Home Blog

Day Trading Stock Market Cycles Part 2

By
Barry Burns
-
0
Day Trading Stock Market Cycles
Day trading stock market cycles, trading in most profitable times in the market, expansion-contraction cycles

Day Trading Stock Market Cycles Part 2: This video (and article) on day trading stock market cycles will teach you how to time your trades during expansion-contraction cycles, allowing you to trade in the most profitable times in the market. This will surely increase your earnings and greatly contribute to your overall trading psychology.

Was this video on Day Trading Stock Market Cycles Part 2 helpful to you? Leave a message in the COMMENTS section at the bottom of this page. 

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.


Day Trading Stock Market Cycles Part 2

Welcome my friend to part two of trading stock market cycles. Today, we’re going to talk a little bit about day trading, but a lot of what I’ll share is going to be applicable to swing trading as well, and it also applies for stocks, FOREX, futures, and commodities. But I’m willing to give you an example at the end that is specifically for day trading. By the way, if you missed part one, then you can watch this first. Part one is not necessary to watch before this part two, but go ahead and after you’re done with this, type in trading stock market cycles part one, top dog trading, into the search bar of Youtube and you find it. So last time we talked about seasonal or calendar cycles, agricultural seasons or retail seasons, travel, etc. Today, we’re talking about a very different type of cycle.

This one is volatility. So what do I mean by volatility cycles? Well, I call these trades, this family of trades, Ex-Con trades, and that stands for expansion-contraction. So volatility has to do with the range of the market within a period of time. How much does price cover with regard to the expansion of the movement of prices from highs to lows and lows to highs, and then we get into narrow range markets and that’s when we have contraction – that’s actually a cycle in the market. So you will see markets that are sometimes very volatile, and they make these big huge swings and people think ‘that’s really exciting, I want to get into that market.’ And then other times people see markets that are in very narrow range and they’ll say ‘I don’t want to get into that.’

Day trading strategies

There is some truth to that, but it is a little trickier than it is at first glance. So I want to share with you how I trade this and see if it makes sense to you since most people, in my opinion, trade this backwards. And I’ve done very well with this type of trading by the way – I’m speaking not only from experience but from success. So here’s how I see most people doing this, they will scan for high volatility markets to trade. And it kind of makes sense, right? There’s a logic to that. A lot of times, there are certain stocks or forex pairs or futures commodities that are high volatility markets, and they leave it at that as though it’s always a high volatility market, a market that’s always tending to move and make big swings.

Of course, they want to get on that to make some big profits quickly. Problem is they don’t realize that this is a cycle that pretty much every market goes through. Some markets will, let’s say there’s a particular stock that’s highly volatile, well it’s not that it’s always highly volatile, it’ll go through a period of movement and then all of a sudden it starts to slow down and contract. We’ve actually seen that in some cryptocurrencies recently where everybody gets all excited. Now, the CME and SIBO have come on board and it started to contract a bit again, so there you go. ‘You don’t want to chase the high volatility’ is one of the ways of saying this. In practical terms, one of the mistakes people do is they will use a scanner and scan for high volatility markets to trade.

Stock market cycles analysis

The problem is that by the time a scanner accumulates enough data for it to then show up and mathematically trigger as a high volatility market, then it could be very close to the time the period or that cycle ends, and the next cycle of low volatility or contraction to kick in. Then they wonder, ‘how come every time I get into these markets, they really move and go into a narrow range.’ And they think ‘my broker’s trading against me, the market makers, they got that out for me.’ No, it’s just that they haven’t been taught about the Ex-Con cycle, expansion-contraction cycle. So they’re always trading the wrong end of it. And especially because, as I said, mathematically, the scanners need a certain amount of time and number of data to accumulate in order to indicate that this is a high volatility market.

Sound familiar? Because what I like to do is exactly the opposite and just like most things in trading, the opposite usually works. So if you have ever felt like ‘I’m a perfectly imperfect trader, and if I just did the opposite of everything I did, I’d probably make some money.’ Well, you know what, probably not far from the truth because trading, actually, is very counter-intuitive. So what I do is I trade inside contraction. Now, what does that look like? Well, this is not completely new. There are other people who do this as well and you’ve heard of these types of patterns – triangles. I love trading triangles. In fact, if you want to learn exactly how I trade inside triangles, I have another video specifically on that technique, just type in top dog trading and triangles, but I don’t wait for the breakout of the triangle.

Stock market cycles forecast

Some people wait for the breakout of the triangle, and then the retrace before they get in. I don’t want for any of that. I trade while it’s inside the triangle before the breakout. So I’m entering inside of contraction. Another example will be Bolinger band squeezes, very similar to triangles. So you get the idea. These are patterns that are very well known, but timing when to get into these is the key. Speaking of timing, by the way, I do have a tremendous timing indicator, would be happy to give it to you absolutely free since you are watching this. Be happy to give it to you. Just send an email over to me at barry@topdogtrading.com and we’ll show you how to get that absolutely free and that will really help you with your timing.

