Key Trading Concepts and Strategies

360-Degree Approach

In uncertain markets characterized by high volatility or bifurcation (where certain sectors rally while others trend downward), adopting a flexible strategy that accommodates both long and short setups in real-time can be beneficial. For instance, in 2022, industrial metals experienced significant rallies amidst a bear market, making it sensible to take long positions in these metals while shorting weaker market areas. This simultaneous trading in different directions, depending on the specific setups and overall trend, is known as a 360-degree approach.

620 Chart Setup

This is an OWL tool featuring a five-minute chart with 6-period and 20-period exponential moving averages and MACD settings at (6,20,10,C). It includes pre-open and after-hours data in its indicators. For a practical discussion on using this chart, see "Tools of the Trade – the 620-Chart – The OWL Trader."

Accumulation

This is an OWL tool featuring a five-minute chart with 6-period and 20-period exponential moving averages and MACD settings at (6,20,10,C).

It includes pre-open and after-hours data in its indicators. For a practical discussion on using this chart, see "Tools of the Trade – the 620-Chart – The OWL Trader."