Technical analysis has come a long way over the last two decades to become the most commonly used and successful method of market analysis worldwide. This collection of the top technical articles from SFO, The Official Journal for Personal Investing, will take you from the Dow-theory origins of technical analysis to the cutting-edge synthesis of Eastern and Western technical methods. You'll learn myriad ways to draw a chart, see a trend, and spot the patterns that foretell price direction.
The leading experts in the technical field share their secrets to unlocking the world of technical trading, including:
Bonds, stocks, and commodities usually peak and trough in a predictable order that tells us whether the economy is peaking or troughing. Bonds change direction first, stocks second, and commodities third.
The adaptability of point and figure charts in both chart and indicator construction offers the trader and the investor an often unique insight into market action.
Candlestick charting tools will give you a jump on the competition: candle charts not only show the trend of the move, as does a bar chart, but, unlike bar charts, candle charts also show the force underpinning the move.
Traders can use moving average channels to determine when it is safe to buy market weakness or pinpoint when and where market retracements are likely to occur and whether the odds favor subsequent recovery.
Learn to use the wave principle to find high-probability price targets, distinguish high-probability trade setups from the ones that traders should ignore, and place protective stops in a real-time trading environment.
Points where diagonal and horizontal trend lines converge are the strongest areas of support and resistance found anywhere on a chart.
I have shifted to a combination of approaches, each contributing an important type of information: fractal structure to get directional information, phi analysis to identify price objectives. For timing, I use stochastics. Taken together, these three techniques produce incredibly accurate signals.
Technical analysis has come a long way over the last two decades to become the most commonly used and successful method of market analysis worldwide. This collection of the top technical articles from SFO, The Official Journal for Personal Investing, will take you from the Dow-theory origins of technical analysis to the cutting-edge synthesis of Eastern and Western technical methods. You'll learn myriad ways to draw a chart, see a trend, and spot the patterns that foretell price direction.
The leading experts in the technical field share their secrets to unlocking the world of technical trading, including:
Bonds, stocks, and commodities usually peak and trough in a predictable order that tells us whether the economy is peaking or troughing. Bonds change direction first, stocks second, and commodities third.
The adaptability of point and figure charts in both chart and indicator construction offers the trader and the investor an often unique insight into market action.
Candlestick charting tools will give you a jump on the competition: candle charts not only show the trend of the move, as does a bar chart, but, unlike bar charts, candle charts also show the force underpinning the move.
Traders can use moving average channels to determine when it is safe to buy market weakness or pinpoint when and where market retracements are likely to occur and whether the odds favor subsequent recovery.
Learn to use the wave principle to find high-probability price targets, distinguish high-probability trade setups from the ones that traders should ignore, and place protective stops in a real-time trading environment.
Points where diagonal and horizontal trend lines converge are the strongest areas of support and resistance found anywhere on a chart.
I have shifted to a combination of approaches, each contributing an important type of information: fractal structure to get directional information, phi analysis to identify price objectives. For timing, I use stochastics. Taken together, these three techniques produce incredibly accurate signals.