Page 1 of 96 Order your Copy Now Understanding Chart Patterns
|
|
- Paul Stokes
- 5 years ago
- Views:
Transcription
1 Page 1 of 96
2 Page 2 of 96 Preface... 5 Who should Read this book... 6 Acknowledgement... 7 Chapter 1. Introduction... 8 Chapter 2. Understanding Charts Convention used in the book. 11 Chapter 3. Moving Average Indicator Simple Moving Average Simple Moving Average Indicator Advantages and Disadvantages of SMA indicator Exponential Moving Average Exponential Moving Average Indicator Advantages and Disadvantages of EMA Indicator Comparison of SMA with EMA Chapter 4. Fibonacci Fibonacci Retracement Indicators Fibonacci Extension Indicators Fibonacci Numbers Chapter 5. Bollinger Bands... 39
3 Page 3 of 96 Buy & Exit Trigger pattern Short and cover trigger pattern Chapter 6. Spike and breakout pattern Break out chart pattern for Investors Chapter 7. Morning panic and Afternoon fade pattern Chapter 8. Higher Top Higher Bottom Chart pattern Why higher top higher bottom works? Chapter 9. Lower Top Lower Bottom Chart pattern Chapter 10. Volume patterns Chapter 11. Cup and handle Pattern or U pattern Chapter 12. Double bottom or W-bottom Pattern Non-W or M Pattern Significance of W s and M s Chapter 13. Application of Multiple Chart patterns Chapter 14. Insider Trading Tips that Always works for me Earning Days Never ever decide after seeing on TV IPO investing Targets by finance groups... 86
4 Page 4 of 96 How to find right stock to short and when? What if you miss a trade? How to plan your trades? Targets and stop losses Strategy that works almost every week What type of order to place - Market or Limit? Chapter 15. Summary Table of Figures Disclaimer... 96
5 Page 5 of 96 Preface I don t have educational finance background and this was one of the main reasons me not willing to be an author of a book in equity. I always wanted to be into equity markets but more for a personal hobby and as I buried myself into equity markets I found that there is too much crap information available and it is very difficult to understand who you should believe and who you should not. The amount of noise in the finance domain leads me to my blog shabbir.in. I always try to write article about what information people should look for and where and how. This book is no different. This book contains lots of chart patterns that I have learnt over the years trading myself as well as reading lots of different books that I am going to share. This e-book comes with a lifetime free upgrades. If you purchased the paper version of this book you can get the free copy of the e- book version delivered right in your inbox. Just drop me an at shabbir@shabbir.in with the details of your purchase and I will make sure you not only get your free copy of this e-book delivered but also will make sure you receive free lifetime upgrade to this e- book in the future. The question may come to your mind as to why am I providing life time free upgrades. I learn chart patterns reading them from various books and trading myself. As I learn more patterns I will add them to this e-book and I think you also deserve the new patterns that I learn over the years.
6 Page 6 of 96 Who should Read this book You may have heard timing the market is not important but time in the market is which means if you are not able to get a stock at the best possible price you can remain invested in the same stock for long enough and still make decent return. True provided you have selected the right stock at the right price. Again you may have selected the right stock but chances are that you may have purchased it way too high. This can test your nerves for sure. You may see losses for quite sometime which can actually turn against you. Unless you are very experienced you will either quit with a loss saying that stock market is not for you or wait for your capital to return and then quit and still say the same. The end result will be same. I have seen this happen to too many. Looking at both the scenarios I think it is important that you invest in the right stock at the right time and at the right price and this book teaches you exactly that i.e. how to judge the best possible time to invest in good stocks at the right price level and exit accordingly. So this book is for every trader and investor who wants to be in equity markets and want to know when to buy, when to sell, when to short sell and when to cover a stock based on chart patterns.
7 Page 7 of 96 Acknowledgement Charts used in this book are from Interactive Brokers Trader Work Station application. Apart from that I also use the one provided for free by Yahoo Finance and Google Finance. I follow Timothy Sykes blog as well as his DVD s to learn about many of the chart patterns and apply the same in the Indian Market.
8 Page 8 of 96 Chapter 1. Introduction I have read it in a well known magazine sometime back that 90% of people are not able to make money from the stock market. Isn t this shocking for you? I was really shocked. Indian stock markets are hitting all time high and things like Indian growth story and other such big jargons and yet 90% of people don t make money in stock market. I did not believe it but finally I was forced to agree to it. Just tune in to any financial news channel for entertainment purpose, verify what I am talking about and see for yourself. See how many people ask questions like what they should do for xyz stock? They have purchased it at some very high price and now it is almost down to earth. They can hold the same stock for years to get the money back. Do you expect those people are making money from the stock market? The answer is No. Now verify how many calls you see on TV from people who don t make money and you will be forced like me to agree that 90% of the people don t make money from the stock market. One basic rule of investment is that you should research before you invest and not after but people tend to do just the opposite. They ask experts what they should do now and not before. You may be wondering why I am telling you all this. The answer is I was among those 90% for quite a long time.
