Analysis Inc. Stocks & Commodities V. (): Stay In Phase by John F. Ehlers. Stay In .. Now a subscription to Technical Analysis of STOCKS & COMMODITIES magazine gets you so The complete magazine as a PDF you can. The premier magazine for technical analysis. . also available online in our digital edition — the complete magazine in digital format (PDF) on our benefits of a subscription to STOCKS & COMMODITIES Magazine at. ronaldweinland.info - Download as PDF File .pdf), Reprinted from Technical Analysis of STOCKS & COMMODITIES magazine.
|Language:||English, Spanish, Hindi|
|ePub File Size:||27.32 MB|
|PDF File Size:||13.55 MB|
|Distribution:||Free* [*Register to download]|
Technical Analysis of Stocks & Commodities magazine is the savvy trader's guide to profiting in any market. Every month, we provide serious traders with. Technical Analysis of STOCKS & COMMODITIES, The Traders' Magazine, has been the premier magazine in the field for many years. It's a how-to guide for. Technical Analysis of Stocks & Commodities is a monthly magazine started in that specializes on approaching trading from a technical point-of-view.
Each issue provides a wide range of strategies, market analysis, commentary and news for currency traders around the globe. Published 8 times per year. Since its start the magazine has grown to cover not only the futures markets, but options, forex and stock markets as well. It is distributed world wide and covers not only all markets, but all geographical centers, with correspondents both in Europe and Asia. Futures helps readers understand the factors that affect futures prices, provides them with perspective on trends affecting the global marketplace and gives them information on how to maximize trading profits while minimizing risk. Feature articles cover fundamental and technical trading strategies, updates on technical analysis techniques, technology updates and market news that affects traders worldwide. Each issue also includes in-depth global market news, analysis of market prices, managed money and fund reviews, people news, industry trends, new products, software and book reviews and more.
Then all of a sudden they became stock darlings in , as did networking stocks and telecommunications stocks. Its whatever the market chooses to play, be it biotechs, chips, networks, fibers, Internet youve got to go with what the market is going to push up the most.
I scan through my stocks and I can tell you in 25 minutes which are the strongest groups and the fastest stocks and the ones to own and play with. You dont use automated scans to help you? Because then I have to look through the stocks that the scans spit out as well as my stocks, and scans are not going to get all the movers the way I will on a manual scan. The charts tell you everything you need to know about the stock. If a stock is lying dormant, no scan will tell you its time to go before it goes, but viewing the chart manually will.
How have you been doing in the last couple of years? The bear market has been brutal. This is my first true bear market, and we must learn from our mistakes. Im still leery about the market and have jumped out far quicker than I would have before. The fear factor of things breaking down is so embedded in me now, it will take time to change that. I will say, though, that this market is acting like one of the great bulls of yesteryear.
Have you been playing some of the bear rallies from the end of September ? I played it in October and others, but they came and went lightning fast. Just when you thought it was going to continue, it ended. I grew up in a secular bull market.
It was a period of higher highs and higher lows on the long-term charts with an occasional break, but the market would pick up and head higher again. It was an year bull market. I never lived through a bear market and never learned bear patterns or bear analysis.
It took me two years to learn, and now that Ive learned bear market tactics, the bear might be over with, at least for a year or two. How is your website, Chartpattern. Have you been playing some of the shorts in this bear market? Things are going well. We have a lot of members and many leading institutions and hedge funds. Business is down because the market has been brutal, but overall Im very pleased with what Ive accomplished with the site, and doing the newsletter four nights a week keeps me very focused.
As far as shorting goes, people say that youre going to make a lot of money because you have a lot of great shorts on the site. The big money is in a bull market. There are no two ways about it. You play the bear market just to hang around so that when the big move finally does come, youre there. How did you get started in your trading career? They would have guys coming on talking about technical stuff. Sherman McClellan used to come on once a week and talk about the McClellan oscillator.
Other people talked about cycle analysis. You could see what they were doing and how it worked on the market. So I learned at a very early age how technical analysis was an important factor in the market. There was a guy named Gene Morgan, who every day at pm would come on with his show called Charting the Market, in which he would show charts that were marked up manually they didnt have TelePrompTers or digital stuff then. Hed show parabolic curves and explain that here was a stock that went parabolic.
Then hed show a pennant formation or a flag or a falling wedge and how they would forecast price movements.
I was absolutely astounded and it changed my life. We had no personal computers back then to help us plot charts, so I would watch the tickertape and download stocks that would light up the tape. I was hooked.
Thats how I started. Then in I got a chart book. Id look through it for cup and handles, pennants, and flags. Id be looking at cheap stocks that I felt I could afford, but I couldnt pick out anything. Cheap stocks rarely have good patterns to identify and to tell you the truth I couldnt identify any pattern back then.
So I basically gave it up for the time being. But I always picked up the financial papers and followed stocks. I did predict the crash in the day before it happened, for what thats worth, and that cemented my calling to be in stocks full time. What tipped you off about the crash? I used to go to the gym every night at the time, and everyone there would be talking stocks and how much money they were making in the market.
