Why You Should Embrace Volatility Volatility is your friend. You may not realize this but it is. A lot of traders and investors, most in fact, will shy away from volatility because it implies risk, frustration and loss. The thing is, for a short term trader and/or market speculator volatility is something you need. Volatility […]
Start A Trading Journal Time and time again I am asked, “how can I become a better trader”. Time and time again I am reminded of what really boosted my own trading success. Starting a trading journal. A journal is a great way to keep track of what you are learning, what you are doing […]
The Reflexive Theory Of Support And Resistance Support and resistance are very important factors of techinical analysis. In practice these levels produce areas where signals, reversals, pauses and other technical indications are likely to happen. On a chart a support or resistance line is a line,usually horizontal, that marks an area of previous reversal, congestion […]
Volume Indicators For Binary Options Volume is a well known indicator of market direction. The number of people involved in a given movement, relative toe the number of people involved on an average basis, is an key metric defining the strength or lack of strength in the market. The trouble is that tracking changes in […]
Volume And Trading, Not To Be Discounted Volume is a subject that most traders, especially new ones, fail to recognize. It is a very important factor in market movement and a key element of many if not most technical indicators. The volume, the number of shares, lots or tics traded in one day, session, week […]
Different Seasons Mean Different Trading Seasonal shifts in market action are an underlying cause of market direction that many traders fail to recognize. I know that I for one took a long time before I began to rely on things like the Traders Almanac and other sources of information that shed light on the subject. […]
Trade With The Trend, But Which One? Trading both sides of the chart is one way to super charge your trading. You can effectively increase the number of effective signals you get by simply opening yourself up to trading both bullish and bearish positions. I don’t mean you should be trading both at the same […]
This is a compilation of tips and tricks I know for trading with support and resistance lines. The tips range from where to draw the lines, to how to confirm the lines, ways to trade and how to derive some targets. For more information on what, why and how support and resistance lines work check […]
Resistance lines are one of the basic tools of technical analysis. They are lines that denote areas where price action is likely to pause, stop or reverse. Why is this? It is because they are areas on a chart or price levels where the market is selling and is said to be resistant to higher […]
In a previous posting I began a series on support and resistance. In that article I laid out two basic rules for support and resistance lines that all traders should follow. These are 1) S/R lines are not a signal, they are places where signals are likely to happen. If this sounds familiar you are […]