"STOPD" Posts
Where is Dow Heading According to Basic Chart Patterns and STOPD?
By Lawrence
Sometimes it is better to look at the big picture from afar to gain better perspective. Here is the weekly chart of Dow Jones Industrial Average. FOMC Week Tendency The blue arrows mark the week for which we have FOMC meetings and announcements. Do you know that historically it is very likely within 2 meetings […]
S&P500 Outlook According To STOPD on May 6, 2015
By Lawrence
First quarter high rejected at the top yellow area. Fall down to previous year high / close zone at the lower yellow area. Now the break down is in place. First quarter midpoint marked by the red zone is in play. If SPY can close above previous year high by Friday (i.e. back into or […]
Applying STOPD on US 30-Year Bond Futures
By Lawrence
I was asked if STOPD works with US 30-Year Bond Future. Instead of a simple yes or no answer, I think it is better I show some charts to illustrate the point. Following are several charts of the US 30-Year Bond Futures (symbol ZB) with STOPD price levels. Weekly STOPD Price Levels on 20-min RTH […]
What STOPD Is Really All About
By Lawrence
There is a misunderstanding from many people that Special Theory of Price Discovery (STOPD) is about price behaviour patterns identified from historical data. That is incorrect. There are others who guess that STOPD is just a repackaged support resistance price levels like the Fibonacci ratios. That is also incorrect. I can understand where these beliefs […]
Talks About STOPD
By LawrenceOne of my readers forwarded a discussion of Special Theory of Price Discovery (STOPD) in a private trading forum to me. It is interesting that none of them have actually read the book and all comments are speculations of what STOPD actually is. I am quite shock that comparisons were made to Fibonacci support resistance […]
Trading Emini S&P With Multiple Timeframe STOPD Levels
By Lawrence
This is a simple walk-thru of what happened during the day on Feb 27, 2014 on Emini S&P. It illustrates a way to utilize data from multiple timeframes to identify the key price levels for making trading decisions. It is not that difficult. It just takes a different way to see the market. Note: Am […]
Bitcoin, Chart Reading and STOPD Levels
By Lawrence
I was asked if chart reading works with Bitcoin. My answer is yes. From 5-minute resolution to its daily charts, chart patterns work very well with the virtual currency ever since the various exchanges provided the means to buy and sell Bitcoin easily. I was also questioned by many if STOPD would work with Bitcoin […]
Bitcoin: The Best Performing Investment of the Year
Here is the weekly Bitcoin chart in US dollars. This virtual currency, or whatever asset class you want to name it, it is definitely one of the best investment ideas for year 2016. It follows STOPD and chart patterns all its way and here we are, the projected upside target is in sight based on […]