The turn goes by the book
Two weeks ago I wrote about the sequence of events that occur when a down move gradually turns upward. Since then, although progress has been slow, all is going by the text book. On Tuesday…
David Paul
Baby steps towards an Up wave
After a sell off early in the week the support levels I spoke of last week have held. The falling wedge is one of my favourite trading patterns and I have specialized in its nuances…
David Paul´s Market Update
The financial world seemed to on hold during Fridays trading. The US is on holiday and the rest of the world was awaiting the decision by the Greek electorate. The reults are in and the…
My Ideal Setup
As I have discussed many times the VectorVest edge is based on combining three aspects of the market in a very unique way. These are 1. The Fundamental position of a share as ranked by…
Safe as Houses
The valuation of a company is no simple matter. It involves the prediction of future profits and then discounting those cash flows into present day money. The novelist Mark Twain said that the “future is…
LSE will be the place to be
The Footsie is back at 7000 and this is a level that’s been in the way of a trending move since the 1st April last year. Since this time, the index as we all well…
Stock fundamentals, the magic 89 and the trigger line
This post is for swing traders and those who want to make some money in 3-13 day moves in stocks. It takes focus and it’s not for everyone. The process of swing trading needs to…
Position Sizing
The most important part of any trading plan is “How Many Shares do I buy”? It’s frequently the most overlooked. In the last post I talked about clusters and it’s not what retail traders want…
Clustering and why trading can be difficult
If you have read my last article then the concept of system expectancy should have you in good spirits. Assume you can call the markets more than 50% of the time. Then, if your reward…
The concept of Expectancy
Over the years I have horrified quantitatively orientated seminar audiences by using a coin to predict market direction. I always ask, “would any of you trade with a coin”. They all to a person laugh…
