The dominant trend in major World Stock Markets indexes is UP…UP…UP. The burden of proof is on the perma-bears.
The daily chart of Dow futures completed a 4- week pennant on Tuesday. This type of concise pattern provides swing-trade possibilities.
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Below are a few Factor Member questions from this past weekend's report I thought you might enjoy.
Question:
Peter, how do you protect against large open trade profits from disappearing? - Factor MemberAnswer:Read More
https://www.peterlbrandt.com/wp-content/uploads/2017/09/Questions.jpg6871222Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2017-09-07 10:19:452017-09-07 10:24:25Factor Member Questions
How much patience should a trader have with a losing trade?
The question on losing trades, all traders must answer for themselves, and there really is no right answer. The answer for any given trader must depend upon his or her trading approach, markets traded, risk tolerance and other factors.
For me, the answer to this question is quite simple and multi-layered.
My initial risk per trade seldom exceeds 70 basis points and is limited to 100 basis
I aggressively advance protective stops within days (sometimes hours) after entering a trade.
My goal is to bring a trade to as close to breakeven as possible, as quickly as possible!
https://www.peterlbrandt.com/wp-content/uploads/2017/08/losing-Trades-Peter-Brandt-Factor.jpg9211233Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2017-08-07 09:52:082017-08-07 10:13:07How much patience should a trader have with a losing trade?
I want to present two perspectives of the “Trendline” as a classical chart configuration – the first perspective through the lens of Robert Edwards and John Magee (“Technical Analysis of Stock Trends”) and the second perspective through my experience trading chart patterns for nearly 40 years.
Most stocks sooner or later will follow the major swings of the market. Individual stocks in a sector or industry group might form similar chart patterns due to economic cycles or sector rotation. These individual stocks can be affected by other factors such as commodity prices.
https://www.peterlbrandt.com/wp-content/uploads/2017/05/Tech-charts-public-blog.jpg8221233Aksel Kibarhttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgAksel Kibar2017-05-18 09:09:172017-05-18 09:10:47Long Term Charts – Video Tutorial – Guest Post
Huge H&S bottom patterns continue to form on the weekly graphs of some major European banks. UBS, Credit Suisse and Deutsche Bank are shown in the charts below.
https://www.peterlbrandt.com/wp-content/uploads/2017/05/European-Banks-Peter-brandt.jpg8141222Peter Brandthttps://www.peterlbrandt.com/wp-content/uploads/2020/04/TheFactorReport-small-logo.jpgPeter Brandt2017-05-15 10:29:382017-05-15 10:30:11A Turn of Fortune for European Banks
World Stock Markets – Perma-bears Beware
/by Peter BrandtFactor Member Questions
/by Peter BrandtHow much patience should a trader have with a losing trade?
/by Peter BrandtHow much patience should a trader have with a losing trade?
The question on losing trades, all traders must answer for themselves, and there really is no right answer. The answer for any given trader must depend upon his or her trading approach, markets traded, risk tolerance and other factors. For me, the answer to this question is quite simple and multi-layered.- My initial risk per trade seldom exceeds 70 basis points and is limited to 100 basis
- I aggressively advance protective stops within days (sometimes hours) after entering a trade.
- My goal is to bring a trade to as close to breakeven as possible, as quickly as possible!
Read MoreGold Trendline – Bogus or Bullish?
/by Peter BrandtI want to present two perspectives of the “Trendline” as a classical chart configuration – the first perspective through the lens of Robert Edwards and John Magee (“Technical Analysis of Stock Trends”) and the second perspective through my experience trading chart patterns for nearly 40 years.
Long Term Charts – Video Tutorial – Guest Post
/by Aksel KibarMost stocks sooner or later will follow the major swings of the market. Individual stocks in a sector or industry group might form similar chart patterns due to economic cycles or sector rotation. These individual stocks can be affected by other factors such as commodity prices.
A Turn of Fortune for European Banks
/by Peter BrandtHuge H&S bottom patterns continue to form on the weekly graphs of some major European banks. UBS, Credit Suisse and Deutsche Bank are shown in the charts below.