Briefing.com Style Guide:Chart Trader

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Briefing.com Style Guide: Chart Trader - CHART

Briefing.com utilizes custom tickers for our Live In Play^® page to make it easier to search, set alerts for, and follow a specific investing or trading style.

In this article we highlight Chart Trader - CHART, authored by senior market analyst Brett Manning, who provides technical and sentiment commentary on market and macro events and also provides trading calls with a top-down, inter-market focus. CHART coverage can be found on our Briefing Trader service.

I'm in the intuitive/tape reading camp here. I work from the top down, tracking and trading patterns across asset classes. Generally, my own trades are placed in futures markets, but I try to post them in the form of ETFs when applicable to make it easier for traders of any experience level to participate if they want.

My primary trading focus is domestic equities futures via the e-minis (ES, NQ, YM). But I also regularly track and trade commodities markets (usually stick to gold, silver, crude oil, natural gas, and copper) and currencies (generally the euro, the yen, and the australian dollar). I give my outlook on my focal markets each morning between 9:00 and 9:15 in my column, The ETF Daily Notes, and once every couple weeks in my ETF ChartBook column. And I post intraday commentary, trading calls, and position updates under my 'CHART' ticker.

I used to trade individual stocks quite a bit, but the markets have undergone a mechanical and structural change that has pushed me up the market heirarchy one notch to asset classes to find a consistent edge (though I do occasionally trade very liquid stocks in strong trends, but almost never small caps). Incidentally, I may be shifting back more and more to individual stocks as the current trend progresses.

Generally speaking, my trading is rooted in playing short timeframe setups in the direction of a larger timeframe bias. The larger bias is often driven by a mixture of sentiment data and technical analysis, while the short timeframe entries are taken based on patterns on the 1,3, and 5 minute charts, and come from a mixture of tape-reading and pattern analysis. My idea of technical analysis is about finding where the institutional money is, so I concentrate on trendlines and how prices respond to news and key levels. I don't really use indicators or moving averages. But I do use some elliott wave and fibonacci analysis

Moreover, an easy way to get a strong feeling for my assumptions and methods is my hour-long trading webinar conducted some months ago. Feel free to email me anytime at bmanning@briefing.com.

--Brett Manning, Senior Market Analyst

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