I find this as one of the things that people neglect. They understand price levels, support resistance pretty well and that’s great, but there’s another side of the chart, not just the Y-axis which is price, but then there’s the X-axis and that is time. That’s 50 percent of the chart. You better know how to time your entries with precision, and that’s what this indicator will help you. I promised to give you a day trading setup here and so that’s what this is. This is a typical pattern and you’re probably familiar with it. The market moves most of the time in the morning between the open of the market and launch, and then during lunchtime, the market quiets down, goes into beta consult, consolidation in the swings between the highs and lows, gets more narrow range, and then in the afternoon, it breaks out again.

Successful day intraday trading strategies

So not every day is like this. This is again a meta-pattern. It is not an everyday pattern, so this won’t happen every day, but it gives you something to look for. One of the traits that I look for, for example, is to trade at the end of lunchtime. So I am watching and saying ‘let’s find out a time to trade this inside of lunchtime, but toward the end of lunchtime.’ I got to tell you a little secret here; sometimes back when I was trained at the Chicago mercantile exchange, we would watch the whales and because everybody knew this meta-pattern. Again, this is the problem, right? Once everybody gets to know something then it stops working, though it’s not that it stops working all the time. But, again, everyone knows this.

So the big money, they don’t want to be followed. And what a lot of these guys would do is they turn in the accounts over to their fledglings and they would just basically say, ‘do no harm while I’m gone,’ and they leave the building or they’d leave the room I should say, and it’d be gone maybe a little bit and then they’d come back in. They didn’t actually go to lunch. They wanted everyone to think they left and then they would take a trade during lunchtime.

Stock market cycles charts

I find these happen about once or twice a week, but this is another one that you can look for. Again, you’re going to have to be patient because it’s not gonna happen every day. Nothing in trading is meant to be easy. In fact, if you feel like the market’s against you, you are 100 percent correct because the other people in the market, especially the professionals, they are not there to give you money. They are there to take your money. So they make it as difficult as possible. They always tried to hide their tracks. They know these common things that people are looking for and they do intentionally try to throw you off of their tails.

There you go. The patient one is the one who wins. In fact, I’ve often said that a professional trader, outpatient amateur traders. So these little anomalies, it’s not even an anomaly because it does happen pretty much every week, once a week, sometimes twice a week. And when it doesn’t, then you just wait until toward the end of lunch and trade into the afternoon. But if you wait for the breakout in the afternoon, usually, you’re giving up too much money. The reward is pretty much going to be gone by the time you see it again, and that’s too late. Professionals are early and retailers are always late. So you’ve got to be early, and this is why you need to read charts. That’s why you need to learn how to read the inner details.

Using stock market cycles analysis

I always say that the dollars are in the details because every day, it’s going to be a little different. Again, the markets are not here to make it easy for you. You gotta read it day by day, bar by bar because each day is going to be different. So, if you liked this video on day trading stock market cycles, please understand that sure it’s free. But if you got value from it, you actually have a moral obligation to pay it forward to others. Click on that beautiful little share button below so that others can benefit from it as well. Also, please subscribe to the videos because that way you’ll get notified every time I’d come up with a new tutorial, which is every week, click the thumbs up icon and leave a comment.

I love your comments, that lets me know you’re engaged and it encourages me to create more free tutorials. As a special offer to you, I’m giving you one of my favorite trade strategies. I call it the rubber band trade strategy, which has a very high win-loss ratio. In this trading strategy, I get into the details of exactly where I enter, place my stops and get out. I’m going to give it to you for free in a 26-minute video. You can get the rubber band trade strategy absolutely free by clicking on that image in the top right corner of the video or in the description below. And if you’re not watching on Youtube, there’s probably a link below or an opt-in form on the side. Once you do that, I will personally email the video to you with the rubber band trade strategy.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits. I’m happy to share that with you. Just send me an email at Barry@TopDogTrading.com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on Day Trading Stock Market Cycles Part 2? Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite Day Trading Stock Market Cycles strategies that works in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

Those interested in Day Trading Stock Market Cycles Part 2 video that works in today’s markets also showed an interest in this video:
https://www.topdogtrading.com/trading-stock-market-cycles-part-1-video/

Subscribe to my YouTube Channel for notifications when my newest free videos are released by clicking here:
https://www.youtube.com/user/TopDogTrading?sub_confirmation=1

Forex Training Video

By
Barry Burns
-
0
Forex Training
Forex training, best forex trading training that works in today's market

Best Forex Training: This video (and article) on forex training will teach you how to effectively use support resistance levels to better time your trades in order to boost your trading performance. This strategy can give an edge against other traders.

Was this video on Forex Training helpful to you? Leave a message in the COMMENTS section at the bottom of this page. 

