TradersLog Moving averages are among the most popular and widely used indicators. Moving averages are a method of smoothing price data and removing noise to visually depict and measure a trend. Moving averages are the basis of many technical trend following systems. The moving average is a trend following, lagging indicator – as the moving average
The Tri-Star is a three candle reversal pattern, consisting of three consecutive Dojis. The formation occurs after an uptrend or downtrend. In the case of a bullish Tri-Star formation the second Doji candlestick gaps below the first and third. In a bearish Tri-Star formation, the market is in an uptrend followed by three consecutive Dojis
Charles Dow never wrote a book containing his theory, rather it was set out in a number of editorials published in the Wall Street Journal. In 1903 S.A. Nelson compiled the essays into a book called The ABC of Stock Speculation. Dow Theory provideded the foundation and cornerstone of the field of technical analysis. Dow
By Jim Wyckoff, JimWyckoff.com “My work has gotten better due to simplifying my approach,” John J. Murphy, the veteran technical analyst, author and CNBC resident technical analyst, told a group of equities and futures traders attending the Technical Analysis Group (TAG) XVIII trading conference sponsored by Dow Jones Telerate in New Orleans. Murphy said he
Joe DiNapoli is a professional trader, author and well-known speaker. His book, Trading With DiNapoli Levels, provides a new and keen insight to technical analysis. His deep knowledge about the technical make-up of the markets can help any trader improve their market timing approach. Joe DiNapoli has been involved in the markets for more than