9 Page 9 of 96 I was also certain that there s lot of money to be made in stock market if I am willing to learn the right way. I have learnt few ways (I cannot say all but yes definitely some) to make money from markets the hard way i.e. loosing my own hard earned money and I am trying to teach my blog readers what they should & should not be doing if they are trying to make money from stock market. The first thing you should follow is not to rely too much on stock tips. Being in the market for almost five years now, I know for sure that it s not the tips that matter but the knowledge coupled with tricks that matter more than the tips. Stock tips are good and I also prefer to get them but before I jump into those tips I prefer to do my own research and find why I should follow the tips and execute the trade. Let me be honest. I never do the financial research myself and I don t have the right kind of knowledge to do that as well but what I do is if I get some tips to invest or trade in a particular stock I apply my knowledge of charts. I am fine buying the stock later than to buy and then lament. The next thing you should understand is never execute a trade immediately on your broker s tips. It is not that they provide bad tips or I have something against them but the model is a bit flawed because they provide the same tips to all their customers. So think about it. If you react immediately to those tips you may end up buying a stock at much higher price because all of your broker s customer may do the same. More buyers can inflate the stock price considerably.
10 Page 10 of 96 My main source of stock ideas (I don t prefer calling them tips) is from my broker and you can be rest assured I have account with almost all the major Indian brokers. I always use them for stock ideas but never execute the trade without applying my own research on the stock. I prefer Motilal Oswal, ICICIDirect and Sharekhan but if you have a very large trading portfolio you can use Interactive Brokers but I do not recommend them for investment purposes. You can read my personal experiences about all the brokers in my blog here. One more thing I think I should clarify in the introduction is a misconception about chart patterns. Many think that charts are only for trader s and not for investors but I can tell you that as I learn chart patterns from trading and apply them into my investment I started to see a lot less downside into my investments which helped me to make a lot more money from the markets and shift myself from the 90% of people not making money into those 10% of people who actually make lots of money.
11 Page 11 of 96 Chapter 2. Understanding Charts Convention used in the book Before we can begin understanding the chart pattern it is important that we understand chart conventions in general and conventions I have used in this book. What kind of information exists in each chart and how to understand all those information and use to your advantage? You can see a sample chart of Dish TV India Limited or in short DITV in Interactive Brokers Application. You can see the company code in the top left corner of the figure. Figure 1 - Dish TV - Intraday [5 Minutes]
12 Page 12 of 96 In the top right hand corner you can see some more numbers like L: CH: CH%: 2.31% V: 1.529M L: means the last traded price. CH: Is the change from the previous close. CH%: is the percentage change from the previous close. V: is the amount of shares traded in the given period i.e. 1 day in this case. Now let me explain each of the parameters in the above chart. Dotted line is the previous close price. On X-Axis we have time. On Y-Axis we have volume as well as price. Actually we have 2 charts. Top we have price and volume at bottom. Let me now split the charts into two for understanding purpose.
13 Page 13 of 96 Figure 2 - Price Chart for Dish TV In the price chart you can see three coloured candle sticks. Each candle stick for the price here is a five minute time frame. Remember this is an intraday chart with five minute time of each candle stick. Figure 3 - Candle Stick Each candle stick has four parameters. Width, height, entry level and exit level. We have five minutes time frame and so width of each candle stick is five minutes. Height is the range of price traded for the stock in that five minute time gap. Entry point is the first trade in this time period. Exit point is the last trade in this time period. Exit point for previous candle stick may not be same as entry point of next time candle stick because in real time trade may not have been executed at the same price between two points and so they can vary.
14 Page 14 of 96 The colours of the candle stick define the price action. Yellow stick means price is un-changed, green means positive tick and orange means negative tick in the given time frame. Now let us look at the second part of the chart which is volume chart. Figure 4 - Volume Chart of Dish TV Volume is a histogram and each bar means the amount of share traded in given time period. Here there is no special meaning to the colours but they are used inline with the price candle sticks. I have used Interactive Broker s application to generate most of the charts for this book but you can also use Google Finance and Yahoo Finance to get similar charts. Let us see the charts of Dish TV for 29 th November 2010 in all the three applications. With Google Finance and Yahoo Finance you may need to change the default settings to show candle stick because they have default as line charts. Also the colours from various charting software can vary slightly.
15 Page 15 of 96 Figure 5 - Dish TV Intraday [5 Minutes] by Google Finance For Google finance you will see setting buttons under the chart to customize candle stick interval of candle sticks and view type. Figure 6 - Dish TV Intraday [5 Minutes] by Yahoo Finance Yahoo Finance does not allow candle stick of variable width and it has default set to 5 minutes for intraday charts.
16 Page 16 of 96 In this book each chart will be labelled with square [] brackets. The time in square brackets represent candle stick interval.