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.


Forex Training

Welcome my friend to this forex training. By the way, what I’m going to share here also applies to stocks, E-Minis, commodities, future markets and so forth. What we’re going to share with you today is something that is quite simple, but the dollars run the details. So we want to give you the details here that while keeping things simple, just a few tweaks here, we make sure that you’re doing it as professionals do and not overlooking some of these things and just trading general ideas that really are not quite detailed enough. You know, Einstein is attributed with a quote of saying keep everything as simple as possible but no simpler. All right, so we’re going to be talking about support resistance levels – work very well in all markets and there is a good reason for that. Primarily, the reason is, well let’s draw a level here.

So what happens is when people see the market; when I say people, I mean the market participants. The market comes up to here and comes down, so now, as people are going to be buying back, everybody in this parakeet watches that level. So this is one of the nice things about these support resistance levels based on previous major swing highs and swing lows. Here we have a daily chart, that’s a common timeframe. Everybody sees that high, and you have the masses who are seeing this, so you’re going to get a crowd effect. The mass psychology comes into play and what’s happening when the market comes back up to that level is people are starting to say “well, last time we got up to this level, the general consensus of the market was that we’re not going to pay more than that.”

Forex Trading Training

This price over here, that’s what we’re going to pay. That’s getting too expensive. Now, will sentiment change? Sure, in three weeks, absolutely, sentiment can change, and often does, but it’s still in people’s mind. They’re looking at that, they’re considering it, and so that’s the psychology that’s going on. And that’s why of all the support resistance levels that there are, whether it’s FIBONACCI, whether floor trader pivot if you’re doing intraday trading or any other type of support resistance you might look at, I consider these major swing highs and lows on big charts like this, like daily charts, things that the masses are all looking at, to be the most significant and the most reliable support resistance levels of them all. So I often get questions that have the word best in them, in this case, would be “what’s the best support resistance tool to use?”

This is one time that I have a clear answer and it is major previous swing highs and lows. And major, I’m talking about you just look at it in a visually pops out to every human being. And that’s it. Now, because it does have that mass psychology, here’s the problem. As you look at that level, we see that the market went through it, went up to here and then it went down to there. Wait a minute, it didn’t work in maps because we drew it wrong. Great, thanks. So you don’t do it at the highs, you do not do it at the highs and you do it at the real bodies of the candle.

Forex Trading

That real bodies for beginners mean these colored areas here which define the open and the close, not the high and the low. And the reason that we draw them there, that’s the professional way to draw your support resistance levels, is because the spot forex does not have a central exchange. So you are dealing with, first of all, all these different exchanges, all banks, people in all different countries, they’re getting different price quotes, have different spreads, right? So there are variances. And then we’ve got millions of people, retailers, a lot of them amateurs and they don’t know what they’re doing. They’re putting in orders all over the place and getting them in and out real fast.

Then you got your banks, your funds and then you got to your professional traders that are scalpers. So you’ve got all kinds of different levels of traders, size of traders, nationalities through different exchanges and brokers. Bottom line is that the market, as you chart it, is not going to stop to the penny, pip, or tick, in this case, the pip at various highs and lows. You can’t expect that there’s going to be a little more chaos there. So these highs here are that randomness, that chaos, that noise. And we want to, again, look at fair value; basically what the masses, the conglomerate of the mass psychology of all those people, are finding as the value of this high and that’s going to be the real bodies. So, when we draw up there, now all of a sudden you say, “It does hold here”.

Forex Trading for Beginners

Now it doesn’t hold the low, but again, we discovered that that doesn’t matter. That’s just a little bit of extra noise. It does. When you look at the real body of the Red Candle, for example, there it is. Now look over here, there it is. So this is the proper way to draw it in order to allow for that noise. And don’t expect these highs and lows to come in at the exact pip. So that’s point one. Point two is when the market comes into these levels, look at your candlestick bars and you don’t need to use candlesticks necessarily, but I just think it’s easier to see the candlesticks and so again, we’re taking that same principle now and we’re using candlesticks.

I’m not going to, again, this is meant to be a very basic lesson, so I’m not going to use candlestick terminology. For those of you who don’t know the candlestick terminology, I’m going to just point out the principle. Again, the principle of it is when we get to these highs, look at that wick, that’s called the wick or the shadow. I like to call it the wick because candles have wicks. So you’ll see that the real body, the value is right there. That’s where, on this day, it opened and closed within that very narrow range, tested these prices up here and rejected them so that is a bearish pattern because we get that long wick up there and this again, this whole zone up here, that’s a rejection of those prices and that means that that is at least a short-term bearish pattern.

