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Tech Charts Year in Review with Aksel – Thursday, May 21, 830 am mountain

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Dear Tech Charts Members,

Tech Charts Year in Review. Aksel will compare the before and after of charts shared with Members over the last year. As always, we'll end the webinar with a live Q&A. 

Scheduled for: Thursday, May 21, 2020, at 8:30 am mountain (register below)

Tech Charts Year in Review – Year Three

  • A study on Chart Pattern Reliability with the available sample data over the past year
  • Chart patterns with horizontal boundaries have been more reliable compared with breakouts from chart patterns with diagonal boundaries
  • Long-term trends impact the number of bullish and bearish chart pattern setups and breakout opportunities
  • H&S tops, H&S bottoms and descending triangles have been reliable with breakouts from well-defined horizontal boundaries
  • Developing breakout opportunities
  • Live Q&A
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4 Types of Breakouts – March 2020 Tech Charts Webinar

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4 Types of Breakouts - March 2020 Tech Charts Webinar

We are continuing our Member webinar series with a review of 4 types of breakouts. 

Type 1 are breakouts that immediately rally to price target. Type 2 are breakouts that pullback to chart pattern boundary after the breakout but do not challenge the previously broken support/resistance. These two breakouts are relatively easier to manage when compared with the breakouts that experience a hard re-test (penetrating the chart pattern boundary after a breakout) and those that fail (Type 3 & Type 4).

We will review all 4 types of breakouts with recent examples and discuss strategies to manage each condition.

Webinar Outline
  • We will review some of those chart pattern breakouts that rally to their price objective without any pullback
  • We will review some of the breakouts that complete an orderly pullback to chart pattern boundary
  • We will look at some of the breakouts that experience hard re-test and challenge chart pattern boundaries
  • We will review some of the breakouts that failed off of the starting gate.
  • We will have a member Q&A at the end of the webinar.
Live questions from Members  
  1. I know you're a classical market technician, but with such a severe one-sided breakdown, are you ever tempted to trade something for a pullback even though you don't have a classical pattern? 36:21
  2. Does the speed with which a pattern breakout achieves the target price indicate that you should let the trade run? 37:24
  3. Can you find signs in the chart that could indicate what type of breakout is going to occur? 38:02
  4. Do you reduce your position sizing (i.e., instead of 1% risk per trade, 0.50% risk) during extended volatility like we're seeing? 39:42
  5. Can you explain how to calculate the trailing stop loss again? 40:10
    1. Additional links ATR Trailing Stop-Loss – H&S Top & ATR plug-in
  6. How do you incorporate sentiment measures (COT DSI etc.) into your decision making? 40:48  
  7. Do you think that in market conditions such as these, the probability of a failed chart occurring is higher? 41:02
  8. Do you ever circumvent your ATR trailing stop and place it below a newly formed chart pattern negation level that's above the initial entry position? 42:32
  9. I noticed that on one trade, you placed an SL at the bottom of a gap, but on another, you placed it at the top of a GAP. Do you have rules for deciding this? 43:50
  10. Is it possible to use this method for long term investing? If yes, would you use the same trailing method? 45:13
  11. Can the ATR stop rule be implemented in a trading platform? 46:19
  12. How do you determine your ATR length and multiplier number? Is it historical chart based and specific to a specific chart? Are commodities different than stock charts? 47:13
  13. As volatility during the day can be larger, have you used one ATR multiple for intra-bar & a lesser ATR multiple near the close, whereby one cancels the other OCO? 49:20
  14. Over the years, the ratio between reversal patterns vs. continuation patterns? Do you cap that ratio, or you let the patterns dictate what you have currently? 50:08
  15. Do you always trade long? Never short? 51:13
Recorded live 03.26.2020    Read More

Live Webinar and Q&A with Aksel – Thursday, March 26, 8:30 am mountain

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Dear Tech Charts Members,

We are continuing our Member webinar series with a review of 4 types of breakouts. Type 1 are breakouts that immediately rally to price target. Type 2 are breakouts that pullback to chart pattern boundary after the breakout but do not challenge the previously broken support/resistance. These two breakouts are relatively easier to manage when compared with the breakouts that experience a hard re-test (penetrating the chart pattern boundary after a breakout) and those that fail (Type 3 & Type 4).