17 Page 17 of 96 Chapter 3. Moving Average Indicator Simple Moving Average Let us begin understanding our journey of chart patterns with the simplest possible pattern i.e. simple moving average pattern. Though it is very simple and is not very widely used as stand alone pattern, it is used in conjunction with other advance patterns and so it is important for us to understand. Before we get into the patterns let me define Simple Moving Average first. A simple moving average is average price over a specific number of periods. A 50-day simple moving average is fifty day sum of closing prices divided by fifty. Similarly A 200-day simple moving average is the two hundred day sum of closing prices divided by two hundred. Simple Moving Average Indicator Simple moving average indicator means applying various simple moving averages on charts for better understanding of the market sentiments and to an extent predict the future market sentiments. Widely used simple moving average indicators are Day Simple Moving Average Day Simple Moving Average Many prefer to use the combination of 20 day moving average with 8/9 day moving average and many others prefer to use three indicators aka 50, 20 and 8/9.
18 Page 18 of 96 No matter what number you use the concept is same which is we predict the future of the stock movement based on how it has performed in the short term average over longer term average. I.e. in 2 indicators how the stock has moved for 50 days compared to 200 days. Chart patterns are better understood with examples and so let us take our first example of Infosys between 2008 and We all know for sure that in the tough time of 2008 and 2009 stock markets and especially IT stocks had lots of issues on account of problems in US. The sentiments were so bleak that many people started to believe that technology companies may have hard time finding orders. So this is what we see in charts. Figure 7 - Infosys Yearly [Daily]
19 Page 19 of 96 In the above chart blue line represents 50 DMA and purple line 200 DMA. When the smaller moving average i.e. 50 DMA moves below the larger moving average i.e. 200 DMA we assume the stock is in bearish pattern. This means stock has not performed well enough in the last 50 days compared to its performance over last 200 days and so it would not be a wise decision to hold on to the stock. Selling it off can turn out to be better decision or if you are a trader going short on the stock is more advisable. When the smaller moving average i.e. 50 DMA moves above the larger moving average i.e. 200 DMA we assume the stock is in bullish pattern which means stock has performed well enough in the last 50 days compared to last 200 days and either we should hold on to the long positions or can even buy the stock. Let us tabularize the simple moving average concept to make it easier to understand. Pattern Indicator Smaller moving average is above larger moving average Sign of Bullish pattern Smaller moving average is below larger moving average Sign of Bearish pattern Smaller moving average is above larger moving average but they Best time to move out of your
20 Page 20 of 96 cross over i.e. smaller moving average dips below the larger moving average. investment. Smaller moving average is below larger moving average but they cross over i.e. smaller moving average peaks above the larger moving average. Time to re-invest. DMA does not necessarily mean you have to have the day s closing average. You can use any needed closing value like hourly values or even minutes. In the above example we have seen a daily closing average to determine the trend but let us see an intraday chart of Infosys. Here each candle stick represents 1 minute of trade.
21 Page 21 of 96 Figure 8 - Infosys Intraday [1 min] We can see that the stock is in bullish trend all day long but a sharp downfall in the closing hours. It can be avoided with the trend reversal idea. You can easily move out of your position near 3085 levels. Now let us see how to read the data with more than two indicators.
22 Page 22 of 96 Figure 9 - Infosys - 1 Year [Daily] We see three lines in the above chart. 1. Orange line for 9 DMA 2. Purple line for 20 DMA 3. Blue line for 50 DMA We have the same concept of how the smaller average performs over the larger ones. Ideal buy signal is when we have averages stacked rightly i.e. highest average at the bottom and lowest at the top i.e. 9 at the top, 20 in between and 50 at the bottom.
23 Page 23 of 96 Advantages and Disadvantages of SMA indicator The biggest advantage of simple moving average indicator is to help you predict the trend i.e. bearish or bullish but it comes with lots of disadvantages as well. The biggest disadvantage is, you cannot predict the trend well before the beginning of the trend and it has to be based on historical data. Apart from that this method does not take into account many other factors like volume, sentiments and interest. The chart interval (1 min / 1 day) that you are looking at can impact your decision to a great extent and so it needs a lot of experience before you can settle into one perfect interval for your needs. Exponential Moving Average Exponential moving average indicator is similar to simple moving average indicator with the difference being in the calculation of average. As the name suggests here we use the exponential average and not simple average. Let me define the exponential moving average first. Exponential moving averages reduce the lag by applying more weight to recent prices. The factor is (2/ (Time periods+1)). A 20-period EMA applies a 9.52% weighing to the most recent price (2/ (20+1) =.0952). Similarly a 50-period EMA applies a 3.92% weighing to the most recent price (2/ (50+1) =.0392)
24 Page 24 of 96 Exponential Moving Average Indicator Exponential Moving Average Indicator or EMA indicator is similar to SMA indicator and can help predict the market sentiments. EMA indicator like SMA indicator also works with more than one indicator and widely used indicators are Day Exponential Moving Average Day Exponential Moving Average But many prefer to use the combination of 20 day moving average with 8 or 9 day moving average as well and many others prefer to use three indicators aka 50, 20 and 8. EMA is also termed as weigtage moving average or WMA. No matter what number you use the concept is same. Predict the stock movement based on how it has performed in the short term average over the longer term average. Again let us see the same example of Infosys in between 2008 and 2009 so it not only helps us understand EMA but we can also do a side by side comparison of SMA with EMA.
