Two terms you hear a lot about are support and resistance. Basically, they are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend.
Technical Analysis Articles –
Moving averages are among the most widely used and powerful technical indicators available. In this article we’ll cover how they can help you determine the trend direction, how they can be used as support and resistance levels and how they can be used as trade entry and exit signals. What are Moving Averages? Moving averages […]
In this article we’ll cover the fundamentals of Elliott Wave Theory. As a starting point we’ll explain a basic 5-wave impulse sequence followed by a 3-wave corrective sequence. This creates a complete Elliott Wave sequence, with a total of 8 waves. We’ll also discuss the fractal nature of Elliott Waves and rules for correctly identifying the […]
Words of wisdom from the mythical market timer behind Gann angles and the Square of 9.