Published in July 31st, 2009
BarroMetrics Views: Execute Your Plan!
Advances in neurology have suggested that the trading paradigms of old need to be revised. One of these is the admonition that traders need to execute their plans.
There are two telling points:
The first is one I have raised in a number of previous blogs: the fact that humans are hard-wired to […]
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Published in July 30th, 2009
BarroMetrics Views: The Bubble that is China
Which economic theory has a solution to this crisis?
We have two main schools in play at the moment: Neo-Keynesian and the Friedmanites (monetarists). They both believe we can spend our way out of this recession/depression. The former says we’ll solve the problem by spending our way out of it; […]
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Published in July 29th, 2009
BarroMetrics Views: The Wide Range Breakout Day
In today’s blog, I’d like to draw some conclusions from the various strands of the past two blogs. But before I do that, let me say that the approach I advocate is for the more experienced traders; novice traders are better off ’seeing a pattern, executing the pattern’.
What distinguishes […]
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Published in July 28th, 2009
BarroMetrics Views: The Wide Range Breakout Day
The assumption behind a Wide Range Breakout Day (WRB) is this: current bullish conditions are so strong that we don’t see the normal retest after a breakout.
In yesterday’s blog, The Wide Range Breakout Day, we saw that the breakout bar on Thursday met the definition of a WRB; but […]
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Published in July 27th, 2009
Barrometrics Views: The Wide Range Breakout Day
On Thursday, on the S&P (basis cash), we saw a day with a 26 point range and a Normalised Volume Reading of 5,107,846,144. Since May 8 (Left Shoulder of aborted H&S), the daily range has been 16 points with standard deviation of 6 points and Normalised Mean Volume of […]
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Published in July 27th, 2009
I’d like to extend public thanks to:
Ana Wang for keeping the blog going last week. Ana you have always stepped up when I have asked. Thank you for a great job.
My friends, especially Tom Curley for the timely e-mails. Thanks, guys for your help.
My students, especially Chew for that consideration. I greatly appreciate it.
To all […]
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Published in July 26th, 2009
I’ll be holding a 90-minute mini version of the 4-day event (scheduled for August 29 & 30; September 5 & 6):
On August 2 at 7:00 am EST (7:00 PM Singapore time, 9:00 PM Sydney time) and
On August 9 at 9:00 am EST (9:00 PM Singapore time, 11: PM)
The content on the two days will be […]
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Published in July 24th, 2009
As I have an AGM paper to prepare for tomorrow, I shall just share here with you what will help not just newbies but also will act as a reminder to all traders to track their progress.
This is some piece of advice from Jim Wyckoff, writen in 2008 but still applicable today.
10 Key Questions on […]
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Published in July 23rd, 2009
Robot, Robot , Shoot to Kill!
One has to be circumspect when coming across ads or unsolicited emails as they have a way of worming into our desktops.
In May this year, Ray Barros gave his rant on marketing hypes that bombard us intermittently. In his blog, Ray has this to say - ”I thought I have seen […]
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Published in July 21st, 2009
BarroMetrics Views: A Reply to Amit J Gupta
I received the comment below from Amit J Gupta that I felt needed my reply.
Here’s the comment:
“If non-serious/part-time traders are removed from the market, simply because, as per Dr. Dorn, the ramifications of their lust for fast money could be permanently damaging, who are serious traders going to […]
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