25 Page 25 of 96 Figure 10 - Infosys 1 Year [Daily] Looks pretty much similar to what we saw in SMA Right? But it is a lot different. In SMA we used 200 and 50 to get much similar charts and here we are using 50 and 20 respectively. Apart from that you can clearly see that we get the trend reversal idea much before than SMA indicates. You see that line cross over much before the 2009/04 and in SMA it was much later than 2009/04 The table for EMA is pretty much same as SMA.
26 Page 26 of 96 Pattern Indicator Smaller moving average is above larger moving average Sign of Bullish pattern Smaller moving average is below larger moving average Sign of Bearish pattern Smaller moving average is above larger moving average but they cross over i.e. smaller moving average dips below the larger moving average. Best time to move out of your investment. Smaller moving average is below larger moving average but they cross over i.e. smaller moving average peaks above the larger moving average. Time to re-invest. Advantages and Disadvantages of EMA Indicator EMA indicator like SMA indicator is also used to predict the trend i.e. bearish or bullish and though with EMA indicator you can predict the trend somewhat before SMA indicator still it comes with lots of disadvantages as well. Again this method does not take into account factors like volume, sentiments and interest.
27 Page 27 of 96 The interval (1 min / 1 day) that you use can impact your decision to a great extent and so needs a lot of experience before you can settle into one perfect interval for your needs. Comparison of SMA with EMA Let us first see SMA (50) and EMA (50) applied on Reliance industries. I have especially chosen Reliance Industries because the price action in Reliance industries has been to and fro in a range. You can see that EMA is much closer to the actual price and that EMA takes much sharper turn than simple moving average because it gives more weight to the most recent price over the past unlike SMA. Figure 11 - Reliance Industries 1 Year [Daily]
28 Page 28 of 96 Many savvy analysts use only one single exponential moving average to identify the trend as well. When using single average, you should be using a very small number average, preferably 8 or 9. You can see in the below chart that direction of the blue line (upward or downward) can also be used to identify the stock pattern as bullish or bearish respectively. Figure 12 - Reliance Industries 1 Year with 1 EMA [Daily] I personally do not prefer using it but just for the sake of explanation I have explained it in this book.
29 Page 29 of 96
2.0. Learning to Profit from Futures Trading with an Unfair Advantage! Income Generating Strategies Essential Trading Tips & Market Insights
2.0 Learning to Profit from Futures Trading with an Unfair Advantage! Income Generating Strategies Essential Trading Tips & Market Insights Income Generating Strategies Essential Trading Tips & Market
More informationExplanation of the 5 / 15-Minute Trading Rules
5 / 15-Minute Trading Rules 1 Explanation of the 5 / 15-Minute Trading Rules Trading during the first ½ hour of the day can be very tricky and if one were able to gather all of the statistics for retail
More informationFOREX PROFITABILITY CODE
FOREX PROFITABILITY CODE Forex Secret Protocol Published by Old Tree Publishing CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA www.oldtreepublishing.com Copyright 2013 by Old Tree Publishing CC,
More information1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together
Technical Analysis: A Beginners Guide 1. Introduction 2. Chart Basics 3. Trend Lines 4. Indicators 5. Putting It All Together Disclaimer: Neither these presentations, nor anything on Twitter, Cryptoscores.org,
More informationStacking Indicators Getting a GREAT entry! TWEEZERS Tweezer top/bottom at the band The stock is trending up Gap down (against the trend) Any moving
Dean Storholt I am not a registered broker-dealer or investment adviser. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing
More informationHow I Trade Profitably Every Single Month without Fail
How I Trade Profitably Every Single Month without Fail First of all, let me take some time to introduce myself to you. I am Koon Hwee (KH Lee) and I am a full time currency trader. I have a passion for
More informationPresents FOREX ALPHA CODE
Presents FOREX ALPHA CODE Forex Alpha Code Published by Alaziac Trading CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA www.tradeology.com Copyright 2014 by Alaziac Trading CC, KZN, ZA Reproduction
More informationWith that, let s dive into the steps. Step 1 Identify range bound markets on Daily or 4 Hour Charts
If you have been trading for any length of time, you have probably noticed that the markets are moving sideways A LOT. Consolidation is a huge part of the market s balance and so it makes sense to learn
More informationBONUS. www. candlecharts.com/special/swing-trading-2/
BONUS www. candlecharts.com/special/swing-trading-2/ 1 www. candlecharts.com/special/swing-trading-2/ www. candlecharts.com/special/swing-trading-2/ www. candlecharts.com/special/swing-trading-2/ 2 www.
