Part of Art of Chart Reading
The terms swing high and swing low often show up in all kinds of technical analysis discussions. They are simply the local extremes that are ...
Part of Art of Chart Reading
The Pursuit Of More Timely Trend Identification I started my chart reading education with the swing trend definition because that was the one that ...
Part of Art of Chart Reading Many traders are obsessed with the idea that there exists secret uber chart patterns that produce superior returns with virtually no ...
Part of Art of Chart Reading
The concept of trend has be a very controversial topic for years ever since the first generation technical traders from early 1900s introduced the idea. ...
Part of Art of Chart Reading The basic types of price movements are just contraction and expansion. It is similar to how we breathe. It cannot be simpler. ...
Part of Art of Chart Reading
Many people likes the comfort of guru opinions, especially when that opinion agrees with their own. When the guru opinion, even if it is a ...
Many readers emailed me asking for more information about Bitcoin and where they can learn more about it. Well, there are many options to choose from. Here is a short ...
Part of Art of Chart Reading
There are chart readers who use many patterns. They use so many patterns you have to wonder if it is feasible to recognize them all. ...
Sometimes it is better to look at the big picture from afar to gain better perspective. Here is the weekly chart of Dow Jones Industrial Average. FOMC ...
Downside target is 13500-13800 area.
As I predicted, Nikkei is gunning for another limit down today. =P
Central bankers are itching at this point to intervene again for sure.