Forex Trading Tutorial

That’s what makes it put in a high and goes back down to support. Now, when we get paid down to support, again, we’ve got a long wick down there so it rejected that as a push off of the bottom and it goes back up. When we come back up, you’ve got a long wick up there. And then here we’ve got a couple of long wicks and now you will not get this kind of long wicks at every hirgher high. So, for example, well actually we got one in there. I didn’t think I’m pretty good one right there and it may not be right at that very high. Might come in the second bar or so, but there are other types of candlestick patterns, engulfing patterns and things like that. So this is just one example that I’m pointing out and there’ll be others.

You want to study candlesticks in detail, actually, that would be a great idea. Today, we’re just pointing out a couple of things. Now, when we break through this resistance level, notice how the candle just flies through it. There’s no wick up here. We actually closed up. That’s how it breaks through. When it comes back to support, the wick goes below and it comes back to support. The wick goes below, but the close is above. Now, when we break down below that resistance or this time, resistance, this turned into support, now when it finally does break through support, what happens? It closes below the support level and closes down there. The problem is how do we determine when support is going to hold or, whether a support or resistance for that matter, is going to break and the market continues to slice right through.

Rubber Band Trade Strategy

This is one way to do it. Look at your price action bars at those support resistance levels. This is one example. Do encourage you to learn more candlestick patterns in addition to these and it’ll give you more trigger itself. If you liked the video on Forex training, please understand that you have a moral obligation to pay forward the things that are helpful to us because you’re getting this for free. Please click on the share button below and pay it forward. Also, if you’re watching on youtube, go ahead and subscribe, that way you would get notified every time I create a new video, which is about once a week. Please click the thumbs up icon. And leave a comment because that really encourages me to keep creating more free tutorials for you. I love the interaction and finally have a special offer for my youtube subscribers.

Actually, for anybody watching this, I’m going to give you one of my favorite trade strategies. It’s called the rubber band trade. It’s a great trade. I still trade it myself to this day because it has a really high win-loss ratio. And it’s a simple trade, one of the simplest trades I know. I can teach it to you in 26 short minutes, which I’m going to do. You can get it absolutely free by clicking on the image in the top right corner of this video or in the description below the video. There’s also a link. And if you’re not watching on Youtube or you’re watching somewhere else, there’s probably a link below or an opt-in form on the side. Once you to do that, I’ll personally email the video to you with the rubber band trade strategy.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits. I’m happy to share that with you. Just send me an email at Barry@TopDogTrading.com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on Forex Training? Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite Forex Training strategies that works in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

Those interested in Forex Training video that works in today’s markets also showed an interest in this video:
https://www.topdogtrading.com/swing-trading-stock-market-using-bollinger-bands/

Subscribe to my YouTube Channel for notifications when my newest free videos are released by clicking here:
https://www.youtube.com/user/TopDogTrading?sub_confirmation=1

Trading Stock Market Cycles Part 1 Video

By
Barry Burns
-
0
Stock Market Cycles
Stock market cycles analysis, predicting stock market using cycle analysis, stock market cycles forecast

Trading Stock Market Cycles Part 1 video: This video (and article) will give you key insights on timing the market cycles right using various strategies, founded on solid economic fundamentals. This would elevate your trading performance to new heights.

Was this video on Trading Stock Market Cycles Part 1 helpful to you? Leave a message in the COMMENTS section at the bottom of this page. 

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.


Trading Stock Market Cycles Part 1

Today we’re going to talk about stock market cycles, FOREX cycles, anything that has to do with trading cycles, cycle indicators in the financial markets, and this is really important. This is going to give you a huge edge because what’s interesting is as I was doing some google searches in Youtube searches to see what else was out there on this topic. First of all, I found out that there are not many people doing searches for this. So then I thought, well maybe I shouldn’t do a video on it if people aren’t searching for. And then I thought, no, just the opposite. I definitely need to do a video on this because if there are very few people using this and I share it with my subscribers, then I can give you an edge because that’s kind of what an edge is.

Seeing things that other people don’t see, they’re not even looking for. And this is so important. So we’re focusing on stock market cycles today and what I mean by that is your timing in the market. Now, that appears in many different ways, but, first of all, again, just to emphasize the importance of this and how absolutely ridiculously critical this is. So think of it this way, a chart has two dimensions. It’s a two-dimensional object. There’s your price access and there’s your time access. Alright, so think of that. Now, if you are not using some sort of really great timing tool, what are you doing?

Stock market cycle analysis

You’re missing out on 50 percent of the information on the chart. Yes, trading is all about establishing probability scenarios that favor us, right? How can you establish a statistical probability scenario? If you’re ignoring 50 percent of the information on the chart, I think you know the answer to that. You are doomed. That alone means that you will be a failed trader. Now, how this manifests itself in a lot of people’s actual trading experience as they’ll say things like “I keep getting in and then I get stopped out and then after it gets stopped out at the market, goes back in the original direction of my trade and I keep getting stepped on all the time”. One of my friends who is a floor trader actually was one of my mentors for quite a while in Chicago and he said, Barry, you know what?

