Technical Analysis
« Previous Entries Next Entries »Elliott Wave Theory Tutorial – “Bullish Market Scenario”
Wednesday, March 5th, 2008by Christian Shepard
I am writing this tutorial to show the basics of Elliott Wave Theory. I will not
show all the different variations of corrective waves and some other more advanced
charting of Elliott Wave Theory. I recommend reading more complete
Elliott Wave Theory material that will show all the intricacies involved in the
Theory. I have listed other [...]
Reviewing the Charts I – Elliott Wave Theory
Wednesday, March 5th, 2008by John Piper
Elliott is my primary method of analysis and it allows me to make most of my forecasts. It is a fairly simple theory and consists of two basic principles:
• Impulsive action consists of five waves – see figure X.1 below
• Corrective action consists of either three waves or a more complex pattern
But in [...]
Technical Indicators In Forex Trading – Understanding Their Limitations
Wednesday, January 9th, 2008By Jovan Vucetic
Forex traders often look at indicators such as Bollinger Bands, Pivot Points, MACD, Moving Averages and the such to help them determine where to enter or exit trades. Using technical indicators is fine, however many traders overemphasize their importance or just plain misunderstand them.Many forex traders think that they can simply download an [...]
Leading and Lagging Indicators, Achieving a Balance
Saturday, December 22nd, 2007by Joe DiNapoli
How would you like a trading methodology that gives you predefined entry levels, reasonably tight stops, and precalculated profit objectives as soon as you enter the move? We’re not through. Add to that a very high percentage of winning trades. This is not only the promise but it can also be the reality [...]
Stop Placement
Tuesday, December 11th, 2007by Joe Ross
Stop placement is where we separate the kids from the adults.
Stop placement is the sole responsibility of you as the manager of your trading business. It is one buck that you cannot pass.
You are the end of the line when it comes to placing stops.
Let me show you why you, and only you, [...]
High Probability Trading
Friday, November 30th, 2007by Neal Hughes – FibMaster
Even traders with limited experience start to realize that we are not trying to capture every market move. We want to improve our odds and reduce our frustration by filtering, for high-probability trades.
The combination of trend and Fibonacci techniques can provide powerful signals for higher probability trading. We already know [...]
Trading for a Living-Part 2
Thursday, November 29th, 2007By Geoff Turnbull
In part 1 of this article I started to look at the financial implications of giving up the day job to instead start trading full time for a living. There are more than just monetary considerations as we will see later, but for now, there are some more costs to ponder.
More Costs!
Let’s [...]
Taking Profits – A Logical Way
Tuesday, November 27th, 2007 by Neal Hughes – FibMaster
So much time is spent on entering a trade. Today I want to focus on some exit strategies. This is not a full Fibonacci course, so if you don’t understand the basics I suggest that you visit my website for help with those aspects.
Human nature makes trading very challenging. [...]