We will review all 4 types of breakouts with recent examples and discuss strategies to manage each condition.

Scheduled for: Thursday, March 26th, 8:30 am mountain  (register below)

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Short-Term Chart Patterns Tech Charts Webinar

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Please enjoy this Tech Charts Member webinar recorded live December 12, 2019

Short-Term Chart Patterns - December 2019 Tech Charts Webinar

This webinar is a discussion on chart patterns that develop and complete on a short-term time frame, in the duration between 1 month to 3 months.

Webinar Outline

  • We will review some of those chart pattern breakouts that were featured in the Global Equity Markets report
  • We will review some of the conditions that are required for successful completion of different chart patterns both on daily and weekly time frame
  • We will look at some of the developing chart patterns
  • We will have a member Q&A at the end of the webinar

Live questions from Members  

  1. Do you use MA or EMA? 50:33
  2. I wanted to check if it is possible for you to include in your weekly report a performance of setup of your charts? 51:02 (Webinar mentioned A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years – September 2019 Tech Charts Webinar)
  3. Can the ascending or descending triangle be trend reversal patterns? 51:37
  4. Can you discuss success rates for weekly setups vs. daily? 52:37
  5. If the handle is a bit above the cup is the breakout level above the cup or above the handle? 53:48
  6. When you post a breakout alert on the website, is the red number dotted line a negation level or your initial stop loss? 54:17
  7. What's the ATR setting you use and do you check and adjust stops on a daily basis? 54:45 (Helpful link ATR Trailing Stop-Loss – H&S Top)
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Short-Term Chart Patterns – December 2019 Tech Charts Webinar

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Short-Term Chart Patterns - December 2019 Tech Charts Webinar This webinar is a discussion on chart patterns that develop and complete on a short-term time frame, in the duration between 1 month to 3 months. Webinar Outline
  • We will review some of those chart pattern breakouts that were featured in the Global Equity Markets report
  • We will review some of the conditions that are required for successful completion of different chart patterns both on daily and weekly time frame
  • We will look at some of the developing chart patterns
  • We will have a member Q&A at the end of the webinar
Live questions from Members  
  1. Do you use MA or EMA? 50:33
  2. I wanted to check if it is possible for you to include in your weekly report a performance of setup of your charts? 51:02 (Webinar mentioned A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years – September 2019 Tech Charts Webinar)
  3. Can the ascending or descending triangle be trend reversal patterns? 51:37
  4. Can you discuss success rates for weekly setups vs. daily? 52:37
  5. If the handle is a bit above the cup is the breakout level above the cup or above the handle? 53:48
  6. When you post a breakout alert on the website, is the red number dotted line a negation level or your initial stop loss? 54:17
  7. What's the ATR setting you use and do you check and adjust stops on a daily basis? 54:45 (Helpful link ATR Trailing Stop-Loss – H&S Top)
Recorded live 12.12.2019      Read More

Live Webinar and Q&A with Aksel – Thursday, December 12, 8:30 am mountain

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Dear Tech Charts Members,

Global Equity Markets report started focusing on shorter-term time frame chart pattern developments as well as long-term patterns. Short-term chart patterns are those that cover anything from 1 month to 3 months (according to Tech Charts Research), whereas longer-term patterns are from 4 months to 24 months. Short-term chart patterns are featured on daily scale price charts, and it is important to see and understand the price dynamics of those in comparison with weekly scale breakouts. We will dedicate this webinar to several short-term examples on different chart patterns such as cup & handle, ascending triangle, descending triangle, rectangle, H&S bottom, and compare those with similar developments on weekly scale price charts. I hope to touch on risk-reward, price target calculations, and breakout confirmation levels on all those chart pattern breakout examples.

