Trading Techniques – The Elliott Wave

The Elliott wave principle is primarily a trend-following school of technical analysis that describes market movements as waves. In Elliot wave theory each market movement, or wave pattern, is designated with a numeric label and a behavioral designation-impulsive (trending) or reactive (corrective). It is named after the market analyst R. N. Elliott, who published his ideas in two books: The Wave Principle (1938) and Nature’s Laws-The Secret of the Universe (1946). Elliott wrote that a market movement, whether a bull move or a bear move, always could be broken down into five separate waves, with three being impulsive, or trending,...

Trading Techniques – The W D Gann Method Mar11

Trading Techniques – The W D Gann Method

W. D. Gann is a name that many professional traders know well. Gann’s 1942 book How to Make Profits in Commodities is a classic trading text that is full of sound advice covering topics from market trends, to isolated highs and lows, to swing trading, to volume analysis, to individual psychology and money management. Gann talked about the importance of studying the difference between a time period’s opening price and closing price long before other analysts were talking about information that we now know is embodied in candlestick charts. Despite his insistence on “never bucking the trend,” Gann is best known for his...

Swing Trading System

Any Swing Trading System involves shorter time frames than the daily charts; this generally means trading from the 240, 60, and 15 minute charts. The time you could be in a swing trade can range from hours to days, and the trade can be a trend trade or a counter-trend trade. Often swing...

Commodity inflation

An important link between interest rates and currency values is commodity inflation, which, unlike an individual area or country’s business activity, affects all economies. As inflation rises and prices spiral upward, some people quickly start to buy up future supplies of basic...

Day Trading

Short-term, or day, trading means that the trader generally does not hold positions overnight and trades a lower time frame chart such as a 15-minute or a 5-minute chart or a chart with an even lower time frame. Day trading is popular for several reasons, especially its simplicity once the skill has been mastered. It is a business with very low start-up costs and a technically unlimited upside. Although there is the possibility that individuals can lose more than they fund an account with, brokerage houses have gotten much better at closing an account holder’s trades out for her rather than let her incur a debit balance, that is, let...

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