More informationResistance to support
1 2 2.3.3.1 Resistance to support In this example price is clearly consolidated and we can expect a breakout at some time in the future. This breakout could be short or it could be long. 3 2.3.3.1 Resistance
More information1 www.candlecharts.com 2 BONUS www. candlecharts.com/special/swing-trading-2/ 3 www. candlecharts.com/special/swing-trading-2/ 4 www. candlecharts.com/special/swing-trading-2/ 5 www. candlecharts.com/special/swing-trading-2/
More informationNaked Trading - Double Top Chart Pattern Strategy
Naked Trading - Double Top Chart Pattern Strategy If you really want to learn a profitable way to trade then look no further, the Double Top chart pattern strategy uses simple and sound trading principles
More informationFibo Vector Published by Old Tree Publishing CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA
Fibo Vector Published by Old Tree Publishing CC Suite 509, Private Bag X503 Northway, 4065, KZN, ZA www.oldtreepublishing.com Copyright Old Tree Publishing CC, KZN, ZA Reproduction or translation of any
More informationDay Trade Warrior. Chapter 5. Intraday Chart Patterns
Day Trade Warrior Chapter 5. Intraday Chart Patterns What do we know? We have learned about Managing Risk (2:1 profit loss ratio 50% success target) We have learned how to find the Right Stocks (high relative
More information2015 Performance Report
2015 Performance Report Signals Site -> http://www.forexinvestinglive.com
More informationpresented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading Part 2
presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Naked Trading Part 2 Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all persons. Before
More informationEZ Trade FOREX Day Trading System. by Beau Diamond
EZ Trade FOREX Day Trading System by Beau Diamond The EZ Trade FOREX Day Trading System is mainly used with four different currency pairs; the EUR/USD, USD/CHF, GBP/USD and AUD/USD, but some trades are
More informationHow To Read Charts Like A Pro Your guide to reading stock charts!
How To Read Charts Like A Pro Your guide to reading stock charts! Courtesy of Swing-Trade-Stocks.com You may distribute this book FREELY or use it as part of a commercial package as long as this page and
More informationTommy s Revenge 2.0 Module 2 Part 2
1 Mark Deaton here with your follow-up to Module 2. Going to cover a few things in this video and try to keep it short and sweet. We re going to look at Stock Fetcher and how we can use Stock Fetcher to
More informationWHS FutureStation - Guide LiveStatistics
WHS FutureStation - Guide LiveStatistics LiveStatistics is a paying module for the WHS FutureStation trading platform. This guide is intended to give the reader a flavour of the phenomenal possibilities
More informationMarket Observations as of Nov 17, 2017
Market Observations as of Nov 17, 2017 By Carl Jorgensen - For Objective Traders - For educational purposes only. Not Financial Advice. This week we saw a variety of market moves. The daily charts for
More informationTechnicals & Time Frame
Advanced Charting Neither Better Trades or any of its personnel are registered broker-dealers or investment advisers. I will mention that I consider certain securities or positions to be good candidates
More information1 P a g e. Executive Summary
Executive Summary Based on this week s deduction of observable facts, we continue to favor the major a at SPX 1867, major b at SPX 2021 and major c down to SPX 1830-1850ies around October 9-12. How exactly
More informationTest Your Chapter 1 Knowledge
Self-Test Answers Test Your Chapter 1 Knowledge 1. Which is the preferred chart type in LOCKIT? The preferred chart type in LOCKIT is the candle chart because candle patterns are part of the decision-making
More informationINTERMEDIATE EDUCATION GUIDE
INTERMEDIATE EDUCATION GUIDE CONTENTS Key Chart Patterns That Every Trader Needs To Know Continution Patterns Reversal Patterns Statistical Indicators Support And Resistance Fibonacci Retracement Moving
More informationStacking Indicators Getting a GREAT entry! TWEEZERS Tweezer top/bottom at the band The stock is trending up Gap down (against the trend) Any moving
Dean Storholt I am not a registered broker-dealer or investment adviser. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing
More information- My 4 Favorite Trades - Essential Trades of a Professional Trader
presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One - My 4 Favorite Trades - Essential Trades of a Professional Trader Risk Disclaimer Trading or investing carries a high level of
More informationTRADING DOWN GAPS By Daryl Guppy
TRADING DOWN GAPS By Daryl Guppy This reprinted article uses a Marketcast screen. This is now easily obtained via any of the CFD providers with live feeds. The trading method remains valid and is now easier
More informationpresented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Black Gold
presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Black Gold Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all persons. Before deciding
More information2015 Performance Report Forex End Of Day Signals Set & Forget Forex Signals
2015 Performance Report Forex End Of Day Signals Set & Forget Forex Signals Main Site -> http://www.forexinvestinglive.com
More informationCompiled by Timon Rossolimos
Compiled by Timon Rossolimos - 2 - The Seven Best Forex Indicators -All yours! Dear new Forex trader, Everything we do in life, we do for a reason. Why have you taken time out of your day to read this
More informationSeven Trading Mistakes to Say Goodbye To. By Mark Kelly KNISPO Solutions Inc.
Seven Trading Mistakes to Say Goodbye To By Mark Kelly KNISPO Solutions Inc. www.knispo.com Bob Proctor asks people this question - What do you want, what do you really want? In regards to stock trading,
More informationScalp Trading Strategies
Scalp Trading Strategies Services Disclaimer (for full disclosure, see Disclaimers section of website) Information Contained within our website and affiliates is not a substitute for professional advice
More informationBinary Options Trading Strategies How to Become a Successful Trader?