Retailers are often right, but at the wrong time, and that’s what he meant in the experience that some of you are having; timing at the wrong time. Time is everything. And especially in today’s markets. You can’t be as sloppy as you could back in the olden days when I started trading. No, with high-frequency trading, Algo trading, the advent of decimalization, lowering of commissions, the commoditization of direct access, all this kind of stuff means that markets don’t trend as much as they used to. They’re choppier, they’re noisier, so you have to be more accurate, and the way you do that is by learning how to time your entries. Now, as I just showed you, there are two dimensions on the chart, but WD Gann, the famous trader, he said they’re not even equal.

Stock market cycle theory

Of the two, time is actually more important than price and that very few people even use this in their trading in any way, shape or form. So, I’m going to do a little series here on how to do this with various types of stock market cycles. When you’re talking about cycles in the market, that’s what we’re talking about is timing. So today, I’m going to give you a quick overview and then we’ll do some specific videos in the future. Actually, you know what, we’ll do a little bit on that first one.

So there’s seasonal or calendar cycles and then there are volatility cycles, we’ll do that in a future video. We’ll cover the first one today and then order/chaos cycles. Now, that one, that’s the one that I have never heard anybody else talk about except me, although I’m sure if somebody has. Coupling and uncoupling cycles, that’s actually one of the professional traders do a lot. And the uptown cycles, that means timing your entries with the highs and the lows, the swing high swing lows. I actually have a great indicator for it by the way which I give away for free, so that one is where you get very precise into exactly where you enter to help you to prevent being stopped out, whether it’s long or short.

Stock market cycles forecast

If you’re interested in the indicator, I’m happy to share with you along with this tutorial. Just send me an email at barry@topdogtrading.com. I won’t be covering that in this video because it takes longer than our 10 minutes allotted for these youtube videos, but happy to share it with you for free. Today, what I want to focus on is this one, the seasonal or calendar cycles. What we’re talking about here is the time of year basically, and this is most famously used with the agricultural markets where they say you farm and you sow your seed in the spring. The crops grow over the summer and then you reap your harvest in the fall. So, if you’re going to trade soft commodities such as corn or wheat, then it would make sense to go ahead and buy those commodities in the spring.

And then when they sell the commodity in the fall, then you know the 20 sale price goes up and you’re olden, right? It’s not quite that easy. We’ll talk about that in a moment. But that is a cycle, the agricultural cycle. And then another one is the retail sector. So as I’m recording this, we’re just about a week before Christmas. Actually, it’s exactly a week before Christmas now, but I look at the calendar and this is a time when retail markets do well, right? There are some businesses, in fact, that make all their money during the holidays in December or they pushed it even into November now to keep extending it. But the bottom line is these couple of months is the time when some businesses actually make all their profits and others to make the majority of their profits.

Stock cycles forecast

So people who are watching the retail stocks and sectors, things like that, they are watching this time of year. A third one is travel. So again, timing is very important for that. Most people do. They’re traveling during the summer or during spring break or during certain holidays. Again, maybe during Christmas, Kwanzaa, Hanukkah time when people are available to go visit family and friends. And so if you’re going to invest in airlines or hotels, things like that, then this would be a time that you’d be looking at those types of markets and you could do some swing trades around that timing. Now, here’s the problem. So you get the idea and there are many other cycles that are associated with the calendar year. But here’s the problem. They’re not always consistent, so you can’t just trade a calendar, you have to learn to read the charts.

And the reason for that is, let’s take the agricultural sector. Let’s say that a farmer, he sows in the spring and then a disaster happens. When I lived in Florida, we’d see this a lot with orange juice. The weather would drop and the oranges would die. And that really had a major dramatic effect on the orange juice commodity market. So prices would go up because why? There wasn’t the same kind of supply that they had expected, and now if you wanted an orange juice, you’re going to have to pay a lot more for it. The price went up. So that’s good, right? No, because some farmers lost all their crops and made no money.

Predicting stock market using cycle analysis

They invested all that money into farming, into the machinery, into raising the crops of whatever it was, wheat, corn. And now they got nothing back. So they are deeply in debt. So, speculators came along and said, hey, tell you what we’ll do, we’ll give you kind of an insurance policy, we’ll buy your crops in the spring before they’re even grown, let alone harvested and we will give you a price now, but we want a discount. But, basically, you’re guaranteed this price. And so they’re betting on the future and they’re mitigating the risk for the farmer. So the farmer gives up a percentage of what they would normally make, but they’ve got insurance, any type of insurance, so to say. So a lot of farmers said, cool, that’s fantastic. I would rather have the guaranteed price.

