Being Open to Market Information

Published in October 16th, 2009

BarroMetrics Views: Being Open to Market Information
One of the greatest dangers to trading success is myopia: having a fixed mindset of what the market is going to do.
Take a look at Figure 1.

FIGURE 1 GPBUSD 18-day Swing
We see that:

We have an 18-d Whole Point Count (9 consecutive days at below ‘B”). And,
We have a confirmed […]

Why Traders Fail

Published in October 14th, 2009

Posted by ray in Miscellaneous

1 Comment

BarroMetrics Views: Why Traders Fail
I make no secret that one of my passions is to leave a legacy. Few have heard of Bernard Baruch - in my view, one of the best traders of any era; many more have heard of W D Gann - not because he was a better trader but because Gann […]

At the Crossroads?

Published in October 13th, 2009

Posted by ray in Market Commentaries

1 Comment

BarroMetrics Views: At the Crossroads?
In the weekend video, I made the point that the markets may be at a crossroad: many of the inter-market relationships appeared to be breaking down. In the past two or so years, the US$ has been inversely correlated to the US stock market and commodities.
Prior to last week, we could […]

The Pivot Point Formula

Published in October 12th, 2009

Posted by ray in Written Plan

3 Comments

BarroMetrics Views: The Pivot Point Formula
The Pivot Point Formula arose in the days when Pit Trading was in full swing and computers were still to be invented. The locals used it to provide some idea of resistance and support for the next day’s trading.
Many think there is only formula, the Classic (using the range of […]

Linear Regression Bands II

Published in October 9th, 2009

Posted by ray in Written Plan

No Comments

BarroMetrics Views: Linear Regression Bands
In yesterday’s blog, I introduced the subject. In this blog, I’ll show how I draw the bands, and show its use in the recent S&P price action.

FIGURE 1 S&P
Figure 1 shows the March 2009 low. I have overlaid two Linear Regression Bands: one marking the 18-day swing price action (red) and […]

Linear Regression Bands

Published in October 8th, 2009

Posted by ray in Written Plan

No Comments

BarroMetrics Views: Linear Regression Bands
Firstly, Ana, thank you for taking over the past two days; I really appreciate your efforts.
Secondly, my apologies to those whose e-mails I have yet to reply to; rest assured I shall be attending to replies and should answer all by the weekend.
I have received a ton of mail following this […]

K I S S is the way forward

Published in October 7th, 2009

Posted by ray in Psychology

5 Comments

I have offered to do another blog today for our mentor , and in view of the forthcoming intensive course of Habits of Success , I feel a topic on keeping it simple is timely.
KEEP IT SIMPLE, STUDENT (STUPID, is the saying). KISS, the acronym, is what traders should aim at, whether a novice or […]

The K-Wave

Published in October 6th, 2009

Posted by ray in Market Commentaries

6 Comments

I am moderator for today whenever called upon.
Last night, I received a question on Facebook: ‘What will happen in 2012?’
My simple answer: ‘I wish I have a crystal ball, Maria….we have to monitor and take one step at a time as the market will do what it will do’.
So, I find it timely to look […]

Bloomberg Asia Confidential: Ray with Bernie Lo today

Published in October 5th, 2009

Posted by ray in Market Commentaries

1 Comment

Sharing with you Asia Confidential with Bernie Lo and Ray today:
Barros Says Crude Oil May Rise to $90 by November: Video Oct. 5 …
http://awanginvest.com/2009/10/05/bloomberg-asia-confidential-ray-with-bernie-lo-today/Click on Video
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a933ViVZm7OM

ANA aka IDkit
Ag Moderator
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