Your systematic approach
of following the price action has opened up a world of possibilities I never perceived.
Not exact matches
Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the
following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability
of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost
of accommodating, announced increases in the build rates
of certain aircraft; 6) the effect on aircraft demand and build rates
of changing customer preferences for business aircraft, including the effect
of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result
of global economic uncertainty or otherwise; 8) the effect
of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution
of key milestones such as the receipt
of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation
of our announced acquisition
of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future
pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability
of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk
of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production
of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts
of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak
of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact
of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase
price for our announced acquisition
of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect
of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect
of changes in tax law, such as the effect
of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations
of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect
of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability
of raw materials and purchased components; 23) our ability to recruit and retain a critical mass
of highly - skilled employees and our relationships with the unions representing many
of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment
of interest on, and principal
of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness
of any interest rate hedging programs; 28) the effectiveness
of our internal control over financial reporting; 29) the outcome or impact
of ongoing or future litigation, claims, and regulatory
actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition
of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result
of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks
of doing business internationally, including fluctuations in foreign current exchange rates, impositions
of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Based on the above explanation
of our short selling methodology, our anticipated entry into $ GLD (or buy entry into a «short ETF») is now a bounce to near the $ 150 level that is
followed by the first subsequently bearish
price action.
If the
price action follows through to the downside today (January 30), then bearish short - term momentum will likely take the index down to the 4,000 area (support
of the December 2013 lows).
In this February 22 post on our trading blog, which was published immediately
following two days
of heavy selling on February 20 and 21, we said, «If and when the S&P attempts to bounce from its current level, the subsequent
price and volume
action that immediately
follows any recovery attempt will be extremely important at -LSB-...]
As anticipated,
price action followed through to the upside over the next few days, and quickly cleared the high
of the wide - ranged reversal candle from March 12.
But if a stock or index trades below the prior day's low (on the next day
following a break
of the 20 - EMA) and continues lower after the first opening hour, the
price action may be headed for a deeper correction that could lead to a longer consolidation period.
This site is run by a community
of traders that
follow Al's
price action trading methods.
When you learn how to interpret subsequent
price action that
follows the touch
of a 20 - EMA, this stellar indicator can be used by swing traders as the proverbial «line in the sand» for knowing whether or not a trend is maintaining very bullish momentum.
In the event
of a change
of control (as defined in the plan), the compensation committee may, in its discretion, provide for any or all
of the
following actions: (i) awards may be continued, assumed, or substituted with new rights, (ii) awards may be purchased for cash equal to the excess (if any)
of the highest
price per share
of common stock paid in the change in control transaction over the aggregate exercise
price of such awards, (iii) outstanding and unexercised stock options and stock appreciation rights may be terminated, prior to the change in control (in which case holders
of such unvested awards would be given notice and the opportunity to exercise such awards), or (iv) vesting or lapse
of restrictions may be accelerated.
That is why it is so hard for technical traders, and those who
follow the ticker tape, to get a grasp
of where
price action will lead a stock.
Still, the recent bottoming
action in gold
prices in 2014 matches the bottoming
action of the SP500 in 2010, in the months
following the May 2010 Flash Crash.
This next chart is a daily combo chart we've been
following for some
of the US stock market indexes which is showing some interesting
price action.
Hence, after studying the charts for some 20 years and watching what market
action has
followed the appearance
of Broadening
Price Patterns, we have come to the conclusion that they are definitely bearish in purport, that, while further advance in price is not ruled out, the situation is, nevertheless, approaching a dangerous s
Price Patterns, we have come to the conclusion that they are definitely bearish in purport, that, while further advance in
price is not ruled out, the situation is, nevertheless, approaching a dangerous s
price is not ruled out, the situation is, nevertheless, approaching a dangerous stage.
The third possibility — which features both the biggest potential risk and the most intriguing possible payoff — would have investors play the possibility
of a true «spike» in gold
prices through the purchase
of a long - dated gold call option, perhaps one
of those traded by the Chicago Mercantile Exchange on gold futures (see the «
Actions to Take» section that
follows).
Regardless
of what type
of trading system you
follow, one
of your most important keys to success is disciplining yourself to merely react to
price action, rather than attempting to predict it.
Still, there is a clear speculative element in day - to - day market
action here, as trend -
following investors remain heavily focused on very specific
price levels, which can trigger short - term bursts
of buying and selling pressure.
Gold's punk
price action this week has turned me mildly skeptical, but I'll
follow the bullish lead
of a chat room denizen who saw encouraging signs on Thursday.
While it is important to
follow the
price and volume
action of broad market averages like the S&P 500 or Nasdaq Composite, you should not focus only on these charts to determine the health
of the market.
The
following daily chart
of Powershares Nasdaq Trust ($ QQQ), as an ETF proxy for the Nasdaq 100 Index, shows that the
price action in this ETF has been contained by a relatively tight ascending trend channel (annotated by the red lines) since forming its «swing low» support level on June 4.
Yesterday's highly volatile
price action, which
followed sharp declines in the two previous sessions, was the leg down that saw the stock touch the 50 % retracement level
of the 2015 range.
New York Attorney General Eric Schneiderman has begun to take legal
action against incidents
of illegal
pricing following the snow emergency in Western New York.
