Weekly Trading Forecasts (June 24 - 28, 2013) There have been sharp reversals in the markets, as the EUR, GBP and other currencies got...
Let me get this straight are you saying T/A is almost like a lagging indicator. When we talk about double tops, triple tops , wedges , flags...
Yes, after recommendation from an expert trader i learnt this traditional indicator, its good to know the long term market trend and holds good in...
As RN says, it's the midpoint, or midline. If you're familiar with auction market theory, you know about trading ranges and value areas and...
The overall trend is down, the attempt to move up at the open failed, the preceding downwave was far longer than the upwave before, price failed...
Get off your high horse and put your ego in your pocket. Most successful short term trader use some type of T/A. The real successful ones use...
Thank you for posting a cleaner chart. Support is an area where buying pressure overwhelms selling pressure. More specifically, support is the...
You obviously didn't read what I actually said? I said you can draw the trend line however you want, but you have to be consistent. If you use...
That's just your opinion. Trend lines are subjective. There is no one "right" way to draw them. Drawing them so that they contain all of the price...
I'm sorry, dbphoenix, as I was unclear in what I wrote. I meant that had I waited to exit at the break of the intraday trendline at that time, it...
Nice trade. Could you explain it, a bit? I'm pretty clueless with options :D Some more calls: - Good resistance at 1600. - Good...
Not sure what you mean by "giveback" since it would have meant increased profit, but then we're talking about two instruments moving in opposite...
Thank you, dbphoenix. I am aware of the two swing lows to which you refer. I do have a limit order to take half of this position off at 41.63, a...
Well, if you're going to pursue patterns, you may be much less successful that you might be otherwise. Here, for example, you've entered a trade...
Thank you for the question, dbphoenix. By "technical analysis," I, myself, am referring to the analysis of price as recorded on charts or...
lol Sent you a PM! Plenty of free stuff out there. You really don't have to spend a dime learning this profession. Just need screen time...
After you develop your set of rules to trade, best to demo it starting with $2500, when you triple it, start again with $2500, do this 3 times and...
Every blind dog and its mother can id S&R Itâs what you do, in relation to what price does â that ONLY matters (and likely why you have two...
I feel like I am good at identifying these support and resistance levels. Maybe I am not as good at it as I think. Would you suggest a way I...
Thanks for your good words sir...
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