Scheduled for: Thursday, December 12, 8:30 am mountain (register below)

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A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years – September 2019 Tech Charts Webinar

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A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years – September 2019 Tech Charts Webinar

Webinar Outline

  • We will review some of those chart pattern breakouts that were featured in the Global Equity Markets report 
  • We will review some of the conditions that are required for successful completion of different chart patterns 
  • We will look at some of the developing bullish continuation chart patterns 
  • We will continue to highlight Tech Charts members favorite chart pattern setups in different equity markets
  • We will have a member Q&A at the end of the webinar

Live questions from Members  

  1. On triangle breakouts, how important do you feel it is to clear the last pivot point (as opposed to buying the breakout immediately) before entering a trade? 1:07:49
  2. Could you please comment the HUI or GDX graph? 1:08:30
  3. You have been using SSE50 to analyze China. May I suggest including or start using A50? The reason is apparently the futures contracts trading on SGX. Or, is there a leveraged way to trade SSE50 other than CFD? 1:09:15
  4. Slide 2 – Is the moving average simple, exponential, or something else? 1:09:52
  5. Can you start posting the slides with the member webinar on the member site? It would be very helpful. 1:10:52
  6. H&S bottom reversal: it looks like from the examples that the downtrend line would be breached, retested and form the right shoulder and then breakout. The question, would it be advisable to take position after right shoulder(retest of the down trend line)? 1:11:09
  7. When a H&S has a neckline that is slanted left or right, to which point do you trade? 1:12:08
  8. Why three times 10-period ATR? Is it from experience, is this the best setting for Aksel’s time frame? 1:13:02
  9. Broadening triangle – It’s probably not worth taking a position but when a flat top broadening triangle forms in the downtrend, is there a bias? Example Canada government bond 2-year rate. Flat top broadening triangle formed from March, in the middle of the downtrend. 1:14:30
  10. How do you answer something like this: “I never thought buying breakouts was a good way to trade. Takes so many buyer s to get a stock through resistance. You don’t wanna be buying AFTER that…Pullbacks after the breakout or ahead of a breakout only for me.” 1:15:32
  11. When a premature breakout happens, and the stop is hit, if the breakout happens again, would you take the signal again? If yes, do you change the position size if the risk is lower this time (pivot closer to breakout level)? 1:16:47
  12. Have you calculated which patterns tend to assume which roles: continuation vs. reversal? 1:17:37
  13. Is there any suggestion, other than using the correlation table, which breakout signals to select from because you highlight many and they all look pretty good. 1:18:32
  14. What does on a daily closing basis mean – example when saying, “That the 3%-breakout-confirmation has to happen on a daily closing basis?” 1:19:14

Recorded live 9.15.2019 

 

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A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years – September 2019 Tech Charts Webinar

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A review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years - September 2019 Tech Charts Webinar Webinar Outline
  • We will review some of those chart pattern breakouts that were featured in the Global Equity Markets report 
  • We will review some of the conditions that are required for successful completion of different chart patterns 
  • We will look at some of the developing bullish continuation chart patterns 
  • We will continue to highlight Tech Charts members favorite chart pattern setups in different equity markets
  • We will have a member Q&A at the end of the webinar
Live questions from Members  
  1. On triangle breakouts, how important do you feel it is to clear the last pivot point (as opposed to buying the breakout immediately) before enter ing a trade? 1:07:49
  2. Could you please comment the HUI or GDX graph? 1:08:30
  3. You have been using SSE50 to analyze China. May I suggest including or start using A50? The reason is apparently the futures contracts trading on SGX. Or, is there a leveraged way to trade SSE50 other than CFD? 1:09:15
  4. Slide 2 - Is the moving average simple, exponential, or something else? 1:09:52
  5. Can you start posting the slides with the member webinar on the member site? It would be very helpful. 1:10:52
  6. H&S bottom reversal: it looks like from the examples that the downtrend line would be breached, retested and form the right shoulder and then breakout. The question, would it be advisable to take position after right shoulder(retest of the down trend line)? 1:11:09
  7. When a H&S has a neckline that is slanted left or right, to which point do you trade? 1:12:08
  8. Why three times 10-period ATR? Is it from experience, is this the best setting for Aksel's time frame? 1:13:02
  9. Broadening triangle - It's probably not worth taking a position but when a flat top broadening triangle forms in the downtrend, is there a bias? Example Canada government bond 2-year rate. Flat top broadening triangle formed from March, in the middle of the downtrend. 1:14:30
  10. How do you answer something like this: "I never thought buying breakouts was a good way to trade. Takes so many buyer s to get a stock through resistance. You don't wanna be buying AFTER that...Pullbacks after the breakout or ahead of a breakout only for me.” 1:15:32
  11. When a premature breakout happens, and the stop is hit, if the breakout happens again, would you take the signal again? If yes, do you change the position size if the risk is lower this time (pivot closer to breakout level)? 1:16:47
  12. Have you calculated which patterns tend to assume which roles: continuation vs. reversal? 1:17:37
  13. Is there any suggestion, other than using the correlation table, which breakout signals to select from because you highlight many and they all look pretty good. 1:18:32
  14. What does on a daily closing basis mean - example when saying, “That the 3%-breakout-confirmation has to happen on a daily closing basis?” 1:19:14
Recorded live 9.15.2019    Read More