I can’t weather, pun fully intended, by the way, the risk of a horrible weather even if it just happens to me once every five years and once in ten years, it is so devastating that I’d rather smooth out my equity curve. That’s the thing, agricultural markets, you can’t read the calendar because what will happen? The retail sector is actually a better one because weather events are very difficult, in fact, impossible to predict. Now, in the retail sector, we can start watching for some leading indicators because it’s more driven by the economy. How are people doing, are they making lots of money and that sort of thing. So if people are feeling that they’re prosperous this year, they’re going to spend more money on presents. And if they’re not, then they’re not.

Wrapping up!

So people can start looking at these economic indicators ahead of time and that again is the deal. So with traders, speculators, we were trading these times of year but we’re not waiting to buy in the spring. Traders often trade the retail market starting in like August because by the time everything’s known, the deal is done, the trade is over. So it’s like the saying “buy the rumor and sell the news”. You’ve got confirmation, but there’s no opportunity for a trade. Therefore, you’ve got to be able to read a calendar and use that for some timing and you do what Dow theory calls discounting the market, which basically means to trade in advance before all the information is known and that’s why it’s called speculation.

Just say, but isn’t that risky? Yes, that’s why we call it speculation. The last thing I want to say is that using these types of cycles affect any type of cycles, is just one energy in the market. Money going in, money going out, the buying, the selling, the supply, the demand. So you don’t trade cycles alone, not even the calendar in a chart. You still need other things. But this is one extra thing that you can add to your trading in professionals. Definitely, do this. So if you liked this video on stock market cycles, please understand that it’s free, but not spiritually. Kind of a weird thing to say, but what I mean by that is that if you did get value from it, please pay it forward, just pay it forward.

Our favorite rubber band trade strategy

And the best way to do that is to click the share button. Hey, we’re over 20 over 30,000 subscribers and it just boggles my mind. Well maybe not quite that, but I’d love to have you as a subscriber. Click the subscribe button. Every time I come out with a new video, you’ll notifications. Click the thumbs up icon, leave comments below. I love your comments. Anything you want to add, if you disagree with me, if you agree with me, if you have something to add to the community and the topic, it’s all great and then the big special offer I have right now for you is I’m giving away one of my favorite trade strategies.

I call it the rubber band trade. I get people emailing me all the time telling me that they’re making money with this. And I want to give you value ahead of time and real value, not just general teaching but also stuff you can make money with and that’s what this rubber band trade is. It’s a simple trade and I can teach it to you in about 26 minutes. Get it absolutely free by clicking on the image in the top right corner of the video or in the description below the video. And if you’re not watching this on youtube, there’s probably a link below or an opt-in form on the side. Once you do one of those things, I will personally email the video to you with the rubber band trade strategy.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits. I’m happy to share that with you. Just send me an email at Barry@TopDogTrading.com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on Trading Stock Market Cycles Part 1? Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite Trading Stock Market Cycles Part 1 trade strategies that work in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

Those interested in Trading Stock Market Cycles Part 1 video that works in today’s markets also showed an interest in this video:
https://www.topdogtrading.com/stock-market-cycles-how-to-time-your-entries-with-precision/

Subscribe to my YouTube Channel for notifications when my newest free videos are released by clicking here:
https://www.youtube.com/user/TopDogTrading?sub_confirmation=1

Best Trading Indicators for Day Trading and Swing Trading: Free Video

By
Barry Burns
-
0
Best Trading Indicators
Best Trading Indicators for Day Trading and Swing Trading that works in today's market

Best Trading Indicators for Day Trading and Swing Trading: This video (and article) on the best trading indicators will teach you how to use a rather old-fashioned strategy in trading which still works in today’s market. This strategy will surely give an edge in trading against many others.

Was this video on Best Trading Indicators for Day Trading and Swing Trading helpful to you? Leave a message in the COMMENTS section at the bottom of this page. 

PLEASE “PAY IT FORWARD” BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.


Best Trading Indicators for Day Trading and Swing Trading

Barry Burns here with Top Dog Trading on the Best Trading Indicators for Day Trading and Swing Trading. Today, we’re talking about one of the best trading indicators strategy on any platform, any software. It’s actually a drawing tool and it’s an old one, definitely nothing new, but sometimes the old stuff is good and I tell you what, I don’t find a lot of people still using this. Sometimes, people are always looking for an edge with new stuff and that’s cool. But you know what, sometimes you can find an edge by bringing back something old that people aren’t using anymore. That’s definitely the case here. I use this all the time and I absolutely love it. So it’s the good old-fashioned Andrew’s pitchfork, and I am going to show you a couple of ways of tactically how to use this. First of all, you want to see that you have a change of direction.

So we have had a move up. Now, we’re looking for a move down and I find that this is especially good for an exit. We’ll focus on exits today rather than entries and that’s one of the big problems that I see people having. They write to me and they say, Barry, I don’t know where to get out of the market, where do I exit? And I will tell you that I agree – entries, I have no problem with entries. But exits are much more challenging than entries. In fact, even as I’ve talked to other traders and so forth who have been trading for decades, interviewed them and they have told me rather consistently saying, even though I’ve made all this money in trading, I’ll tell you, the one thing that I felt I never mastered is when to get out of the market.

