One of the best ways to increase your chances of success on any specific trade set up is to look for technical confluence. The logic being that the more unrelated pieces of evidence that we can gather … [Read more...]
The Morning Star pattern is a candlestick formation that is often seen within the price action. It has a bullish implication and can often pinpoint a major swing low in the market. In this article, we … [Read more...]
One of first things that you will do as a beginning trader is decide which hardware and software requirements you will need. This includes questions such as should I use a PC or Mac to trade? How much … [Read more...]
Single stock futures are not as well-known as other types of derivative products in the market. These products offer traders the ability to bet on the future price movement of a specific stock, while … [Read more...]
The Shark pattern is a relatively newer discovery within the harmonic trading arena. It has a very distinct appearance, and specific Fibonacci relationships that compose the overall structure. In this … [Read more...]
One of the first things that new traders look for when they become interested in the financial markets is a platform that offers a paper trading feature. Beginning traders are certainly advised to … [Read more...]
Many traders rely on technical indicators and oscillators within their trading methodology. Most of the popular indicators are based on momentum. This includes indicators such as RSI, Stochastics, and … [Read more...]
The ultimate goal of traders is to get to a point where they become consistently profitable in the market. This however, does not happen overnight. In fact, it takes some traders many years to get to … [Read more...]
Prices within all major financial markets tend to move in a fairly predictable manner. This is all described within the context of the Elliott wave principle. Essentially, the market is composed of … [Read more...]
There are dozens of fundamental tools for analyzing the price of stocks. One of the more traditional methods for performing security analysis is based on the use of financial ratios. Financial ratios … [Read more...]