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Moving averages 11 Feb 2010 | 10:33 am
Simple moving average A simple moving average (SMA) is the unweighted mean of the previous n data points. For example, a 10-day simple moving average of closing price is the mean of the previous 10 da...
Bollinger bands 11 Feb 2010 | 09:31 am
Bollinger Bands are a technical analysis tool invented by John Bollinger in the 1980s. Having evolved from the concept of trading bands, Bollinger Bands can be used to measure the highness or lowness ...
Introduction to Candlesticks 11 Feb 2010 | 09:03 am
The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, ma...
Triple Top & Bottom 31 Jan 2010 | 11:16 am
Triple Top The formation of triple tops is rarer than that of double tops in the rising market trend. The volume is usually low during the second rally up and lesser during the formation of the third ...
Double Bottom 31 Jan 2010 | 11:03 am
This is the opposite chart pattern of the double top as it signals a reversal of the downtrend into an uptrend. This pattern will closely resemble the shape of a “W”. The double bottom is formed when ...
Charting Terms and Indicators 31 Jan 2010 | 10:43 am
Types of charts OHLC – Open-High-Low-Close charts plot the span between the high and low prices of a trading period as a vertical line segment at the trading time, and the open and close prices with ...
Double Top 31 Jan 2010 | 10:35 am
The double-top pattern is found at the peaks of an upward trend and is a clear signal that the preceding upward trend is weakening and that buyers are losing interest. Upon completion of this pattern,...
Cup And Handle 31 Jan 2010 | 07:45 am
A cup-and-handle pattern resembles the shape of a tea cup on a chart. This is a bullish continuation pattern where the upward trend has paused, and traded down, but will continue in an upward directio...
Trend lines 31 Jan 2010 | 07:33 am
A trend line is formed when you can draw a diagonal line between two or more price pivot points. They are commonly used to judge entry and exit investment timing when trading securities. A trend line ...
Elliott wave principle 31 Jan 2010 | 06:40 am
The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, cre...
