Federal Open Market Committee (FOMC) of the Federal Reserve in United States holds regular meetings on its interest rate and other monetary policy decisions. The post-meeting announcements are widely monitored ...
Plunge Protection Team (PPT) is the nickname for Working Group on Financial Markets. The term was branded as a myth by the financial industry until it was exposed and subsequently ...
Measured move is a highly structured price movement that consists of 2 swings in the same direction with a pause in-between. Detailed explanation can be find in this article
Nowadays, many markets trade 24 hours a day. That was not the case before this Internet age and most businesses/trading firms still operate within normal day time hours based on ...
Consolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...
Daytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...
Classic Tick Index from NYSE is a broadcasted real-time market breadth data. It is a market timing tool. Tick indices we used here are customized Tick Indices created from specialized ...