Exploiting the edge from historical market patterns
Wednesday, September 30, 2009
Quick Look at Oil
Note how oil is breaking out to multiday highs after basing over the last several days. That is buoying energy and raw materials shares, several of which have registered 60-minute highs and/or moves back above their VWAP recently. .
Author of The Psychology of Trading (Wiley, 2003), Enhancing Trader Performance (Wiley, 2006), and The Daily Trading Coach (Wiley, 2009) with an interest in using historical patterns in markets to find a trading edge. I am also interested in performance enhancement among traders, drawing upon research from expert performers in various fields. I have taken a leave from blogging starting May, 2010 due to my full-time work at a global macro hedge fund.