Category Archives: Business

Nov 18, How to Use Your Ally Invest Trading Account

Just opened a new account? Here’s how to use it

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Nov 17, First Pullback | Probably the Most Reliable Chart Pattern

Learn how to trade the first pullback chart pattern.

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Nov 16, Hammer Candlestick Pattern | Learn How to Trade the Hammer

Here’s how to trade this classic chart pattern.

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Nov 15, How to Lose All the Money in Your Trading Account

Following conventional wisdom is not a good idea when learning to trade stocks.

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Nov 12, Stock Market Gifts | Find the Perfect Gift For a Stock Trader

Find the perfect stock market gift for any stock trader.

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Oct 9, Stock Market Books | The Top 15 Best Technical Analysis Books

Here is my list of top 15 best stock market books that every trader should own.

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Mar 20, Trader Education Week

Learn How to Spot Trading Opportunities in Your Charts will run from March 20-24.

Elliott Wave International (EWI) is hosting a free Trader Education Week, March 20-24. Register now and get instant access to free trading resources – and you’ll receive more lessons as they’re unlocked each day of the event. You’ll learn about Elliott waves, Fibonacci analysis, indicators and oscillators, Japanese candlesticks and more.

Register here

trader education

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Mar 1, Here is a Recent Example of a Swing Trap

Swing traps are one of my favorite chart patterns. Here is a recent example:

stock chart

The nice thing about this pattern is that the majority of sellers get stopped out right before a nice rally. This is the pefect time to buy into a stock – after a wave a selling!

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Jan 30, Why You Should Use Time Stops

I know from experience that a stock should move in your favor within a day or two after your entry. If it doesn’t then it will likely go against you. Here is an example:

stock chart of TASR

This stock pulled back and formed a bottoming tail and then an engulfing candlestick pattern. This would be a good place to buy the stock. But look at what happens next. It just trades sideways.

The first question that should come to your mind when this happens is:

Where are the buyers?

They aren’t there.

Time to get out.

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Dec 6, Learn to Swing Trade With These Example Stock Trades

Here are 5 example trades for discretionary swing traders.

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