Have you ever experienced having a good setup but psychologically you still doubt if you want to enter the trade due to “external factors” be it news, social media, or other people’s analysis? Well, the easiest solution to reduce noise is to turn off your Facebook or Twitter and just open your charting tool. If …
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Lazy Elliottician’s Food For Thought: The Power of Lines
A lot of trading resources nowadays are so obsessed with candlestick chart patterns and strategies that they tend to neglect this type of chart and it’s also the simplest to look at. What if I told you that all you need in trading the markets especially if you are counting basic Elliott Waves is actually …
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City Management Games That Can Help In Trading
Who says that video games can’t help you with your development as a trader? Don’t get me wrong, the beginning of your trading journey you will be immersed in charts but as time goes by you’ll get to appreciate this business. If you get this right in the long run, you’ll realize that the beauty …
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The Trading War Room (January 15, 2020)
Hello first stock analysis blog post of 2020! For this week we take a look at the possible movers in the Philippine Stock Exchange. As we can see, the index is still on sideways and given its close today, it is possible that we might see it revisit 7,500 levels for the next couple of …
A Lazy Approach to Elliott Wave Theory
Greetings Trading Poets! Today is another new year and for this post I’ve decided to share to you a technique that I discovered around last quarter of 2019. We will be talking about Elliot Waves! I understand why some people don’t want to use this to forecast price movements since it’s very tiresome to do …
The Yin and Yang of Busking and Trading
People nowadays don’t realize that whatever you’re constantly doing can be a means for you to create a living out of it. So for this post, I decided to share my insights about the similarities of busking and trading since it’s my current lifestyle and I have come up with some guidelines below. Anyway, I …
RADSIX: Spotting Potential Rallies & Reversals Before They Actually Happen
Hello reader, for this post I am going to show you how to combine the Relative Strength Index (RSI) and Average Directional Index (ADX) to spot signals on when to enter a trade. Back then, I would use the Directional Movement (DMI) indicator for confirming trend direction aside from what the price action is giving …
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The Art of Lazy Speculation with Fibonacci Retracements
Okay, before you lash out think for one second: I did not say Fibonacci is useless. 😂 It’s more of a recipe for disappointment to be honest. Oh wait, there’s also what you call Fibonacci extensions but guess what? I don’t use them as well. 😂 If you’ve been following me ever since I started …
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A Poetic Approach to the Stock Market
Here we relate the stock market to Dante Alighieri’s Divine Comedy so let’s see what it looks like.
The Art of Lazy Spotting Supports and Resistances
Hello there reader, if you stumbled upon this post I recommend reading this first but if you’re a lazy reader, here are some market jargon that you need to know at least: Support – A price level where people would most likely buy. Resistance – A price level where people would most likely sell. Before …
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