Charting 101
The Time Periods of a Trading Day
The following are very important shifts in trading throughout the day. Although this outline is geared for the day trader, longer term investors may be able to place orders at optimal times and get a better sense of market consistencies.
9:30…
23Jul2006 | Stephen Oakes | 0 comments | ContinuedVolume Volume Volume Part II
In another example, a two to three day climb occurs with a star doji forming at the peak. This indecision coupled with low volume is a good indication that the price will come tumbling down.
Another tip to consider are huge…
23Jul2006 | Stephen Oakes | 0 comments | ContinuedVolume Volume Volume Part I
Volume is one of the ultimate indicators. Volume can be associated with the amount of emotion that goes into a direction that the stock takes. If a stock has high volume on either a positive or negative move, chances are…
23Jul2006 | Stephen Oakes | 0 comments | ContinuedTrend Lines Part II
In a typical downtrend we see that the stock has broken through its support and begins a trend characterized by lower lows and lower highs. Note that when the stock will break this trend by making a higher high and…
23Jul2006 | Stephen Oakes | 0 comments | ContinuedTrend Lines Part I
Drawing trend lines is a skill that will help determine the true aim of a stock in the long run. From trend lines we can tell if the stock is taking a temporary dip, telling us it’s time to buy.…
22Jul2006 | Stephen Oakes | 0 comments | ContinuedCandlesticks 101
Candlestick charting techniques were introduced by a world renowned seventeenth-century Japanese rice broker, Munehisa Homma. This man was among the first of his kind to look at price history and then use this information to predict future prices. It is…
22Jul2006 | Stephen Oakes | 0 comments | ContinuedSupport and Resistance Levels
Understanding support and resistance levels is very simple. A stock will trade in a range, fluctuating up and down until it finally makes a definitive move up or down. When a stock rises and then suddenly hits an imaginary price…
22Jul2006 | Stephen Oakes | 0 comments | ContinuedThe Business Cycle
Over time you will be able to look at a chart of a stock and recognize what part of the business cycle it currently is. The business cycle is divided up into four parts or stages. During stage one; stocks…
What is TA all about?
Technical Analysis is the study of historical stock price data in the form of trends, volume, indicators, etc. One uses TA in trying to predict future movement. In many cases, patterns are formed which often tell stories about recent price…
21Jul2006 | Stephen Oakes | 0 comments | ContinuedTechnical Analysis Spot
Welcome to Charting 101…
Many investors believe in technical analysis or fundamental analysis. Although I am a fan of applying both to my investment strategies, it is my purpose here to only discuss pure technical analysis. I will identify stocks to…
21Jul2006 | Stephen Oakes | 0 comments | Continued-
-
Sponsors
Informative tips on getting credit cards for bad credit and the best practices of consolidating debt. Find out how to refinance your mortgage the right way and learn the details of cash advance and payday loans. All at Financial Web.
Loading ...
