Author: Dan
Guest Post by Trader Stewie: Using Smaller Time Frames to Unlock Hidden Patterns
This guest post was adapted from a private, members-only update that Trader Stewie from the Art of Trading shared with his subscribers. This is his perspective on using multiple timeframes to identify trends that you might otherwise miss, specifically why dropping down into shorter timeframe charts can help expose interest and actionable patterns and trading opportunities. […]
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Media Release: TrendSpider Announces Dynamic Chart Monitoring & Price Alerts
CHICAGO, IL — TrendSpider, a Chicago-based Fintech startup announced today that it has launched Dynamic Chart Monitoring & Alerts. With Dynamic Chart Monitoring, traders can instruct TrendSpider to automatically monitor any trendline or indicator for them, and alert them when the price touches, breaches, or bounces from it. Unlike other price alerts, TrendSpider can follow […]
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Using TrendSpider’s Multi-Time Frame Analysis with Trendlines
In this TrendSpider Strategy Guide issue, we will be covering one of the core strategies that TrendSpider enables and one of the most popular ways to use the system: Using Automated Trendline Detection with Multi-Timeframe Analysis.
The 9 Deadly Sins of Technical Analysis That Chart Traders Commit Without Realizing
The markets are competitive, and any edge you have can be easily eaten up by making mistakes in your analysis. Here are a few of the most common mistakes that traders make and some suggestions on how to avoid them. Remember, trading is extremely risky, but there are things you can do to increase your […]
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Best Practices: Our Recommended TrendSpider Workflow for Traders to Scan for Trade Opportunities
TrendSpider is an incredibly flexible tool that can be used on any timeframe chart to identify key price levels, trendlines, indicators, support & resistance zones, chart breakouts & breakdowns, and more, automatically. But how do you put it to work for you? What’s the best way to work it as a user? We recommend you […]
Why Eyeballing Charts for Trendlines is Disadvantageous
One of our ads has a headline that basically says: “Humans suck at drawing trend lines.” And this ad in particular has caused a bit of a stir on social media, so we thought that it would make sense to provide some more elaboration on what we mean. Here it is: Humans Suck At Drawing […]
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Trading Psychology Series: All About FOMO and the Dunning-Kruger Effect
Today we’re going to talk about trader psychology and FOMO… that thing we dread but sometimes trade on anyway for reasons we can’t explain, only to realize it later. You know, that thing!
Show 10,000 Traders the Same Chart…
One of the most common questions we get is: how does TrendSpider detect trend lines and what is the method behind it? In this post, we will try to explain this in some detail. A large part of our market analysis thesis is that there is a wide variety of interpretations for any given price […]
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Market Update Into 5/7: $SPY Indices Forming a Continuation Pattern
We here at TrendSpider have been watching $SPY closely. What we see here on the daily chart looks like a bullish continuation pattern. In this post, we will discuss why we think that is the case, and where we could be wrong.