Tag Archive for: Webinar

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

Review of Chart Pattern Reliability Statistics and Opportunities in Global Markets - September 2022 Tech Charts Webinar

• Review of chart pattern statistics and discussion on chart pattern reliability covering the third quarter of 2022
• Review of global equity markets and latest opportunities
• Review of cryptocurrencies and latest opportunities
• 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. India has been in a sideways movement for a year. I know you've featured a bunch of names from here. Do you see this EM as an outlier of strength amongst most EMs? 48:45
2. I have been looking at the crypto ticker XLM/USD and XLM/BTC. It seems to be setting up a strong bottom. 49:39
3. I see you use MetaStock. Is there any specific reason? 51:08 (LINK for MetaStock)
4. Do you only trade the chart patterns? Do you wait for the confirmation for the price close? What do you do when closing diminishes the Risk reward relationship? 52:14
5. Would you be able to give me a stop loss (as you would use) for your India positions? 53:20
6. Can you go over the breakout setup in NOC? 55:06 (LINK ATR TRAILING STOP-LOSS) 
7. How important is EEM nowadays? Isn't it mostly made up of China tech? Isn't it better to look at individual EM ETFs rather than EEM? 57:05
8. In your weekly report for some index or stocks, you are using DEMA200 or DSMA200. It's a bit confusing which one to use. 57:43
9. Yen had a crazy day today. 58:03
10. Your thoughts on the continuing strength of the U S Dollar & its effect globally? 58:05
11. Could you give us your view on EWZ (brazil) and also an update on NIKKEI? It looks like a bull trap confirmed above the rectangle breakout. 59:38
12. Can you summarize any charts that look bullish? Everything seems bearish. 01:01:43
13. Can you please chart BBBY on daily? Is that a falling wedge from 8/17 to the present day? 01:02:08
14. How do you trade Turkey ETF? On a USD or at a TRY base? 01:03:51
15. On the BBBY monthly, is that a double bottom? 01:05:15

Educational Videos mentioned in this webinar 

• LINK for MetaStock
• LINK ATR TRAILING STOP-LOSS