Tag Archive for: Trading

A Final Move

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The dominant chart construction in Gold continues to be the possibility of an inverted H&S bottom pattern on the weekly and monthly graphs.  Note: Some of you might have read that Ray Dalio (Bridgewater) is accumulating a sizable position in GLD. I believe Dalio will be right, but that he is early. See http://www.zerohedge.com/news/2017-11-13/ray-dalio-goes-gold-buying-spree-adds-575-gld-holdings-becomes-8th-largest-holder

 

 

 

I have written extensively about the possibility of a Q1 low at or just above 1200. The daily chart displays a possible continuation descending triangle. Depending upon how/time of day this pattern is completed I may be willing to take a shot at the short side.

 

 

SILJ – Jr.  Silver MinerETF chart hasbroken down

 

The weekly chart of PureFunds ISE Junior Miners (SILJ) displays a completed 14-month descending triangle. Factor is short with a target at 6.41

 

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Factor Membership

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Peter Brandt is a 40+ year veteran of trading.  Through his Factor Service, members receive:

checkTrading Commodity Futures with Classical Chart Patterns: A free PDF copy of Peter’s classic out-of-print book
checkWeekend Update: 10-16 pages full of in-depth chart analysis and charting commentary
checkAlerts: Detailed information on specific charts as unique opportunities present themselves
checkMarket Commentaries: Communications on specific topics regarding market speculation and trading distributed periodically
checkWebinars: Monthly member-only webinars where Peter speaks about current conditions and fields member questions
checkKnowledge Center: Fast and easy access to current and archived content from Peter’s extensive library of content
checkAutomatic notifications: Email and social media notifications are sent out when new content is published

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View your Factor Member options here. You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.   Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about.  For more information watch my 30 minute webinar where we cover the Factor service in depth.

I hope you will consider joining the Factor community.

Factor Trading - An Introduction

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A Collection of Member Q&A’s

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Member Q&A's with 40+ years of insight

 
The below are just a few (of hundreds) Q&A's we receive at the Factor Service.  We thought you might find some of these helpful.
Question:Peter, could you condense as briefly as possible the approach you take to trading? Read More
US Dollar Index - Peter Brandt

A Possible Turn in Direction

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$US Dollar Index

The US Dollar market continues to form a 3-month inverted H&S bottom on the daily graph.  I have been anticipating a right shoulder low for late October, so have I was hoping for a bigger dip into the right shoulder low.
I am earnestly seeking a buying opportunity in this market and will go long on an upside completion of the H&S bottom.
 
Crude Oil - Factor Trading - Peter Brandt

The Next Big Crude Oil Move

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 The Next Big Crude Oil Move
 The weekly continuation chart of WTI Crude Oil displays an 18-month H&S top pattern. This is a chance that the Sep 28 high will represent the high of the right shoulder.
 
Crude Oil - Factor Trading - Peter Brandt
Read More
Trading Performance - Factor Trading - Peter Brandt

The 3 Most Important Ways to Track Trading Performance

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Trading Performance

Human beings exist day-to-day in a world preoccupied by statistical measures, ranging from numerous personal health metrics (blood pressure, PSA counts, temperature, oxygen levels, heart rate, etc.) to standard weights & measures (gallons, pounds, meters, temperature, etc.) to determinants of economic well-being (GDP, unemployment rates, inflation rates, interest rates, balance-of-payments, etc.) to statistical definitions of every area of our lives. Modern society could not exist without measuring nearly every conceivable thing. Yet, many traders make no attempt to convert their Trading Performance into meaningful metrics. This is unfortunate because meaningful metrics are not simply interesting statistics – rather they can serve important functions:
  • Dictate and guide the development of trading strategy
  • Monitor trading outcomes against intended benchmarks
  • Diagnose potential problems
Read More
World Stock Markets

World Stock Markets – Perma-bears Beware

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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.   Read More

Factor Member Questions

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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 Member Answer: Read More
bullish on the US dollar index - Peter brandt - Factor Trading

Bullish on the US Dollar Index

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US Dollar Index

I remain bullish on the US Dollar index. Like every other chartist in the world, I am well aware that the DX penetrated the important line of support at 93.00 this past week. I had absolutely no desire to short the apparent breakout of this level. In fact, I believe the decline below 92.00 was a gigantic bear trap – bringing in new shorts and washing out stalled longs.

A chart showing the recent CFTC COT data is also shown. Commercials have the smallest short position and large specs (hedge funds) the smallest long position since June 2014 – the month of the last major low in the DX. I am willing to “bottom-pick” DX should the 93.10 level be retested. My goal is to establish a 60 BP position near the lower boundary of the rectangle in DX. My long term target in DX is 120.00. Along the way I would like to build to a 100 to 150 BP position.

 

$USD bullish on the US dollar index - Peter brandt - Factor Trading 1

 

$USD bullish on the US dollar index - Peter brandt - Factor Trading 2

 

$USD bullish on the US dollar index - Peter brandt - Factor Trading 3

 

Factor Membership is now available.  You could consider your membership in the Factor Service as just one more trade. If the Factor Service is not of value to you, well, it is just one more trade that did not work.   Through the Factor Service I endeavor to alert novice and aspiring traders to the many pitfalls you will face – and to offer advice on overcoming those pitfalls. My goal is to shoot straight on what trading is all about.  For more information, visit the home page here.

I hope you will consider joining the Factor community.

 

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Factor Report – March 13th

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Market Review

Factor Moves are currently ongoing in:
  • Gold
  • Japanese Yen
  • USD/NOK
  • Copper
  • AUD/NZD
A Factor Move was terminated in AUD/NZD. A Factor Move is developing in USD/SEK and New Zealand Dollars. This issue of the Factor also comments on the Soybean complex, Euro, Heating Oil, Canadian Dollars and global stock markets.

Factor Moves in Progress

 

Copper (daily chart)

After falling from a high of 465 in Feb 2011, it appears that Copper bottomed at 193.55 on Jan 18. The advance on Mar 1 confirmed a H&S bottom. I have upped the initial price target to 231.90. An eventual test of the Oct 2015 high at 244 is likely. Factor is long one layer. 1     Read More

Factor Report – March 13th

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Market Review

Factor Moves are currently ongoing in:
  • Gold
  • Japanese Yen
  • USD/NOK
  • Copper
  • AUD/NZD
A Factor Move was terminated in AUD/NZD. A Factor Move is developing in USD/SEK and New Zealand Dollars. This issue of the Factor also comments on the Soybean complex, Euro, Heating Oil, Canadian Dollars and global stock markets.

Factor Moves in Progress

 

Copper (daily chart)

After falling from a high of 465 in Feb 2011, it appears that Copper bottomed at 193.55 on Jan 18. The advance on Mar 1 confirmed a H&S bottom. I have upped the initial price target to 231.90. An eventual test of the Oct 2015 high at 244 is likely. Factor is long one layer. 1     Read More