Binary Options Trading Strategies or How to Become a Successful Trader? Brought to You by: 1. Successful Binary Options Trading Strategy Successful binary options traders approach the market with three
More informationcharts to also be in the overbought area before taking the trade. If I took the trade right away, you can see on the M1 chart stochastics that the
When you get the signal, you first want to pull up the chart for that pair and time frame of the signal in the Web Analyzer. First, I check to see if the candles are near the outer edge of the Bollinger
More informationPRESENTS. COG Master Strategy. Trading Forex Using the Center Of Gravity Master Strategy. Wesley Govender
PRESENTS COG Master Strategy Trading Forex Using the Center Of Gravity Master Strategy Copyright 2013 by Old Tree Publishing CC, KZN, ZA Wesley Govender Reproduction or translation of any part of this
More informationPresents. SPY the MARKET. With. Bill Corcoran
Presents SPY the MARKET With Bill Corcoran I am not a registered broker-dealer or investment adviser. I will mention that I consider certain securities or positions to be good candidates for the types
More informationFor general trading knowledge, please get a beginners guide or simply got to :
www.forexripper.com About The System For general trading knowledge, please get a beginners guide or simply got to : www.babypips.com For more interactive information about the market, there are hundreds
More informationPetri Redelinghuys
Petri Redelinghuys // @TraderPetri Becoming a better trader The first step is persistence You re still at it, well done! Learning must be the focus 90% of traders lose all their money and fail 10% of traders
More informationDisclaimer The candlestick patterns explained in this book are intended to provide information only.. Use these patterns is at your discretion. The use and application of the included patterns can involve
More information3 Price Action Signals to Compliment ANY Approach to ANY Market
3 Price Action Signals to Compliment ANY Approach to ANY Market Introduction: It is important to start this report by being clear that these signals and tactics for using Price Action are meant to compliment
More informationIf you have traded forex long enough, you will notice that sometimes, price has an uncanny ability to reverse exactly at or around fibonacci levels.
Fibonacci Forex Trading Strategy With Reversal Candlesticks The Fibonacci forex trading strategy with reversal candlesticks is simply about using fibonacci retracements in conjunction with reversal candlesticks.
More informationRISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT
RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial
More informationCHARTS. Bar Line Candlestick Charts are the basis of technical analysis They are a graphic display of price action. Notes:
TECHNICAL ANALYSIS CHARTS Bar Line Candlestick Charts are the basis of technical analysis They are a graphic display of price action Candlestick charts have become the industry standard for technical traders.
More informationSuperADX. Written on: October 11 th 2009
SuperADX Written on: October 11 th 2009 Congratulations on your purchase. And I mean that! You are now in possession of a powerful trading tool. It is what I believe to be the most leading and most profitable
More informationRISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT
RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial
More informationA Different Take on Money Management
A Different Take on Money Management www.simple4xsystem.net Anyone who read one of my books or spent time in one of my trade rooms knows I put a lot of emphasis on using sound Money Management principles
More informationPart 1. ForEx Easy Mode
Part 1 DISCLAIMER Any income claims are typical of top performers not all users and your results will vary. Past performance of any system is not indicative of future results. Trading foreign exchange
More informationMR. MUHAMMAD AZEEM - PAKISTAN
HTTP://WWW.READYFOREX.COM MR. MUHAMMAD AZEEM - PAKISTAN How to become a successful trader? How to win in forex trading? What are the main steps and right way to follow in trading? What are the rules to
More informationThe Master Trader Counter-Trend Trade Set-Ups
The Master Trader Counter-Trend Trade Set-Ups Trading Concepts, Inc. The Master Trader Counter-Trend Trade Set-Ups By Todd Mitchell Copyright 2014 by Trading Concepts, Inc. All Rights Reserved This training
More information2015 Performance Report
2015 Performance Report Signals Site -> http://www.forexinvestinglive.com
More informationTechnical Analysis and Charting Part II Having an education is one thing, being educated is another.
Chapter 7 Technical Analysis and Charting Part II Having an education is one thing, being educated is another. Technical analysis is a very broad topic in trading. There are many methods, indicators, and
More informationTrading Lessons from the Intraday Frame (study)
1 Daily "Idealized Trades" Report Trading Lessons from the Intraday Frame (study) 1 2018 TheoTrade LLC. All rights reserved. 2 Trading Lessons from the Intraday Frame (1-mi) Major Companies Reporting Earnings
More informationForex Lines Tutorial of Forex Lines 2014 indicators.
Forex Lines 2014 Tutorial of Forex Lines 2014 indicators www.forex4live.com Forex Lines 2014 Tutorial We expected that many traders would be using extremely complicated systems, algorithms and indicators.
More informationBrainy's Trading News and BullCharts Tips Monthly e-newsletters
Brainy's Trading News and BullCharts Tips Monthly e-newsletters 24 Nov 2008 Special preview of Brainy's monthly articles This pdf file contains only the first page of each of the articles that are available
More informationAdvanced Trading Systems Collection MACD DIVERGENCE FOREX TRADING SYSTEM
MACD DIVERGENCE FOREX TRADING SYSTEM 1 This system will cover the MACD divergence. With this forex trading system you can trade any currency pair (I suggest EUR/USD and GBD/USD when you start), and you
More informationThis is the complete: Fibonacci Golden Zone Strategy Guide
This is the complete: Fibonacci Golden Zone Strategy Guide In this strategy report, we are going to share with you a simple Fibonacci Trading Strategy that uses the golden ratio which is a special mathematical
More informationRISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT
RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial
More informationGUIDE TO FOREX PROFITS REPORT
GUIDE TO FOREX PROFITS REPORT CONTENTS Introduction... 3 First things first, get a demo!... 4 The Setup... 5 Indicators Explained... 8 IMACD... 8 Average Directional Movement Index... 8 The Strategy...
