Forex Swing Trades on the Radar–June 26 While a number of pairs such as the USD/JPY, EUR/USD and USD/CHF remain stagnant as they await their next trending move, a number of pairs have strong trends going on. NZD/USD The NZDUSD is one pair on the watch list. Since the start of June is has been […]
It’s called Intermarket analysis, and it is the study of how various asset classes interact with one another. Excluding assets such as art or real-estate holdings, we have five major “financial market” assets classes: Cash and cash equivalents, such as T-Bills or CDs Fixed Income products such as bonds or Treasury notes Currencies such as […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. June 25, 2014 One thing I don’t talk much about in my blog is news trading. This is big for some […]
Interested in trading gold? Then you’ll probably want to know about this ETF that usually turns just ahead of gold prices. That means if you are thinking about going short in gold, you can wait for the ETF to turn lower, which means gold prices should follow shortly after. If you want to go long […]
Chaikin Money Flow was developed by Marc Chaikin and is a primary used a confirmation tool for trend trading in stocks. It combines both price action and volume into one indicator, as the founder believes that volume leads price. CMF moves above and below zero based on whether, on average, the stock is finishing in […]
This article was originally contributed by the archived community member Mifune. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. June 24, 2014 Due to the insipid early-morning activity on the EUR/USD, I began looking at five-minute charts of a few […]
Interpreting signals and indicators is the heart, soul and life of a technical analyst and day trader. The signals are how we make our bread and butter. The thing is, the signals are cold and heartless. They do not wave a flag saying “hey, trade me! I’m the best!”. You have to be able to […]
Day Wave trading, or more accurately day to day wave trading, is a short term trading method I have developed utilizing Fibonacci Retracements. For those of you who don’t know Fibonacci Retracements, or FR’s, are a method of predicting and projecting potential areas of support and resistance on a chart of asset prices. The levels, […]
Wayne Gretzky, the greatest NHL goal scorer of all time, said “A good hockey player plays where the puck is. A great hockey player plays where the puck is going to be.” This applies to traders as well. Most traders are always late getting into trades, entering near the tail end of a move or […]
One of the best short trades in the world is the “dead cat bounce.” It is called so because even though the market may bounce after a devastating fall, it isn’t going to moving significantly higher anytime soon. The bounce is dead and those that go long expecting the price to rally further are also […]