Best Technical Indicators for Intraday Trading

And I don’t honestly think that anyone knows the perfect time to get out. But what we’re looking for is a good time to get out when we can have a high probability exit where we’ve made some good money and say this is a good time to get out. Not that we’re going to ever catch the entire move of every single impulse where every single trend, that would be unrealistic so certainly not expecting that. But what we do want is a good risk-reward ratio and we want a reasonable, logical and high probability time to exit. First of all, let me show you how to draw this. You’ll see that I just did it right there. It’s a three-point drawing tool. We’re going to take a high, remember looking for a reversal here, so go to a high to a low to another high.

So that’s the basic thing is that against the three-point drawing tool. You start there and then to there and then a lower high. So looking for that shift in a trend. Okay? Now you’ll see that it draws tines, these are called tines because well that’s just the term for the little things that come off of a fork. And this is called Andrew’s pitchfork. That’s what they call this. So we’ve got our middle Tine here. This is just the central line, you want to consider it that. Then we’ve got this main section here, I’m actually going to do it both ways, just so it can kind of see that. And you’ll see that I have these two colored very differently. So the middle one I make black and then the two outside of that I make thicker and darker blue.

Best Technical Indicators for Stock Trading

And then the ones outside of that, a little lighter blue and the wind outside of that a lot lighter blue. And that’s just for visual identification. You know what I should do too is actually show you my settings here because I know I’ll get questions on that, which I don’t blame you. I would expect that. So here are my settings for it and now you’re setting may be a little different; different charting platforms, they seem to use little different things for the parameters and so forth. But anyway, here you could see the handle. All right? So the handle is that part where the fork, you would actually pick up the fork so to say. Alright. And then we’ve got tine one tine two. And so there, you’ll see those are the darker blue lines that I’ve got and I made them with the four.

That’s just for customization, but the percentages, the colors, the width, all that, that’s just however you want to do it based on your personal preference. But what is important here are the percentages. So, tine one is 100 percent, tine to zero percent. Now, I have found that different charting platforms will prescribe different percentages there, but this is for Ninja trader seven. So these are going to be equidistant from the handle from the middle line. And then from there, I use 50 percent differences. So we’ve got our 100 percent and then we’ve got our 150, we had zero percent, then we got minus 50, and then after 150, we’ve got 200 and after a negative 50 percent, negative 100. So those are the settings that I use here. Now, let’s talk about the tactics on how to trade this for exits.

Best Indicator for Swing Trading

So the primary thing that I’m watching; so the tines that are the most important in order to stay within a, let’s say a strong and downtrend, is these two here. That’ll be your 0 and 100. Now, what we’re going to look at here is basically we’re looking at an energy of this first move, from down to up and then back down and we’re saying alright, so this first lower-high and the low between it established a pattern, almost a geometric pattern if you will. And as long as price action stays between these two times or these two lines, we are continuing that same type of energy. So one of the things that we will look at is, for example, when it gets down to here, it’s still within that zone. When it gets out of here, now we’re breaking outside of that same energy.

In other words, the market is not going down with as much enthusiasm as it started. So it’s starting that that downward energy, that trend down is starting to dissipate, if you will. Now, it doesn’t mean it’s gonna go up right away. Sometimes it does, but this is a little more typical of what happens. So it comes back down, hits that tine, comes back up, comes back down, hits that time, it comes back up, kind of rides this one down. And let’s see what happens from here. Now, when it breaks out of the final one, the final line or tine, then I consider, this downtrend completely done this pitch fork over. Not going to look at that pitchfork anymore. I could just take it off of the chart if I wanted to. That would be one place to exit.

Best Trading Indicators for Swing Trading

Another place to exit is a little more aggressive. You get a little more reward on it is when you wait for it to break out outside of this major tine here. And then look for it to come back and see how low it can go. It may not come all the way down here. You could look for things like a double bottom, etc. But just look for it to come back down here and then take a profit down here. So those are two options for you. There’s never one thing that’s always the best, unfortunately, but this is your primary signal right there. The signal that the energy has changed no longer is dramatic to the downside. Now, having done that, let’s just move our chart forward a little bit and let me show you how we can then measure this thing to the upside.

So now that we’ve broken out, we’re okay. Let’s say we went long. Now we bring up our Andrew’s pitchfork again and now we’ve got that low, that high, and this low here. Alright, so now that we’ve got that, we’ve got the same kind of thing going on again and I’ll actually, now that you see why we drew that. So we drew it. Why? Because we look for it after we put in another high and then another low after we’ve broken out of that tine there, right? The two major ones. Okay. Now, let’s see, so it’s not so cluttered. Let’s actually go back and take this one off. Just create more clarity for you. So what we are, here’s another way to exit. And again, there are different techniques because the market doesn’t always do the same thing every time.

