Dancing with the Trend

December 2018

Dancing with the Trend

Help! I've Fallen and I Can't Get Up

by Greg Morris

Well, what do you think of 2018 so far?  As a trend follower, it has been difficult.  Reminds me of 2011, which happened to be the worst year my 25-year-old model has ever had.  Chart A shows the Dow Jones Industrial Average for all of 2011 with some data before and after that.  The blue filtered wave (zig-zag) is showing all moves of 10% or greater and the red filtered wave shows moves of 5% or greater.  When you cannot see the blue line, it is because it is the same as the red line.  The blue shows there were 2 big down moves before the market Read More 

Dancing with the Trend

Article Summaries: 9/2018 - 12/2018

by Greg Morris

Periodically I write an article, such as this one, that reviews the past few months of articles.  Why on Earth would I do this?  Primarily for two reasons.  One is that many new readers are involved and often they do not go back and look at the past articles.  Two is that my articles are rarely tied to anything that is happening in the markets.  Generally, they are about experiences I have had as a technical analyst for 45 years; the good, the bad, and the ugly. You can think of my articles as sections in a book.  You can click on the headers for a link to the Read More 

Dancing with the Trend

Interview with Japanese Trader: Takehiro Hikita - Part 2

by Greg Morris

This is the final part of an interview with Takehiro Hikita; see the first part here. Mr. Takehiro Hikita has graciously provided me with a large amount of insight into the candle pattern philosophy.  I have never met anyone so devoted to the detailed study of a concept as he.  He started using candlestick analysis many years (decades) ago, in fact, all of his charting was done by hand until personal computers became available. During a trip to Japan in January 1992, I studied the candle philosophy and interpretation with Hikita-san.  I also maintained Read More 

Dancing with the Trend

Interview with Japanese Trader: Takehiro Hikita - Part 1

by Greg Morris

This is a lengthy interview, so this article will be the first half, followed next week by the second part.  Mr. Takehiro Hikita has graciously provided me with a large amount of insight into the candle pattern philosophy.  I have never met anyone so devoted to the detailed study of a concept as he.  He started using candlestick analysis many years ago, in fact, all of his charting was done by hand until personal computers became available. During a trip to Japan in January 1992, I studied the candle philosophy and interpretation with Mr. Hikita.  I also Read More