|
Beginners Tutorials |
Written by ActionForex.com |
|
|
Flags and pennants are very short consolidation periods that appear within a fast moving trend. Both are preceded by a sharp move that is nearly a vertical line, and both show consolidation against the direction of the trend. The flag is a pattern formed by two parallel lines sloping against the trend, while the pennant is a pattern of two converging lines that appear very similar to the triangle or the wedge formation. |
|
Read more...
|
|
|
Trading Psychology Articles |
Written by Dr. Van K Tharp |
|
|
When I first went through A Course In Miracles, I made a commitment to follow my bliss. Joseph Campbell stated in his remarkable series The Power of Myth that following your bliss is essentially following God's path. And that seemed great to me: do what gives me joy, and my life would work better. |
|
Read more...
|
|
|
Forex Articles |
Written by Ian Copsey |
|
|
In general Candlestick charting developed in the futures and stock markets and thus many of the patterns or techniques are suited more to these markets. Many still claim that Candlestick charting can be applied to the Forex market but there are limitations when the technique is used in Forex charts. |
|
Read more...
|
|
|
Beginners Tutorials |
Written by ActionForex.com |
|
|
The symmetrical triangle has two equal sides sloping towards each other at the same angle. It favors neither a downside nor an upside breakout. As a result, traders should look for it to signal a continuation of the move in the original direction; or, in other words, the move of the overall trend. |
|
Read more...
|
|
|
Beginners Tutorials |
Written by ActionForex.com |
|
|
The converging triangles, no matter descending or ascending, represents the psychology of traders on the market. Before the breakout, traders are not sure which direction the price will go, they are trading with great caution, and thus, reflected by the narrow trading range before the breakout. The range will get narrower as traders are getting more cautious before the final breakout. Once the direction of breakout is conformed, the followers will enter the market following the direction, which forms the strong momentum after the breakout. |
|
Read more...
|
|
|
Beginners Tutorials |
Written by ActionForex.com |
|
|
Triangles can best be defined as converging trendlines. Based on this fact alone, traders can draw two immediate conclusions regarding triangles: As they converge, volatility contracts; this suggests a breakout is on the horizon. Once one of the triangle's trend lines is broken, traders can expect the market to breakout in that direction. Triangles can be divided into three main types: ascending, descending and symmetrical. |
|
Read more...
|
|
|
Beginners Tutorials |
Written by ActionForex.com |
|
|
The Saucer Bottom is a very slow developing pattern that does not have a clear entry point in most cases. It becomes the foundation for a long term uptrend, but it often gives no direct signal to buy. The saucer represents a gradual loss of momentum in a downtrend, followed by consolidation in a sideways market, and an eventual return of the trend higher. A saucer may only be visible on a weekly chart, because the time it takes to develop is so long. |
|
Read more...
|
|
|
Trading Psychology Articles |
Written by Adam Rosen |
|
|
There has been much said about the psychology of trading and the necessity that we manage our emotions with every gain and loss. Emotions tend to rise to the surface during times of uncertainly as we are faced with an unexpected situation or crisis. How would we feel to win the state lottery worth over $10 million? It is easy to say, we would feel very surprised and in fact ecstatic. |
|
Read more...
|
|
|
Trading Psychology Articles |
Written by Dr. Van K Tharp |
|
|
I've been practicing taking my vitamins for a while, and I'm noticing a lightening and expansion in myself. I think it is wonderful and I thoroughly encourage you to follow these ideas yourself. For example, I went with my wife to a place of great beauty. We spent a lot of time hiking, meditating, and being with nature during the week. My concerns seemed to melt away as a result. It was probably the most relaxing vacation I've had in a long time despite some "apparent" external pressures that were bothering me a lot before I left. |
|
Read more...
|
|
|
Technical Analysis Articles |
Written by Ian Copsey |
|
|
In a single word: No. I often hear of or read the comment that analysts use moving averages to predict price direction and even the next close. I started my career as a technical analyst way back when I was working in Hong Kong and my treasurer sent me on a technical analysis seminar where I learned about golden crosses and dead crosses. In particular, stated the presenter, use a 20 days and 60 average to represent a 1 month and 3 month average. |
|
Read more...
|
|
|
Trading Psychology Articles |
Written by Dr. Van K Tharp |
|
|
Our first two vitamins have included 1) Focusing on the Moment and 2) Making Yourself Laugh. Both of these involved doing things that cause you to lighten up. This week we'll change directions slightly and focus on some vitamins that help you discover who you are. This month I'd like to suggest a third vitamin that if something bothers you, give it to God; |
|
Read more...
|
|
|
<< Start < Prev 11 12 13 14 15 16 17 18 19 20 Next > End >>
|
| Results 155 - 165 of 479 |
