Technical Analysis Articles –
Elliott Wave Theory can seem like a dream come true to traders. It offers traders a description of how markets should behave, with precise rules that help identify price targets in advance.
Over the years, analysts have spent countless hours looking for an edge in the markets. Much of that time has been devoted to finding new ways to measure momentum or find overbought/oversold extremes in the market.
A trading magazine recently published an article about a university that runs a FOREX fund as part of its undergrad business program. The students manage $2,500 in real money and learn how to trade.
When I developed the Volume Zone Oscillator (VZO) back in 2009, the main idea was to translate Dow’s basic tenets” Volume Goes with the Trend” to an oscillator.
The first step to becoming a successful trader is developing a sound foundation of tools and knowledge in which to trade. Whether you’re new to trading or been at it for years, the tools and strategies outlined here provide a solid foundation for a successful trading career.