13 Tickers with Henry Gambell

13 Tickers

One thing traders tend to think about too late in their pilgrimage to success is the list of symbols, or tickers they’re going to trade. I don’t think you should confine yourself to just stocks, so I’m being broad with the title of this, but you should really consider the products you’re going to trade … Read more

Another leg down for the Dow

Another Leg Down for the Dow?

Wednesday’s session wasn’t for the faint of heart. The Dow Jones Industrial Average fell 800 points from the previous day’s close, and as financial media was quick to point out, the largest loss in 2019. While that is a noteworthy statistic the index is no stranger to significant declines. In December, prices fell more than … Read more

The Shift In Tesla

The Shift In Tesla

TSLA has been on the run the past several weeks with shares gaining 10% in the last 5 trading days and 40% from the June 3rd lows. We’ve been able to participate in some of this bullish momentum using one of my favorite methods of technical analysis, Symmetry. In this case, Symmetry in Price. Symmetry … Read more

The Belly Button Level

The Belly Button Level

If you took the average human, let’s say 6’ feet, or 72 inches tall, and the top of the head was the high where we began our retracement and the lows (or zero) were his feet, then the .618 retracement would be “about” where you’d find the belly button. Think of it as more of an art than a science, and of course it does differ but I’ve found it to be generally true. More importantly I’ve found it helps me remember a key retracement in the analysis of swings in the market.

Trading Thanksgiving

While most normal humans use this week to begin embracing the holiday season and all the wonderful social detail it brings, myself and others like me continue to have a captivating relationship with the markets. On one hand, we allocate a fair bit of our existence to research, trading, and updating charts. Giving the mind … Read more

henry-confluences-header

Confluences & Correlations

Market correlations are an interesting field of study. There are times when correlations are extremely helpful in determining what might happen in a given market. Then there are times when correlations do nothing other than promote confusion and convince traders to hold onto a losing position waiting for said correlations to kick in. I try … Read more

timing-shift

Timing A Shift In Volatility

As we head toward Friday’s monthly expiration, I’ve watched, read, and discussed more opinions of the market than I care to rehash. To some degree I think that’s because we’re trading at such an extended range and “reversion to the mean” traders continue to argue a pullback while those that are riding the trend continue … Read more

Symmetry Setups

Symmetry is one of the most helpful concepts I’ve found in trading. As any student of the markets will tell you, “we’re trying to make predictions on the future based off analysis of the past”. Another way of saying it might be “If it’s done this before, maybe it has a chance of doing it … Read more