"Chart Lesson" Posts

Advanced Chart Lesson: Emini S&P Jan 17 to Jan 31, 2014 Waterfall Formation (Part 2)

By Lawrence
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Overview Before we engage the market in real-time, we have to be aware of the various potential scenarios. Daily chart analysis from Part 1 provides us the big picture setups while day-to-day trading do not often trigger these powerful setups. Hence homework on the intraday timeframes has to be done so that we can engage […]

Advanced Chart Lesson: Emini S&P Jan 17 to Jan 31, 2014 Waterfall Formation (Part 1)

By Lawrence
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Overview Half of the battle in trading successfully is developing good trading habit. What happened to Emini S&P during Jan 17 to Jan 31, 2013 is an excellent case study on what proper chart reading can do for you. Chart readers often find it difficult to find good trading opportunities as they fail to utilize […]

Chart Lesson: Silver Long Play Jan 29, 2013

By Lawrence
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Part of Art of Chart Reading As a routine, I review at least the daily charts on all the markets I trade. It does not matter if I have a position on or not. It is important to have an idea of how the charts look like and how they usually move. In another words, […]