name may be
familiar, but there's more to the man than just finance. Victor
Niederhoffer has served as advisor to, and investor for,
famed investor George Soros and as mentor to Monroe Trout
and other financial wizards. More: Niederhoffer is also a
five-time US national squash champion. More: Among his
publication credits are articles in Liberty and The Wall
Street Journal, a cover story in National Review exposing
Hillary Clinton's cattle trading as a façade, and his book,
The Education Of A Speculator.
...
AUTHOR: John SweeneyDATE: APR2001SUBJECT: Interview
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Letters To S&C
ARTICLE SYNOPSIS ...PRAISE FOR EHLERS
Editor,
I have subscribed to
STOCKS &
COMMODITIES for
several years. It is no
exaggeration to say I
learn new and useful
things from every
issue. Many of the things I've learned
are included in the consistently
profitable trading method I have
coalesced.
I first learned about the work of John
Ehlers from his articles in S&C. Over
the past year or so, I have studied and
experimented with the various modifications
and applications of the Hilbert
transform/dominant cycle period as put
forth by Ehlers. I have become as big a
fan of him as I am of S&C.
...continuded...
AUTHOR: Technical Analysis, Inc.DATE: APR2001SUBJECT: Letters To S&C
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Nonlinear Ehlers Filters by John F. Ehlers
ARTICLE SYNOPSIS ...What If Linear Filters Won't Work For Your Tradable?
Nonlinear Ehlers Filters
Linear filters like moving averages
are great for slow, "stationary" data.
Unfortunately, prices aren't slow or
stationary.
By John Ehlers
The most common filters
that traders use are
moving averages --
either simple moving
averages (SMA) or
exponential moving
averages (EMA). These
are linear filters. Linear filters are
best for smoothing stationary, slowly
varying signals that are corrupted
with high-frequency noise. In this
instance, "stationary" means that the
rules that dictate the underlying
process do not cha...
AUTHOR: John F. EhlersDATE: APR2001SUBJECT: Trading Techniques
Opening Position by John Sweeney
AUTHOR: John SweeneyDATE: APR2001SUBJECT: Opening Position
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Q&A by Don Bright
ARTICLE SYNOPSIS ...NEW TO OPTIONS
I am new to options, although I have
been trading stocks for several years.
Does the technical analysis I use in
stocks also apply to options? Do I need
to change anything (such as the
parameters of MACDÝ, RSIÝ, and DMIÝ)
to adapt to the options market? Do you
know of any website that provides charts
of options?
-- Richard Wilson, via e-mail
Trading options is a completely
different animal. My brother Bob and I
spent more than a decade on various option
exchanges (CBOE, PSE, CME), and we
were around during the glory years. I say
"glory years" because we were able to
gain a trem...
AUTHOR: Don BrightDATE: APR2001SUBJECT: Q&A
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Retail Trading Myths by Don Bright
ARTICLE SYNOPSIS ...REAL WORLD
Read This To Avoid Unpleasant Surprises
Retail Trading Myths
by Don Bright
Besides being licensed, you have other hurdles
and benefits to be aware of in trading with
other people's money as well as your own.
Last time, I outlined some of
the primary differences
between professional stock
trading and retail stock
trading. This time, let's
explore some of the myths
behind retail/online trading.
Let me clarify a few
things. In general, trading for a living
involves 25 to 200 trades per day, and a
daily share volume of around 60,000 and up.
In contrast, retail investing is when you
m...
AUTHOR: Don BrightDATE: APR2001SUBJECT: Real World
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The Butterfly Setup by Rudy Teseo
ARTICLE SYNOPSIS ...Pinpoint This Pattern
The Butterfly
Setup
There's more than one way to use harmonic
patterns to find likely buy/sell candidates.
by Rudy Teseo
If you've looked for Gartley patterns
while scrolling through your charts,
it's more than likely that you've
discovered some patterns that resemble
the Gartley but slant downward rather
than upward, the way that the Gartley
setup does. This pattern -- sort of
Gartley, sort of not -- is known as the butterfly. Like the
Gartley, it comes in two forms, bullish and bearish.
The bullish butterfly is similar to the Gartley. However,
although the same ratios ...
AUTHOR: Rudy TeseoDATE: APR2001SUBJECT: Trading Techniques
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Traders' Resource: Courses And Seminars
ARTICLE SYNOPSIS ...Courses And Seminars
They say that the more you learn, the
more you know you need to learn. This
is true in trading. If you're not fully
prepared when you go to trade, you
could be the one that the smart money
profits from.
Education is crucial in trading. If you
don't step up to the line with the right tools and know-how to trade the markets, you might as well
be gambling -- with the odds on the house's side. But help is available, in the way of courses, seminars, classes, manuals,
books, tutorials, even mentors.
Readers often ask us how they can further their knowledge
and skills in trading ...
AUTHOR: Technical Analysis, Inc.DATE: APR2001SUBJECT: Courses And Seminary
AUTHOR: Technical Analysis, Inc.DATE: APR2001SUBJECT: Traders' Tips