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Practical Teaching Derived from over 60 Years of Trading Experience and over 30 Years of Mentoring .  Click here to learn about private mentoring with Master Trader Joe Ross.

Feb
26

Finding Great Investments

I don't write much about investment. I'm a trader. But I did come across something I am happy to share. I'm a long-time subscriber to the Stansberry Alliance, and this comes from an email article. The 10 Ways to Find Your Next Great Investment Opportunity Finding great investment ideas is hard work. They don't just drop from the sky and say, "Here I am!" You have to uncover them. Today, I'd like t...
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174 Hits
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Feb
17

Technical Analysis….

Technical analysis is a trading discipline employed to evaluate investments and identify trading opportunities by analyzing statistical trends gathered from trading activity, such as price movement and volume. Unlike fundamental analysts, who attempt to evaluate a security's intrinsic value, technical analysts focus on patterns of price movements, trading signals and various other analytical chart...
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206 Hits
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Feb
12

Swing Trading

When I began trading, no one had ever heard of such a thing as "swing trading." Swing trading, as I recall, began when more and more people had the ability to day trade from a PC. In this issue of Chart Scan, I'm going to provide you with some swing trading help that you need when just starting out. If you follow these rules you will avoid a great majority of mistakes made by beginners. Swing Trad...
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Guest — Zefo
Good advices. This is useful. Mainly, rely on own analysis has potential build confidence over time and force man to use his own b... Read More
Saturday, 13 February 2021 08:25
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Feb
05

Develop a ‘feel’ for what is happening

Hey Joe! How can I get a feel for what's happening in the market? One of the things that has helped me was beginning to use tick charts for my day trading. In a past issue of Chart Scan, I explained that there are two kinds of volume: Contract Volume and Tick Volume. Almost everyone is familiar with contract volume. It's usually shown as a histogram at the bottom of a price chart. For a given time...
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Recent Comments
Guest — Corrado Bortolotti
Good morning and happy week end! the February 5th issue of Chart Scan was a very interesting one... where can I get more info abou... Read More
Saturday, 06 February 2021 04:33
Guest — Joe Ross
Corrado, I wish I could give you a more definitive answer, but all I have ever done is to look at the tick volume on my chart whil... Read More
Saturday, 06 February 2021 10:28
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Jan
28

Dirty Tricks

Hey Joe! You've said that prices are not always moved by supply and demand; That they are heavily manipulated in some cases. We know that they intentionally run the stops, but what else do they do? Besides intentional stop running, those who have the power to move prices often resort to other dirty tricks. This may be more-true of stocks and Forex than of futures, but I believe all of the tricks b...
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412 Hits
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Jan
20

Gold / Silver Ratio

Hey Joe! Have you ever traded the Gold/Silver Ratio? How do you go about doing it? I think I traded the ratio a couple of times. It's not something I pay a lot of attention to. Here's some background about this ratio: According to a Mocatta Metals Corporation article, as of April 1980, when the price ratio of one ounce of gold to one ounce of sliver approaches 40:1 gold should be sold and silver b...
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275 Hits
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Jan
14

Pyramid

During the years I've been in the markets, I have been trained by two super-disciplinarians. One was my great uncle, Julius, and the other was John Wooden. Both emphasized extreme discipline and both told me to be all I can be, which for me was not a great outlook. Having been dyslexic all my life, I grew up with an inferiority complex. My dyslexia was very much present in the area of numbers and ...
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376 Hits
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Jan
07

Stock Options vs Futures Options

Hi Joe, I've attended some time ago the IIG webinar and it opens my eyes to the advantages of selling options. But I've found a lot of webpages on the internet where are listed the many benefits of selling Commodity options instead of Stock options (higher return, lower margin requirements, more liquidity, more premium far OTM..) In the IIG webpage on your website is written: "In 2007, we began to...
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319 Hits
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Dec
30

Inverted Yield Curve

Lately, we've been hearing a lot about an Inverted Yield Curve. What is it, and what does it mean? Yield curve inversion signals late phases of bull market rally. The market's "melt-up" phase is coming. Some of the best gains lie ahead. Canaccord Genuity's Tony Dwyer is known for being incredibly prescient regarding his market calls. As a result, many Wall Street asset managers listen to whatever ...
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427 Hits
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Dec
15