-- Four pages
of seasonal selections —
of stocking filler bargains from The Automobile / Lanchester's Luxury Ten — Jonathon Wood continues his series on family cars with a quality car that lacked performance / Right Car Right
Price — David Hawtin
follows the rebuild
of a 1905 Rambler / The Road to Reims — Douglas Blain reports on The Automobile's most successful tour — The Millenium Champagne Tour / 2000 Mile Trial — In an Automobiles in
Action special we
follow some intrepid drivers and their cars to the Artic / A Vendre en France — David Howard reports on an auction French style / Oldham's Own — Michael Worthington - Williams on a successful Lancastrian car manufacturer — Rothwell / English Chevrolet — The Editor takes the wheel
of an E series Vauxhall Wyvern.
However, I know from emails that I get that a lot
of people who
follow me think that «
price action trading» means trading any old
price action setup; they seem to totally ignore the market context that the setups occur in, which is actually just as important, if not more than the individual setup itself.
You really don't have to take my word for it though, check out some
of my free forex videos, forex strategies, or
follow my free daily forex trading commentary if you would like to see for yourself just how powerful forex candlestick charts combined with my
price action setups can be.
The
price action is all that really matters, and anything that can affect a market will be reflected in its
price action, so
following news reports and analyzing them is really a waste
of time that can easily cause you to become fearful for no reason.
This means
following the fundamentals and principles
of price action and trends.
For every small cap like Quadrant 4 System (NASDAQ: QFOR) that is up more than 800 percent for the last 52 weeks
of market
action, there are great publicly traded companies in that group like SoupMan (OTC: SOUP), LaborSmart (OTC: LTNC), and Americas Petrogras (OTC: APEOF) that have increasing revenues with the stock
price not
following as it seemingly should.
Good stuff Nial as usual, I hope to be subscribing to your service next year,
price action IS the real deal and I hope to get somewhere near to your levels
of success by
following your teachings.
If you have been
following my blog for any length
of time, you should know a little bit about how I trade with
price action, if you don't, click here.
You can
follow the discussion on Benefits
of Trading
Price Action with Indicators without having to leave a comment.
These events have, on average, been
followed by three days
of upside
price action in JD — and then by declining
prices over the next couple
of days.
The short answer is that I
follow a handful
of highly - liquid, major markets that provide me with the best
price action trading opportunities.
Commit yourself to 12 months
of continued study
of price action trading,
follow the teachings in my trading course and daily commentary and fine - tune your own personal
price action trading skill.
Thank you to sharing this article.I
follow your site every day that help me for trading in the market.Now i am a perfect trader
of price action.
These words make the most sense
of all, and I must have looked at nearly every strategy and method that is out there and I know this to be true, Indicators do not work and
price action does work, I
follow your daily analysis and it makes ultimate sense and it works, keep up the good work
Trend
following is a large part
of my
Price Action Forex Trading Course and
of my general trading strategy.
Here's an example
of this... Notice how there was a powerful directional (down) move
followed by a period
of choppy
price action or very tight consolidation / back and filling (all mean the same thing)...
By simply back - testing using strategies such as
price action, it's apparent that if you had
followed the protocol
of price action, you would have been successful a majority
of the time.
Trend
following price action is an alternative to participating in the randomness
of trying to make buy and sell decisions by calculating fundamental valuations in the hopes that the market will agree at some future date.
The chart below shows us another good example
of a pin bar buy signal that formed at a support level and was then
followed by slow / grinding
price action before the big move higher took place.
Hence, instead
of blindly
following price action trading strategies
of (purportedly) successful traders, learn from them what makes sense to you.
For any one person to believe they can predict anything is the height
of arrogance, all we can do is
follow price action wherever it takes us.
2/5/16 Consolidation in the Short Term Downtrend 1/29/16 Short Term Reversal Higher 1/22/16 Bounce in the Downtrend 1/15/16 Continued Downtrend 1/8/16 Continued Downtrend 12/31/15 Short Term Downward Bias in the Long Term Consolidation 12/24/15 Short Term Upward Bias in the Intermediate Downward Move 12/18/15 Continued Move Lower 12/11/15 Short Term Downward Bias in Consolidation 12/4/15 Consolidation in the Long Term Uptrend 11/27/15 Consolidation in Short Term Uptrend 11/20/15 Continued Short Term Uptrend 11/13/15 More Downside Short Term 11/6/15 Continued Uptrend 10/30/15 Possible Pullback or Consolidation in the Uptrend 10/23/15 Uptrend Continues 10/16/15 Continued Short Term Uptrend 10/9/15 Continued Upward
Price Action 10/2/15 Short Term Strength in Consolidation
of the Down Move 9/25/15 Short Term and Intermediate Term Downward Bias 9/18/15 Consolidation
of the August Plunge with a Downward Bias 9/11/15 Continued Tightening Consolidation with a Short Term Upward Bias 9/4/15 Consolidation in the Pullback, Watching for Direction
of Break 8/28/15 Short Term Bounce Continues Watching for Reversal if no
Follow Through 8/21/15 Continued Downside with Possible Oversold Bounce
After studying and
following demo trades for a year and a half, I am only beginning to feel confident and demonstrate a level
of consistency after going with
price action and dumping the indicators.
The
following testimonial is from an existing trader who has chosen to continue with their existing strategy, enhanced through the use
of one key principle from the YTC
Price Action Trader methodology... that
of the Trapped Trader...
This site is run by a community
of traders that
follow Al's
price action trading methods.
When conditions are usual and
price action dulls down past the first couple
of hours
following successful trades, share your stories about profitable mornings and improving golf scores in the afternoon.
This article will
follow a typical trading day, broken down into a series
of charts, to demonstrate how to use
price -
action lines for entries and exits.
Today's open hinted that
price action might not be the strong signal to
follow... We examine the psych
of why today's open still shows a clear bear signal even though we technically broke into a «reversal
of trend» from bearish to bullish on the larger time frames.