Live Webinar and Q&A with Aksel – Thursday, September 19th at 8:30 am mountain

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Dear Tech Charts Members,

We are continuing our Member webinar series with a review of the most reliable chart patterns Tech Charts Global Equity Markets report featured over the past two years. We will go through numbers on chart pattern reliability. Since May 2017, Global Equity Markets report featured classical chart pattern breakouts. Out of those, most reliable were H&S bottom, rectangle, and descending triangle. We will review under which conditions these chart patterns reached their price objectives. 

Given the current market conditions, the webinar will review some of the important charts that are at inflection points. Global equities can start new medium-term trends and it is important to review some of the charts that could signal the beginning of strength.

Scheduled for: Thursday, September 19th at 8:30 am mountain (register below)

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Inverse Head & Shoulder and Head & Shoulder Continuation – April 2019 Tech Charts Webinar

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Inverse Head & Shoulder and Head & Shoulder Continuation - April 2019 Tech Charts Webinar
  • We will review some of those chart pattern breakouts that were featured in the Global Equity Markets report.
  • We will review some of the qualities we look for when identifying and differentiating H&S bottom and H&S continuation
  • We will look at some of the developing bullish continuation chart patterns
  • We will continue to highlight Tech Charts members favorite chart pattern setups in different equity markets.
  • Live questions from Members
Live questions from Members  
  1. Can we look at palladium, does recent price action indicate a topping pattern? 47:03
  2. Any thoughts on CVS? 48:07
  3. Can you talk about 285 in HK? My question is — the last nights close is 3% above the boundary, but it's also a candle with big upper wick. How do you handle an entry like this? 48:24
  4. Could you please address where you place stop losses? Do you use trailing stops? If so, how? 50:00 Link mentioned ATR Trailing Stop-Loss – H&S Top
  5. Peter seems to use just about any dipping movement as a right shoulder. Do you have conditions, strict or otherwise, as what counts as a valid right shoulder? 50:33
  6. In the continuation pattern, if we compare H&S to cup and handle, which one has better success rate in your experience? 51:46 
  7. Do you have any statistics as to the percentage of times H&S continuation patterns work? 53:35
  8. In H&S continuation pattern, do you ignore 200 Day MA totally? Some of them I noticed are really far above the long term moving average. Is that a concern? 54:49
  9. Do you regard H&S failure patterns as a valid tradeable pattern? 55:42
  10. With Peter Brandt’s retirement announced (April 2020), can you consider covering futures and commodities? Please. 56:59 
  11. While you are drawing boundary lines are you relaying more on candlestick close or candlestick high (on body or on wick)?  Is this discretionary and changes on pattern to pattern basis? Do you have some kind of method behind how you draw boundaries? 57:26
  12. When after breakout, a pullback below boundary, how long do you stick with it? All the way to failure point? Half way there? Do you study what % recover from a deep pullback below breakout? 58:40 
  13. Does pairs (ratio) charts can be followed and traded using the same classical patterns outlined here? 1:00:36
  14. Can you buy Singapore and Spanish indices via ETF? Futures? 1:01:33
  15. 200 Moving Average on your charts is 200 period Exponential Moving Average? Always 200 periods (200 weeks on weekly and 200 days on daily) or always 200 DAYS EMA on every timeframe? 1:02:21 
  16. Do you verify LT moving average on daily chart? Are you using the 200MA on daily chart 1:02:57 Link mentioned Moving Averages
  17. Could you discuss the significance of the divergence between SPX and the Russell 2000 - negative divergence (Russell underperforming)? 1:03:38
  18. Observations on RCI H&S setup? 1:04:52
  19. Do you have any observations on the use of options as a tactic to trade breakouts? 1:05:31
  20. By "Moving Average" is that the Simple Moving Average, or something else?1:05:44 Link mentioned Moving Averages
Recorded live 4.18.2019    Read More