Archive | Technical Analysis

Technical Analysis Articles –

Harmonic Elliott Wave

INTRODUCTION There is no doubt Elliott Wave is one of those techniques that traders either love or hate. For some it’s almost a status symbol to be able to count waves. Others find it just too hard. I have looked over some online Elliott Wave forums on an occasional basis just to have a look […]

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Williams %R Introduction

Williams %R is based on a similar concept to RSI – measuring the latest close in relation to it’s price range over a given number of days. The same concept apply to this indicator, the divergence of the indicator with price in extreme areas being the most imortant.

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Wave 59

If you are trading using the same moving averages and stochastics indicators as everyone else, maybe it’s time to take a look at some of the revolutionary tools in Wave59. For example: The 9-5 Count – tracks price cycles (not time cycles) to determine future turning points. When a price cycle ends, the market makes […]

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Significance of Volume in Trading

Volume refers to the number of contracts of a security that are traded at a given time. In the context of technical analysis, trading volume is a significant indicator that is used to measure the strength of an upwards or downwards movement. A market move that is accompanied by heavy volume is considered technically significant. […]

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Trading involves substantial risk of loss and is not suitable for all individuals. Past Performance is not indicative of future results.