{"id":156228,"date":"2019-09-26T16:59:55","date_gmt":"2019-09-26T20:59:55","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=156228"},"modified":"2019-09-26T16:59:55","modified_gmt":"2019-09-26T20:59:55","slug":"news-and-emotions-aside-this-is-where-stocks-and-metals-are-headed","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/09\/news-and-emotions-aside-this-is-where-stocks-and-metals-are-headed\/","title":{"rendered":"News and Emotions Aside, This Is Where Stocks and Metals Are Headed"},"content":{"rendered":"<div id=\"inves-1116173578\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 26, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><strong>By <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener noreferrer\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>If you follow the headline news, read multiple articles a day from different sources on the markets, and are human then you are likely underperforming the market in which you are trying to beat like gold, miners, the SP500 index or whatever it may be.<\/p>\n<p>The information I talk about below and in this video should be a real eye opener for those have not seen technical analysis in action, just how clear the we can see what the stock market, bonds, metals, oil and more will do next. Even at a time like this when the markets are gyrating all over hte place from week to week, we can still gauge our risk and be a winner.<\/p>\n<p>No matter where I go when someone asks me what I do for a living, the person asking has the same \u201cDeer in the headlights\u201d look on their face. I am a technical analyst and trade stocks and commodities for a living with zero external input other than what the price chart of an asset class has painted on the chart.<\/p>\n<p>Most people have never heard of technical analysis for trading or investing, and those that have heard about it think its some type of VooDoo and holds little value. The reality is technical analysis outperforms most of those who trade based on news, earnings, economic data etc\u2026<\/p>\n<p>Why? because all those things are very random data points and unpredictable. If they are important big\/smart\/insider money has moved into position to take advantage of this before the information becomes public. This is why good news for stocks gets sold into once released for example.<\/p><div id=\"inves-401934385\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>I started trading stocks when I was 16 years old in high school and fall in love with reading charts. Now, 23 years later I have no doubt in my mind technical analysis and trading systems are the absolute best way to trade and invest for growth. Dont get me wrong I spent years digging through company perspectives, reports, press releases and a few years of doing that was almost enough to make me hate trading as it become more like a job and less profitable.<\/p>\n<p>If you just want to cut to the point and know what and when to buy, take profits, and exit a position then <strong><a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=https:\/\/www.thetechnicaltraders.com\/new-trading-tools\/\">technical analysis is what you seek!<\/a><\/strong><\/p>\n<h3>How To Analyze Key Markets Every Morning<\/h3>\n<p>The analysis presented below covers the SP500, Bond, Utilities, Gold, Silver, Oil, and even Bitcoin. This is the analysis I share very day before the opening bell to keep you up to date with current market trends, potentially explosive moves, and set you expectations so you do not become overly emotional and exit a trade early from fear, or excitement.<\/p>\n<p>&nbsp;<\/p>\n<figure><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/5cNIaJg-8l4\" width=\"800\" height=\"425\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><\/figure>\n<h3>This Happened Later That Same Day \u2013 Washout Low<\/h3>\n<p>In the video above I talked about how the SP500 was setting critical support that day, and I did this before the opening bell at 9 am. We just take a look at what the market likes to do intraday with the price to shake traders out of their position and trigger their stop-loss orders just before a market reversal.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2019\/09\/CP_Pic1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-156231\" src=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2019\/09\/CP_Pic1.png\" alt=\"\" width=\"735\" height=\"553\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/09\/CP_Pic1.png 735w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/09\/CP_Pic1-300x226.png 300w\" sizes=\"auto, (max-width: 735px) 100vw, 735px\" \/><\/a><\/figure>\n<\/div>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><a href=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2019\/09\/runstops2.png\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-156232\" src=\"https:\/\/www.countingpips.com\/wp-content\/uploads\/2019\/09\/runstops2.png\" alt=\"\" width=\"760\" height=\"590\" srcset=\"https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/09\/runstops2.png 760w, https:\/\/www.investmacro.com\/forex\/wp-content\/uploads\/2019\/09\/runstops2-300x233.png 300w\" sizes=\"auto, (max-width: 760px) 100vw, 760px\" \/><\/a><\/figure>\n<\/div>\n<blockquote class=\"wp-block-quote is-style-large\"><p>I live and die by these three rules for my technical trading<\/p><\/blockquote>\n<h4>1. IDENTIFY\u00a0TREND DIRECTION<\/h4>\n<p>Trends are more likely to continue then they are to reverse. Draw trend lines on the long-term and short-term charts.<\/p>\n<h4>2. FIND\u00a0SUPPORT &amp; RESISTANCE<\/h4>\n<p>Identify critical areas of support and resistance on the price charts. Calculate Fibonacci percent retracements, advancement levels, and other measured moves.<\/p>\n<h4>3. TIME\u00a0CYCLES &amp; SENTIMENT<\/h4>\n<p>Use cycle analysis, investor sentiment, volatility, panic selling, greed buying, and price patterns to form accurate price forecasts to use for trading. <a href=\"https:\/\/www.thetechnicaltraders.com\/partners\/idevaffiliate.php?id=237&amp;url=https:\/\/www.thetechnicaltraders.com\/free-market-forecast-newsletter\/\"><strong>Opt-in to our free market trend forecast newsletter<\/strong><\/a><\/p>\n<h3>Reaching the Charts is Only Half the Equation<\/h3>\n<p>Focus Just On The Charts and Ignore All Other Data\/Opinions or else you\u2019ll end up with analysis paralysis.<\/p>\n<p>Traders contact me every day confused about which direction to trade. I can tell a couple things very quickly about their issues depending on how they state their problem or question, and its generally a simple fix, or answer that will get them back on track but analysis paralysis is one of the most common issues.<\/p>\n<p>The second half the equation for trading success is a topic most traders turn a blind eye to because it seems confusing, and, or boring. Risk management is the key to long term success and a portfolio value that always goes up and to the right. Believe it or not, its super simple, takes seconds to figure out what position size you should take in any given stock or ETF trade.<\/p>\n<p>In a future post, I am going to talk about how you can take half the financial risk while making 8x more profits. Stay Tuned!<\/p>\n<p>Chris Vermeulen<\/p>\n<p><strong>By <a href=\"http:\/\/bit.ly\/1zUUpun\" target=\"_blank\" rel=\"noopener noreferrer\"><u>TheTechnicalTraders.com<\/u><\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By TheTechnicalTraders.com If you follow the headline news, read multiple articles a day from different sources on the markets, and are human then you are likely underperforming the market in which you are trying to beat like gold, miners, the SP500 index or whatever it may be. The information I talk about below and in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-156228","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=156228"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156228\/revisions"}],"predecessor-version":[{"id":156233,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/156228\/revisions\/156233"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=156228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=156228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=156228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}