Then one Friday the market took a point hit, but markets usually have their big drops on Mondays. I told my mother who was the person who got me into stocks in the first place to wait until Monday, as that would be the big day.
I had friends who went broke that day, but I was elated because Id called it.
My prediction had come true and I felt connected to the markets for good. What made you make the transition from trading the ticker to learning to trade chart patterns? I spent the next six months to a year taking chart patterns that he gave us and trying to find them in the charting books and on my new ultra-fast PC.
I would overlay a chart pattern over stock charts and do this every evening and for about six hours every Saturday and Sunday until I finally found one.
I would keep doing this over and over for thousands of hours until I could identify the cup and handles. Then I got pretty good at it and realized that there was a lot more to it than the cup and handle or channel patterns that hed taught us.
So I called him up one day because he had a weekly TV show back then and asked him if he had an advanced course.
He said that was the advanced course. Professional traders and hedge fund managers qualify for a free subscription to Trader Monthly. This link is to the English language version of the site www. An online resource for technical analysis updated daily, with content not available anywhere else. The Advantage writers take one stock, bond or commodity and analyze it, examining recent price movements using technical indicators, chart patterns, or new techniques that may be relevant.
Also includes the latest hardware, software and book reviews. Also includes the Tradersworld Newsletter via email. Available as a hardcopy or online version. Thats when I got serious, spent the next six months to a year went back, and studied my mistakes.
I could last two to four months or even do? I didnt understand how to spot We had no personal com- charts and do this every evening and for the next winners. I realized that I didnt puters back then to help us about six hours every Saturday and Sun- know anything.
You just have to keep plot charts, so I would watch the day until I finally found one. I would going back over and over again until tickertape and download stocks that would keep doing this over and over for thou- things sink in.
I bought one stock at sands of hours until I could identify the a buck and sold it a couple of weeks later cup and handles. I was hooked. Thats how I Then I got pretty good at it and real- trades? A lot of it was that at Then in I got a chart book.
Id the cup and handle or channel patterns first, I believed in stocks instead of look through it for cup and handles, that hed taught us. So I called him up believing in trends, trendlines, and ris- pennants, and flags.
Id be looking at one day because he had a weekly TV ing trendlines, and when a trendline is cheap stocks that I felt I could afford, but show back then and asked him if he had broken after a stock has been rising for I couldnt pick out anything.
Cheap stocks an advanced course. He said that was some time, it needs to be sold, period. I realized I was on Other items that took years to learn how to tell you the truth I couldnt identify my own and spent the next six years to identify were several reversal pat- any pattern back then.
So I basically gave learning everything I could about terns or reversal bars such as a spinning it up for the time being. But I always trendlines, daily bars, reversal patterns, top or a bearish engulfing day after a big picked up the financial papers and fol- how to spot a correction and so on. I runup in price. I dont use candlesticks, lowed stocks. I did predict the crash in now give a very advanced charting semi- which is what these terms are normally the day before it happened, for nar about twice a year.
Daily bars work the same way but calling to be in stocks full time. Who were your other mentors? What tipped you off about the crash? The Market show. I used to go to the gym every night at It took a while to learn, I would the time, and everyone there would be What did you do to learn after that? I looked I remember getting hammered on a they were making in the market.
Then more at the charts than reading the text, market correction more than once and one Friday the market took a point though.
But really, from then on it was saying Ill never do stocks again and hit, but markets usually have their big the school of hard knocks. We got into a walking away. After a few months of drops on Mondays.
I told my mother strong bull market in early I made my not paying attention to the market, it who was the person who got me into a lot of money right after the first Gulf was taking off again, and I was missing stocks in the first place to wait until war and then gave it all back during the the move because Id walked away.
Monday, as that would be the big day. I summer with the very first correction Worst of all, Id missed the new winners didnt watch the market since I was [at because I didnt know what a correction because I was asleep at the wheel in- work], but on the way home that Mon- was. I didnt know you could go broke or stead of watching the market during the day the evening news announced that close to it because I believed that my correction like I shouldve been.
What did you learn from that? My predic- Famous last words! You have to be there every factors accordingly. Thats how I turned then so am I. If its no longer the stock single day. You have to be there every months. I would own the one or two day in a bear market and every day in a fastest stocks of the week during the What would be a typical size of your correction.
You have to anticipate the bubble, and I would know exactly when trades today? If a stock cash when it comes. If per week to finally put it all together. I a day, then owning no more than 20, then, and the severe housing market would be so glued to the computer screen to 30, is about my max. Are you aware much time to learning everything that I What do you watch for during the of anyone else who beat that record?
No one has come close, as far as I Im watching the heartbeat of the know. There was someone trading on the stocks. Im watching the action. I have the time frame was longer. No one has then got into trading more a Level II, which I use rarely, on another done it trading stocks that I am aware of.
I dont watch fu- days in the market? I gave it all back tures or any of that other stuff. I dont There were so many wonderful days three or maybe four times. My aggres- have time. I just watch the chart, the price for me during the bubble that I cant list sive 2-to-1 margin style took years to action, and the volume of the stock dur- them all.
I could go on and on about learn, and getting in and out and under- ing the day.