Best Trading Indicators to Use

So it comes in here, holds that one, gets a little below it, comes back up to the middle and holds this one. By the way, notice that it also kind of provides diagonal support resistance. Now, here is the point of the second type of exit. Once it gets above the upper major tine, I call these my two primary tines. So this is then a very aggressive move to the upside for it to break above; see, last time we were looking forward to break below the tine to get out. Now, we’re saying, it’s going in the direction of the trend and it broke out above the major wind at the top. So I consider that to be often an exhaustion move. It’s almost like when you see a reversal candlestick pattern that coincides with a high volume bar and you say that’s an exhaustion pattern.

Well, this will be the same type of concept where statistically it’s getting above the norm and when I see this I say that might be a good place to get out. We’ll go and break both the high of that. I don’t know, it’s possible, but statistically, that is a very bullish move. Therefore, I considered it an exhaustion move and whatever the market does in the future, that’s probably going to at least regress or retrace down quite a while and I don’t want to sit through that. I mean we’ve made some good money here. Let’s say you got in whether you got in there or let’s see, you get in here where even if you got in here, you know you made some good money.

Best Trading Indicators for Stocks

You got a great P & L there because this is one way you could do it. As far as entries go, you could say let’s set up our Andrew’s pitchfork and then wait for it to hold the lower level and by there, that would be one thing to do. So my risk is very small, it’s basically that little rectangle there and my reward is that. It actually did make a higher high after that. But look what it also did in the meantime, which is very cool. So this is where, I would get out on an exhaustion move. It comes back down, goes to this tine, goes to that tine, goes to that one and goes to that one, see how it’s providing diagonal support & resistance almost makes it to that line.

Comes down here, right? So that went up. Comes down here. Almost uncanny. Did it make a little higher high after where I got out? Yup, so what? I don’t want to hang in there through this retrace and if it goes up higher, great. Again, we’re not going to catch every single penny and every single move, it’s just impossible. That is a good high probability exit and that’s what I’m looking for. High probability exits, that’s not looking to be right, looking to make some money. And then, well, what happens then when it finally does break down below this final tine, look at that, sure enough, that trend reverses and it goes down. So that is one of my favorite trading indicators, strategies, drawing tools, etc. Test it out for yourself, see how you like it.

Rubber Band Trade Strategy

Now, if you liked this video on the best trading indicators for day trading and swing trading, if you found it interesting, please understand that it’s not free. Wait a minute, it’s not free, I just watched it. Yeah, it is free. But from a spiritual point of view, if you got value from it, then you have an obligation to pay it forward. Share it with other people. That’s what we’re supposed to do as good people, right? And that’s really the very best thing you can do is to click the share button below. If you’re watching this on youtube, feel free to subscribe and click the thumbs up icon. And one of the best things you can do also is leave a comment. I love your comments, even if you disagree with me or maybe have something to add to the conversation to help other traders who are watching this. That’s all great. We invite all.

I have a very special offer to you. I’m giving away one of my favorite trade strategies called the rubber band trade. It is a super high win-loss ratio. In fact, I still take this trade every single time I see it, that’s how good it is. And it’s pretty simple. I’ll teach you two and 26 short minutes. So get my rubber band trade strategy absolutely free by simply clicking on the image in the top right corner of this video or in the description above or below this video. If you’re not watching it on youtube, there’s probably a link below or above or an opt-in form on the side. Once you do one of those things, I’ll personally email the video to you with the rubber band trade strategy.

GET MY FREE MARKET ENTRY TIMING INDICATOR

BTW, if you’re interested in the indicator that I use personally for very precise entries and exits. I’m happy to share that with you. Just send me an email at Barry@TopDogTrading.com, and I’ll show you how to get access to that indicator.

What did you think of this tutorial on Best Trading Indicators for Day Trading and Swing Trading Enter your answer in the COMMENTS section at the bottom of this page.

PLEASE PAY IT FORWARD BY SHARING THIS VIDEO & ARTICLE ON FACEBOOK OR TWITTER by clicking one of the social media share buttons.

FREE GIFT!

Also, I’m giving away one of my favorite trade strategies that work in trading the markets. Just fill out the yellow form at the top of the sidebar on the right. Once you do that, I’ll personally send you an email with the first video.

Those interested in Best Trading Indicators for Day Trading and Swing Trading video that works in today’s markets also showed an interest in this video:
https://www.topdogtrading.com/how-to-choose-stocks-for-swing-trading/

Subscribe to my YouTube Channel for notifications when my newest free videos are released by clicking here:
https://www.youtube.com/user/TopDogTrading?sub_confirmation=1

123...105Page 1 of 105

EDITOR PICKS

POPULAR POSTS

POPULAR CATEGORY

© Copyright 2018 Top Dog Trading