Published in August 3rd, 2010
BarroMetrics Views: A Blogger’s Paradise
I started this blog to help readers of Nature of Trends (NOT) understand my ideas and to gain greater insight on how I applied the concept. Of course, my objective has expanded over time. Nevertheless, my original aim is still the main one.
Now, I don’t always find it easy to write […]
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Published in July 26th, 2010
BarroMetrics Views: The Tubbs Model
In the 1920’s Frank Tubbs wrote his much respected Tubbs’ Stock Market Correspondence Lessons. His model of price action remains as valid today as when he wrote it. Figure 1 shows the model. When trading, I start an analysis by asking:
What is the trend of the trader’s timeframe?
Is it likely to […]
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Published in July 21st, 2010
Woody Allen once said a stockbroker is someone who invests your money until it is all gone. We are conditioned to think an investment is safe and sensible but it is often not the case. The wise man is an investor who shuns wild speculation and abhors foolish gambling.
What about a trader? […]
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Published in July 13th, 2010
BarroMetrics Views: How to Draw Angles of Ascent
Peter said: ” I follow the principle but can’t figure out how you calculate the angle measurements - can you possibly elaborate how you calculate them.”
Pete, thank you for your question.
At first brush, the answer seems simple enough. The 12:00 is straight up, so 12:15 would be 90%. […]
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Published in July 9th, 2010
BarroMetrics Views: Angles of Ascent
In this Blog, I review ‘angles of ascent’ as a tool for measuring momentum.
As a general rule, I seek to avoid indicators in my trading. So, I don’t use momentum indicators like RSI, MACD etc. Instead to assess momentum, I prefer to use ‘angles of ascent’ as shown by the Linear […]
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Published in May 28th, 2010
BarroMetrics Views: Ebb & Flow Management II
Last night in the S&P provided an great example of what I was referring to in my previous blog.
I was looking for the S&P to hit a minimum target at 1037 to 1019 with a preferred target at 1019 to 1025. This meant that as far as Maximum Extension […]
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Published in May 24th, 2010
BarroMetrics Views: Identifying Pauses
One of the stronger features of the Barros Swing approach is its ability to identify short-term complex correction boundaries. To do this, we need to be aware of three tools:
The 1-period swing
The idea that a retracement of a sideways market needs to be at least 78.6% of the boundaries of congestion and
That […]
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Published in April 20th, 2010
BarroMetrics Views: Change in Methodology (II)
Our trading methodology needs to fit our personality. That being the case, my search for a new approach meant that I would need need to look for an answer among indicators and moving averages. My personality looks for ‘price structure alone’ rather than ‘price structure as moderated by some indicator’.
I […]
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Published in April 19th, 2010
BarroMetrics Views: Change in Methodology
Two readers have raised important questions about the change in methodology and timeframe.
The questions will take up a couple of blogs.
I’ll take Joe’s question because that will also answer Peter’s. Joe asks: “I assume that you are now trading with much shorter time frames with more frequent entries and exit( hence […]
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Published in April 9th, 2010
BarroMetrics Views: The Education of a Trader (4)
And now we come to the trading plan. This is what most focus on; yet for me while a robust plan is essential, the focus is over-the-top. If you have never made money, then looking for the best-wham-bam plan probably is a waste of time. It would be […]
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