Tackle Today: Charting with multiple time frame analysis
June 9, 2020
When you are reading charts, the most common time frame to look at is the daily candlestick chart. But that is not enough to evaluate the true conditions of technical analysis.
Trading insights in five minutes. Everyday.
We love communicating with our students and Tackle Daily is our daily email we send out Monday through Saturday. This five-minute read is designed to kick off your day the right way. You’ll find out what is happening at Tackle Trading on that day along with our market thoughts, a chart of the day and other inspirational items. If you missed any of our previous emails, you can find them here.
June 9, 2020
By Tim Justice
When you are reading charts, the most common time frame to look at is the daily candlestick chart. But that is not enough to evaluate the true conditions of technical analysis.
June 8, 2020
By Tim Justice
Here is a breakdown of the economic reports, Fed speeches and key earnings reports this week. Naturally, we will be here all week to break down the action in all of our shows.
June 5, 2020
By Pearl Li
Can I be blunt and tell you that the market does not have to make sense to you. It does not have to make sense to any of us. Even the smartest human cannot make sense of it, so let your brain take a break and just accept it as a chart analyst. Trade the chart guys. There is no other answer. None of us really know what is going on or what’s going to happen. The only thing left is price action. So, let price action be the king and follow the trend.
June 4, 2020
By Tim Justice
To promote community involvement and discussion, I am giving each of you a simple challenge.
June 3, 2020
By Tim Justice
Pattern recognition is an important technical skillset to develop if you are a chartist. But visual patterns are not the only patterns that develop in the financial markets. Behavioral patterns also can give a trader who is locked in on price action an edge when developing strategies. Over the years, patterns of behavior can be identified in different conditions and traders with a smart edge and keen eye can spot them and take advantage of them.
June 2, 2020
By Tim Justice
Over the last few months, several companies have benefited from the Shelter in Place orders that have been imposed by governments. The ‘Stay at Home’ trade has been a common theme that has driven money into many different types of companies. DocuSign, Teledoc, Draft Kings, Wayfair, Shopify and Amazon all come to mind. But it could be debated that Zoom Video Communications (ticker: ZM) might be the one company that has caught the attention of the public more from this lockdown than any other.
June 1, 2020
By Mark Justice
Here is a breakdown of the economic reports, Fed speeches and key earnings reports this week. Naturally, we will be here all week to break down the action in all of our shows.
May 29, 2020
finally caught up to Michael Jordan’s mini-series The Last Dance. Out of the countless hours spent watching TV during this Rona stay at home order, by far watching this series was the best 10 plus hours spent sitting on my couch.
May 28, 2020
By Tim Justice
Last night, Coach Tyler Craig held a webinar on our YouTube channel where he taught the community how to use options to scale in and out of positions. It was a fantastic show where he explained the pros and cons to an approach like this.
May 27, 2020
By Tim Justice
Yesterdays breakout on the market was impressive. Many sectors and industries who had been underperforming had a nice run up. This morning, we are seeing some carry through and prices continue to test these higher levels. The big battle between Bulls and Bears today on the S&P 500 will be right at the 200-day Simple Moving Average.
May 26, 2020
By Tim Justice
The S&P 500 is breaking out of resistance today.
May 22, 2020
the first thing of primary importance would be when it comes to investing to share with friends, family, and anyone new that might be reading this or serve as a reminder for you veterans out there. It all comes down on to one thing, principals. Like in everything else we do in life, we have principals or guidelines that we apply every day.
May 21, 2020
By Tim Justice
≈ Are you prepared for bullish or bearish? ≈ Traders, The markets have pressed up against resistance this week as traders and investors are trying to get clarity on the depth of the economic damage from the last two months while also considering the expansive economic stimulus programs from the Federal Reserve and Federal GovernmentREAD MORE
May 20, 2020
By Tim Justice
Trading is a skillset that requires lots of education, practice, application, and discipline. The most skilled trader in the world can be broken at the knees if they practice poor risk management. Money Management is a broad topic, that extends to thinks like reward, risk, position sizing and more.
May 19, 2020
By Tim Justice
The SPY is now pushing up against a key resistance zone. Support and resistance are important price levels for any trader to track on the companies and key charts that they watch.
May 18, 2020
By Mark Justice
Retail earnings come in a flurry this week while Jerome Powell hot off his 60 Minutes interview is scheduled to speak twice this week. Here is a breakdown of the economic reports, Fed speeches and key earnings reports this week. Naturally, we will be here all week to break down the action in all of our shows.
May 15, 2020
By Greg Holmes
Take a look at the chart of the day, this is what a good equity curve looks like. It has its ups and downs but over time the rewards are available to those who provide service! The red line is what we want but the blue line is what we get!
May 14, 2020
By Tim Justice
≈ An important technical price point ≈ Traders, Jobless claims data came in this morning which propelled the market to sell for another day (at least at the open) following a few days of red across stock prices. The broad markets are mixed over the last few weeks, with general strength in communications and technologyREAD MORE
May 13, 2020
By Tim Justice
≈ Turn a Long Call into a Bull Call ≈ Traders, Traditional Bull Call Spreads have risk and reward based on the entry price, the spread distance and can be measured through a risk graph. When a trader buys a long call first, and builds some profit, they can then sell the short call laterREAD MORE
May 12, 2020
By Tim Justice
≈ Some sectors are up big while others stall ≈ Since the beginning of May, some stocks and sectors have been extraordinarily strong while others have stalled. When one area of the market is moving, while others are not, it is ‘Sector Rotation’. Generally, traders and investors rotate from one sector to another when theyREAD MORE
© Tackle Trading 2024 All rights reserved