Candlestick Charting – Video 15 – Evening Star
Candlestick Patterns – Evening Star
Your Trading Problems are Your Path to Success
I get many emails from people frustrated with the challenges they face in learning to trade. Maybe you can relate to some of these problems: “…I’ve done it again. Another loss held past where I should have exited, hoping for it to come back…” “…It just seems too hard, juggling work, family and trading education….
Support and Resistance 3 – Areas of Congestion
Welcome back to the third article in the current support and resistance series. In the last article we discovered how swing highs and lows lead to the development of support and resistance areas, through the actions of traders – either through an expectation of these areas holding, or through traders being psychologically forced to exit…
A Common Indicator Mistake
I love it when I read forum entries from people suggesting trading strategies along the lines of: Enter long when the RSI(14) is above 50, the stochastic (14,5,3) has crossed positive, and the Williams %R(14) is rising from the oversold area Enter short when the RSI(14) is below 50, the stochastic (14,5,3) has crossed negative,…
Candlestick Charting – Video 14 – The Bullish Engulfing Pattern
Candlestick Patterns – The Bullish Engulfing Pattern
Candlestick Charting – Video 13 – The Bearish Engulfing Pattern
Candlestick Patterns – The Bearish Engulfing Pattern
Support and Resistance 2 – Swing Highs and Lows
In the last article I stated that support and resistance (for me) is based on previous swing highs and lows, areas of congestion, round numbers and gaps. We’ll now review these types of support and resistance, discussing how to identify them, and how they formed. In this article we’ll start with my favorite support and…