Featured Posts

How To Structure a Trade Plan: WEAT

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This is a Clip from one of our Language Of Markets Live Sessions. I show how to structure a trading plan from beginning to end using a daily WEAT chart which is an ETF of the Wheat futures market. Having a plan of the things you can control goes a long way when it comes to your trading consistency and conserving phycological energy. See Foundations Of Trading Part 6 post for more on trade planning. Your trade plans will be unique to your needs but you can use this as a guide.

Basically, know your method and design rules for:

  • Entry: Know what gets you in
  • Initial stop: know where your stop goes
  • Money management: Know your position size and trade management after in trade
  • Exit: know what gets you out

The Gap on the Left

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In this video, I will show you a simple visual way to read the flow of the market. Big Gaps are easy to see on the chart, our eye naturally gets drawn to them. A gap is a quick supply-demand imbalance that pushes all the guessing traders (contraction) into or out of their positions (expansion). Use this simple framework to make observations then create your own ways to trade it using those observations.

How Swings Grow Up and Expand

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In these blogs, we have done a lot of work on mapping markets with swings. In this post, we will look at how minor swings grow up to be major swings and ways we can read and trade this dynamic. These will fall under the category of type 2 trades, expand then continue. Its a type of waiting outside the immediate price action that can be very relaxing. You can read about “The 3 Types of Trades” options on the Language of Markets home page.

One-Line Practice For Personal Insight

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In our live sessions, we spent much of the month learning to read and trade with just one line. We can anchor this line consistently on various components of the swings that we structure and then use it to learn. This is one of our simple practices that will enable your own personal learning and insight into how markets move. True learning must come from intuitive comprehension. Approach the practice with curiosity and discovery and leave expectations behind.

After The Storm: The E-Mini S&P Weekly

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In the previous post to “Mapping The S&P E-Mini Weekly. It’s About Them, Not You“. We calmly mapped the weekly S&P E-Mini with swings right into the apex of the storm. In this video, we follow up on that along with the weekly stocks mapped (AAPL, VRTX, AVGO, SQ, BAC, and GILD). I used 2 simple techniques, swings, and where price came from. It’s not the method that’s important, its the presence clarity it can bring to our trade decisions.

Mapping The S&P E-Mini Weekly

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We all see things differently and mostly experience markets through past personal experiences which distorts what is going on. We especially get our buttons pushed during times of high volatility and uncertainty. Mapping markets simply and objectively always needs to be the starting point, to orient ourselves to “What Is” rather than what we want or don’t want. It’s not a trader’s job to predict markets, it’s our job to follow and join them no matter what they are doing. In this video, I map out the E-Mini S&P weekly chart along with a few stocks, AAPL, VRTX, AVGO, SQ, BAC, and GILD.