More informationEJ_4H Method Part III
EJ_4H Method Part III Trailing price: Protecting your hard-earned money against reversals or even flurries is one of the most important parts of money management. Most of platforms have such feature that
More informationThe Boomerang. Introduction. NipThePips Trading Method
The Boomerang NipThePips Trading Method Introduction This method is what I like to think a mixture of a breakout method, with a little of the classic martingale strategy mixed in. The aim is to go for
More informationCounter Trend Trades. (Trading Against The Trend) By Russ Horn
Counter Trend Trades (Trading Against The Trend) By Russ Horn 1 RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents
More informationPenny Stock Guide. Copyright 2017 StocksUnder1.org, All Rights Reserved.
Penny Stock Guide Disclaimer The information provided is not to be considered as a recommendation to buy certain stocks and is provided solely as an information resource to help traders make their own
More informationRISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT
RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor an offer to Buy/Sell any financial
More informationINTRODUCTION TO OPTION PUTS SERIES 9
Hello again, This week we will summarize another strategy for trading Options. PUTS, which are the exact opposite of CALLS. Options are considered more risky trades because of the time decay involved.
More informationWhat Came First... Fundamentals or the Technicals? By Jared Martinez
What Came First... Fundamentals or the Technicals? By Jared Martinez I am honored to share my thoughts on our methodologies, focusing on the current technical movements and conditions of the FOREX Markets,
More informationBollinger Bands Forex Trading Strategy With 20 Period Moving Average
Bollinger Bands Forex Trading Strategy With 20 Period Moving Average The bollinger bands forex trading strategy with 20 period moving average is a very simple forex strategy that works very well for all
More informationMagicBreakout Forex Trading Strategy
Tim Trush & Julie Lavrin introduce MagicBreakout Forex Trading Strategy Your guide to financial freedom. Tim Trush, Julie Lavrin, T&J Profit Club, 2007, All rights reserved www.magicbreakout.com Table
More informationINTRODUCTION 2 INSTALLATION AND CHART SETUP 3 BUY AND SELL ZONES 4 BBOX TICKSPEED INDICATOR 6 TRADING RULES AND CONDITIONS 7
BLACK-BφX.COM INTRODUCTION 2 INSTALLATION AND CHART SETUP 3 BUY AND SELL ZONES 4 BBOX TICKSPEED INDICATOR 6 TRADING RULES AND CONDITIONS 7 BUY CONDITIONS 7 SELL CONDITIONS 9 IMPORTANT NOTES: 11 TAKE PROFIT
More informationDivergence and Momentum Trading
presented by Thomas Wood MicroQuant SM Divergence Trading Workshop Day One Divergence and Momentum Trading Risk Disclaimer Trading or investing carries a high level of risk, and is not suitable for all
More informationMethodology. Our team of analysts uses technical and chartist analysis to draw an opinion and make decisions. The preferred chartist elements are:
Methodology Technical analysis is at the heart of TRADING CENTRAL's expertise. Our methodology is proven. Our chartist and quantitative approach allows us to intervene on different investment horizons.
More informationMT4 Awesomizer V3. Basics you should know:
MT4 Awesomizer V3 Basics you should know: The big idea. Awesomizer was built for scalping on MT4. Features like sending the SL and TP with the trade, trailing stops, sensitive SL lines on the chart that
More informationSTOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN
STOP RENTING AND OWN A HOME FOR LESS THAN YOU ARE PAYING IN RENT WITH VERY LITTLE MONEY DOWN 1. This free report will show you the tax benefits of owning your own home as well as: 2. How to get pre-approved
More informationSquare Timer v3.5.x Users Guide
Square Timer v3.5.x Users Guide The Square Timer program, also called SQT, is a very useful program for the purpose of time/price squaring. W. D. Gann determined decades ago that there was a mathematical
More informationIcoachtrader Consulting Service WELCOME TO. Trading Boot Camp. Day 5
Icoachtrader Consulting Service www.icoachtrader.weebly.com WELCOME TO Trading Boot Camp Day 5 David Ha Ngo Trading Coach Phone: 1.650.899.1088 Email: icoachtrader@gmail.com The information presented is
More informationPart 2: ASX charts - more charting tools. OHLC / Bar chart
Part 2: ASX charts - more charting tools OHLC / Bar chart A bar chart simply takes the information from the day's trading and plots that information on a single vertical 'bar'. A tab on the left side of
More informationTechnical Analysis Indicators
Technical Analysis Indicators William s Percent R Rules, Scans, Adding Filters, Breakout, Retest, and Application across MTFs Course Instructor: Price Headley, CFA, CMT BigTrends Coaching Access to BigTrends
More informationFOREX INDICATORS. THEIR PRIORITY and USE
FOREX INDICATORS THEIR PRIORITY and USE by G. C. Smith U.S. Government Required Disclaimer Trading foreign exchange markets on margin carries a high level of risk, and may not be suitable for all investors.
