Published in September 2nd, 2010
BarroMetrics Views: What A Difference A Day Makes
On Wednesday, the papers were filled with doom and gloom and filled with stories about the ‘certainty’ of a double dip recession. Today we are told that figures yesterday in the US and China have negated the ‘double dip’ at least for the moment.
If ever there was a […]
continue reading.....
Published in August 25th, 2010
BarrosViews: The Nature of Price Action
I was listening to an interview of S James Gates Jr. During the interview he said (more or less): “Many believe science is about truth; that is a misconception. Science is about providing the best possible explanation of what we observe”. The assumption is the explanation is based on the […]
continue reading.....
Published in August 5th, 2010
BarroMetrics Views: Insights from Wyckoff and The Profile
It’s been a week for mail. The offer of ‘free coaching’ from the attendees from the Intensive Training Seminar brought a ton of mail. This was closely matched by questions regarding the Wyckoff and the Profile.
Time prevents me from answering the questions individually. I think the best way […]
continue reading.....
Published in August 3rd, 2010
BarroMetrics Views: A Blogger’s Paradise
I started this blog to help readers of Nature of Trends (NOT) understand my ideas and to gain greater insight on how I applied the concept. Of course, my objective has expanded over time. Nevertheless, my original aim is still the main one.
Now, I don’t always find it easy to write […]
continue reading.....
Published in July 26th, 2010
BarroMetrics Views: The Tubbs Model
In the 1920’s Frank Tubbs wrote his much respected Tubbs’ Stock Market Correspondence Lessons. His model of price action remains as valid today as when he wrote it. Figure 1 shows the model. When trading, I start an analysis by asking:
What is the trend of the trader’s timeframe?
Is it likely to […]
continue reading.....
Published in July 21st, 2010
Woody Allen once said a stockbroker is someone who invests your money until it is all gone. We are conditioned to think an investment is safe and sensible but it is often not the case. The wise man is an investor who shuns wild speculation and abhors foolish gambling.
What about a trader? […]
continue reading.....
Published in July 13th, 2010
BarroMetrics Views: How to Draw Angles of Ascent
Peter said: ” I follow the principle but can’t figure out how you calculate the angle measurements - can you possibly elaborate how you calculate them.”
Pete, thank you for your question.
At first brush, the answer seems simple enough. The 12:00 is straight up, so 12:15 would be 90%. […]
continue reading.....
Published in July 9th, 2010
BarroMetrics Views: Angles of Ascent
In this Blog, I review ‘angles of ascent’ as a tool for measuring momentum.
As a general rule, I seek to avoid indicators in my trading. So, I don’t use momentum indicators like RSI, MACD etc. Instead to assess momentum, I prefer to use ‘angles of ascent’ as shown by the Linear […]
continue reading.....
Published in May 28th, 2010
BarroMetrics Views: Ebb & Flow Management II
Last night in the S&P provided an great example of what I was referring to in my previous blog.
I was looking for the S&P to hit a minimum target at 1037 to 1019 with a preferred target at 1019 to 1025. This meant that as far as Maximum Extension […]
continue reading.....
Published in May 24th, 2010
BarroMetrics Views: Identifying Pauses
One of the stronger features of the Barros Swing approach is its ability to identify short-term complex correction boundaries. To do this, we need to be aware of three tools:
The 1-period swing
The idea that a retracement of a sideways market needs to be at least 78.6% of the boundaries of congestion and
That […]
continue reading.....
