Day Trading Price/Indicator Divergence

In this short lesson we will review the bullish divergence trading strategy and demonstrate how it can be used to predict intraday reversals and price movements. This strategy uses a combination of indicators including multiple time frames, candle sticks, moving averages, trend lines, and relative strength. This strategy can be used on nearly any time frame you choose, but this example will use intraday charts…

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Technical Analysis Crash Course: Volume

TA Crash Course: Volume

Volume is an important technical indicator that should be used on every price chart. The volume indicator represents the total trading activity for a specified time period, meaning how many actual units of an instrument have been exchanged. This information is usually represented by vertical columns at the bottom of the chart. Higher volume bars mean trading activity was heavier for the particular time period,…

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The Fan Principle Technical Analysis Tips

How to spot weak trends and market reversals using the trendline fan principle

Trendlines are one of the most simple and perhaps the most fundamental tool in technical analysis. The significance of a trendline is determined by how many times it has been successfully tested and the length it has been intact. The more times a trendline is successfully tested, the more confidence traders will have in that trendline in terms of support or resistance. Likewise, the penetration…

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Moving Averages Crash Course: How to identify market trends and price reversals

TA Crash Course: Moving Averages

Moving averages are some of the most fundamental and versatile of all indicators used for technical analysis. The purpose of a moving average is to identify or signal that a new trend has begun or that an existing trend has reversed. While chart patterns may be subjective and hard to follow, moving averages are precise and easy to interpret. This is what makes them so…

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Trendlines Technical Analysis Trading Crash Course

TA Crash Course: Trendlines

Unlike horizontal support and resistance, trendlines are diagonal or slanted areas of value. Trendlines do behave like support and resistance in that price action can be confined between two trendlines that form a channel. Trendlines are considered one of the most fundamental tools in technical analysis, they are easy to draw and simple to understand. Traders use trendlines to identify which direction price is moving…

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Technical Trading Words of Wisdom: 10 psychological tips to keep your profits consistent

Technical Trading Words of Wisdom

Are you stuck in a losing streak from trading and don’t know how to get out? The problem is most likely your state of mind. Here are some words of wisdom to keep you consistent from someone who’s been there. 1. Don’t worry about making money, focus on making good technical trades. This idea may seem ludicrous because you trade to make money but the…

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