More information.. /-!"::- '..- ( \.- - '-/../ '
....'-/ -!"::- ' ( \.-../ ' /- Triple Shot Forex Trading System The term "Day Trading" usually refers to the act of buying and selling a financial instrument within the same day. In the Forex market, a
More informationChapter 6: The Art of Strategy Design In Practice
Chapter 6: The Art of Strategy Design In Practice Let's walk through the process of creating a strategy discussing the steps along the way. I think we should be able to develop a strategy using the up
More informationBollinger Trading Methods. Play 1 - The Squeeze
Overview: Play 1 - The Squeeze Play 2 - The Trend Trade Play 3 - Reversals Wrap up Bollinger Trading Methods Play 1 - The Squeeze The Squeeze The most popular strategy Looks to enter a trend early on Anticipates
More informationHow many of you are or will be trading a small account?
Dean Storholt I am not a registered broker-dealer or investment adviser. I will mention that I consider certain securities or positions to be good candidates for the types of strategies we are discussing
More informationReal Estate Private Equity Case Study 3 Opportunistic Pre-Sold Apartment Development: Waterfall Returns Schedule, Part 1: Tier 1 IRRs and Cash Flows
Real Estate Private Equity Case Study 3 Opportunistic Pre-Sold Apartment Development: Waterfall Returns Schedule, Part 1: Tier 1 IRRs and Cash Flows Welcome to the next lesson in this Real Estate Private
More informationWhen traders make trading decisions based on repeated price patterns that once formed,
Trading Strategy / Gert.Nurme@iBrokers.ee Price Action Trading Strategy Introduction WHAT IS PRICE ACTION TRADING? When traders make trading decisions based on repeated price patterns that once formed,
More informationSo let s get into the meat of the matter. Here s how you are going to become the most successful and profitable Forex trader you know.
Learn to Trade Forex and Make $250 Every Day *Don't Forget To Take a Look at My Advanced Strategies For Making Over $750 Dollars a Day With Forex -> Go To My Website Click Here The $250 Per Day System
More informationFigure 3.6 Swing High
Swing Highs and Lows A swing high is simply any turning point where rising price changes to falling price. I define a swing high (SH) as a price bar high, preceded by two lower highs (LH) and followed
More informationDIY Trade Manager Plus
DIY Trade Manager Plus Version 25.00 User Guide 11 May 2018 1 P a g e Risk Disclosure Statement and Disclaimer Agreement This User Guide ( User Guide ) is for installation and associated illustrative purposes
More informationGambit Trading Suite Setup Guide. V2.31 PUBLIC BETA March 2017
Gambit Trading Suite Setup Guide V2.31 PUBLIC BETA March 2017 Gambit Trading Suite - Intro The Gambit Trading Suite is a set of indicators developed in Pine script to be used on Tradingview.com. The goal
More informationNever Loss Trading Review
Never Loss Trading Review By Larry Jacobs One of the speakers at the Traders World Online Expo #12, Thomas Barmann of NeverLossTrading.com gave an excellent presentation and I was impressed with it. If
More informationTrading Forex Using High Probability Pattern Trade
Presents Trading Forex Using High Probability Pattern Trade Trading Forex Using High Probability Pattern Trade Published by Alzaiak Trading CC Nominee Old Tree Publishing CC Suite 509, Private Bag X503
More informationCorrelation CHEAT SHEETS. By Jason Fielder
Correlation CHEAT SHEETS By Jason Fielder Fellow trader, By now, you've hopefully been watching my videos, and have a pretty good idea about what correlation trading is, and if you're anything like me,
More informationTechnical Analysis Basics. Identifying Tops
Technical Analysis Basics. Identifying Tops June 2011 1 Sign Up Now to Upshots forex trade signals disclaimer The information provided in this report is for educational purposes only. It is not a recommendation
More informationTradeciety s Price Action Guide
Tradeciety s Price Action Guide Welcome... 3 Who am I?... 3 Some impressions from my trading & traveling lifestyle... 4 What Is Price Action?... 6 Candlesticks vs. Chart patterns... 7 Top 3 Candlestick
More informationFree signal generator for traders
Free signal generator for traders Trader s Bulletin Pivot Point Trading Strategy 1. Just download the FREE tool 2. Key in a few numbers 3. And follow the simple techniques by Mark Rose To make money from
More informationMarket Observations - as of Aug 17, 2018
Market Observations - as of Aug 17, 2018 By Carl Jorgensen - For Objective Traders - For educational purposes only. Not Financial Advice. This week we saw a reversal of roles from the prior week. This
More informationTHE BALANCE LINE TRADES THE FIFTH DIMENSION
THE BALANCE LINE TRADES THE FIFTH DIMENSION We have now arrived at our fifth and final trading dimension. At first, this dimension may seem a bit more complicated, but it really isn't. In our earlier book,
More information