Insider Buying and Selling

If you are unfamiliar with the term, insider buying refers to when insiders of a company - such as CEOs or directors - purchase shares of company stock on the public market or via private placement. Sometimes, the purchase may be the result of a stock option exercise, but often they are public market transactions. Insider buying typically means that the insider is bullish on the company's stock; t...
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Guest — J
Merry Christmas
Wednesday, 23 December 2020 01:46
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Dec
11

Options and VIX as Sentiment Indicators

I never knew so much about the VIX until I looked it up and began investigating its value. There are many popular and simple ways that options are used to gauge the sentiment of investors. They are used as contrary indicators. When at extreme levels, VIX calls Market Bottoms. VIX is extremely reliable. The CBOE (Chicago Board Options Exchange) Volatility Index – aka "the VIX" This indicator, known...
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347 Hits
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Dec
03

Oscillators

Oscillators tend to be somewhat misunderstood in the trading industry, despite their close association with the all-important concept of momentum. At its most fundamental level, momentum is actually a means of assessing the relative levels of greed or fear in the market at a given point in time. Markets ebb and flow, surge and retreat—the speed of such movement is measured by oscillators. An oscil...
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383 Hits
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Nov
26

Short-Term Pullbacks

Short-term Pullbacks provide opportunities to enter trades in the direction of the longer-term trend. Trade set-ups like these occur against short-term momentum (the pullback) but are in alignment with the longer-term trend and typically offer high probability and low risk trade ideas with a 2:1 (or better) reward-to-risk ratio. A great way to trade short-term pullbacks is to use a moving average....
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392 Hits
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Nov
19

Swing Trading vs Day Trading

Swing Traders tend to spend longer monitoring markets and considering trading opportunities than day traders. Swing traders utilize chart, fundamental, and technical analysis in their considerations. Since swing trading does not require hours of daily monitoring, it's a good strategy for traders who wish to explore trading without treating it as a full-time job. Of course, intraday charts also inv...
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406 Hits
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Nov
12

Swing Low

Swing Low is a term used in technical analysis that refers to the troughs reached by a security's price or an indicator. A swing low is created when a low is lower than any other surrounding prices. Successively lower swing lows indicate that the underlying security is in a downtrend, while higher lows signal an uptrend. A swing low's opposite counterpart is a swing high. Swing low can be effectiv...
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443 Hits
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Nov
05

Double Bottom

A Double Bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, a drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W". The twice-touched low is considered a support level. \/\/ D...
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471 Hits
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Oct
29

Cup and Handle

The cup and handle is a great trading pattern that works well with different time frames and with most markets like stocks, futures, commodities and foreign currency markets. Here's what it means, how to trade it, and tips to use it for potentially bigger profits. The Cup and Handle pattern is a bullish continuation pattern that begins with a consolidation period followed by a breakout. The patter...
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400 Hits
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Oct
22

Relative Strength Index

The Relative Strength Index (RSI) is a momentum indicator that measures the magnitude of recent price changes to analyze overbought or oversold conditions. It is primarily used to attempt to identify overbought or oversold conditions in the trading of an asset. Traditional interpretation and usage of the RSI is that RSI values of 70 or above indicate that a security is becoming overbought or overv...
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463 Hits
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Oct
14

The Squeeze

The Squeeze is the central concept of Bollinger Bands. When the bands come close together, constricting the moving average, it is called a squeeze. A squeeze signals a period of low volatility and is considered by traders to be a potential sign of future increased volatility and possible trading opportunities. Conversely, the wider apart the bands move, the more likely the chance of a decrease in ...
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494 Hits
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Oct
08

Trade the Trend

Trend Trading is a trading strategy that attempts to capture gains through an analysis of the momentum of prices in a particular direction. Trend traders enter into a long position when a security is trending upward (e.g. successively higher highs) and/or enter a short position when a security is trending lower (e.g. successively lower highs). Higher highs and lower lows is about as basic a defini...
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Derivative transactions, including futures, are complex and carry a high degree of risk. They are intended for sophisticated investors and are not suitable for everyone. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results, and all of which can adversely affect actual trading results. For more information, see the Risk Disclosure Statement for Futures and Options.