Archive for category: Video Series

Review of Chart Pattern Reliability Stats for 2023 and YTD 2024 - March 2024 Tech Charts Member Webinar

• Review of chart pattern statistics and discussion on chart pattern reliability covering the YTD numbers, 2023 and 7 year historical stats
• Review of global equity markets and latest opportunities
• Review of opportunities in the cryptocurrency markets
• Q&A

Live Questions from Members

1. H&S continuation, can you walk through an example? 56:00
2. What is the assumed stop loss used in the calculated success rates? If the success rate is based on a 20% negative move before reaching it, it is less meaningful. 1:00:24
3. You emphasize the importance of seeing multiple "reactions" to the pattern boundary. On your charts, some "reactions" are sharp v-reversals; others are just a few candles of "hesitation." How do you personally define a valid "reaction" to a boundary? 1:02:21
4. When do you move your stop to break even? 1:04:20
5. Do you have stats for different markets? Is the success rate roughly the same if one doesn't trade all signals worldwide? 1:06:14
6. What is your view on the current US$ Index (DXY)? 1:07:56
7. What are your thoughts on Copper (symbol HGcv1 on Metastock)? 1:08:42
8. In CVNA does price action have to correct itself after a gap up? 1:09:49
9. What is your typical yearly ROI with your trading strategy? 1:11:04
10. How do you manage your finances as a full-time trader? 11:11:43 (Helpful article on Factor's website, Peter L. Brandt - So you want to become a full-time trader )
11. The markets are at all-time highs. How do you guide trades at this point? 1:12:00
12. In a Type 4 breakout, what is the median, max and min loss you go for or have achieved? 1:12:43

Is Classical Charting Still Valid? - September 2023 Tech Charts & Factor Webinar

Join Peter Brandt and Aksel Kibar as they answer this question. 

• Chart pattern reliability statistics (what is performing better)
• Looking at today's markets from Richard W. Schabacker's perspective
• Markets of interests, what we are currently focusing on
• More on classical charting principles
• Q&A

Live Questions from Members

1. Is this strategy scalable? Are there any scaled funds (>$1bn AUM) that use Classic Charting exclusively? 55:17
2. Can this strategy be fully or partially automated via codifying the clearly defined classical charting defined principles? 58:08
3. After I started to look at the Stochastic Oscillator, I realized that most breakout from patterns occurs when the indicator is overbought/sold on a higher timeframe. Doesn't this affect somehow the reliability of the breakout, with a higher probability of a false breakout when this situation presents itself? 59:34
4. What does Profit Factor mean? 1:00:46
5. What are your thoughts on trading classical patterns on intraday charts 1h, 4h or even on 15-min? 1:02:49
6. Why do we focus so much on win rate (batting average). Don't we care more about "slugging percentage"? 1:05:04
7. Please explain all the Breakout Types again 1:06:13
8. I have a question for Peter. From your Factor Member alerts, I note that you rarely, if ever, trade the USDJPY (while Aksel's long-term chart shows a clear break out). I am curious to know if there is any reason or past experience or learning here? 1:07:47
9. In the past statistics, is there any overlap of patterns - head and shoulders continuation and then ascending triangle overlapping at the breakout point? Are they both included in the stats, or do you maintain the longer duration pattern? 1:10:06
10. Have you experienced a drawdown like this before? Is this typical in what you have seen in your past? And will you ever adjust your strategy during long stretches of losing trades? Are you sizing down during long losing streaks or shortening your PT or tightening/loosening risk? 1:11:13
11. Do you ever consider sitting entirely in cash when the breadth of the market is the way it is, and not seeing your breakouts work? 1:13:21
12. How many times will you let yourself reenter a position that stops you out and do you change the ATR breakout level? 1:13:32
13. Instead of trading a Forex currency pair such as AUD/CAD is it possible to create a synthetic forex position by trading the futures contracts for AUD and CAD, being long AUD and short CAD if you were trying to long /CAD, and short AUD and long CAD if you were trying to be short AUD/CAD. 1:15:04
14. To clarify, is Peter bearish on the Russell 2000? 1:16:47
15. Is it a 200-period moving average on the DXY chart? 1:18:01

How To Utilize Support & Resistance in Different Trade Setups - March 2023 Tech Charts Webinar

• Review of chart pattern statistics and discussion on chart pattern reliability covering the first quarter of 2023
• Review of global equity markets and latest opportunities
• Support and Resistance levels & actionable breakout/breakdown points on each classical chart pattern that is covered under Educational Videos
• Education/analysis of fine points on classical charting as we go through different charts/questions

Review of Chart Pattern Reliability Statistics - December 2022 Tech Charts Webinar

We are continuing our Member webinar series with chart pattern reliability and how the latest market conditions have impacted success rates on different chart patterns. We plan to have an interactive session and an open discussion to answer members' questions on different markets and specific charts of interest.

Webinar Outline

• Review of chart pattern statistics and discussion on chart pattern reliability covering the fourth quarter of 2022
• Review of global equity markets and latest opportunities
• Stop-limit orders and ideas on scaling in during breakouts and how it changes the risk/reward
• Open discussion answering member's questions on different markets and specific charts they want to discuss
• Education/analysis of fine points on classical charting as we go through different charts/questions

Live questions from Members

1. New member here. I like your data on win rate by pattern and breakout type. I know your targets are based on the chart patterns but have you looked at risk-reward ratios on your trades? In this current environment, I am happy taking some profits at 2:1 and thrilled when a 3:1 reward to risk is achieved. Also, how much risk do you place on a trade? Is it similar to Peter Brandt, and is it a certain percentage of account equity? 47:55
2. I remember seeing on Aksel's Twitter that he used a quiz to teach about movements and patterns. I found it very didactic to learn technical analysis. Are these quizzes also in the members' area? 49:17
3. SLIDE 43 - Where to check, ema or sma? 49:55 
4. Re. Gold: Looking at the monthly chart, can you comment on possible cup & handle? 50:45
5. Do you look at sectors and main trend in the market when deciding to take a trade? 51:16
6. How do you rate the technical situation of XETRA DAX? 52:25
7. How much importance do you give to institutional investors scaling in the stocks and how do you go about noticing their process? 53:14
8. For looking at chart daily or weekly or monthly? 54:52
9. In the poorly trending market would you suggest a tighter SL (high R:R, low win rate) or wider SL (Low R:R, high win rate) or is the strength of the market not relevant to SL positioning? 56:02
10. What time of day do you trade? Always at or near closing price? 56:59
11. How to know which support or res? right or wrong. 57:45

Educational Videos mentioned in this webinar 

• Moving Averages