Articles for: Chart Patterns

Considering your recent article , don’t you think that we are at a very strong resistance level of 50 % retracement of the total fall and the current up move is about to finish as we are very near to the time by degrees date as well

There has been some excellent research conducted over the years that identifies the best performing managed funds.

Trading a break of a trend line is one of the oldest technical trading methods around. Like all trading signals, it has its share of false breaks. However, there are a few simple methods to help weed out these false signals.

The last few years have seen Exchange Traded Funds or ETFs, become exceptionally popular, especially in the United States. This popularity is well justified as ETFs offer an easy way of gaining exposure to stock groups and commodities.

I have written before (in Issue 317) on the subject of what are called Geometric Angles or Gann Angles. These are part of the 3rd dimension of Gann analysis, also known as ‘squaring time and price.’ If this sounds totally confusing, don’t worry. Think of a simple trend line. It is a line joining 2 tops or 2 bottoms and extended forward. The difference with a Gann angle is that it moves at a fixed rate and is thus not dependent on a second top or bottom in order for you to draw the line. You may find it helpful to review the earlier article.

I had an interesting email this week from a client – Naresh:

…from India and had been following your mails regularly.

I did attend the safety in the market course 5 day trading congress with Mr. David Bowden.

Considering your recent article , don’t you think that we are at a very strong resistance level of 50 % retracement of the total fall and the current up move is about to finish as we are very near to the time by degrees date as well

Shall appreciate your reply for better understanding .

Regards

Naresh

Nearly three months of 2010 have come and gone and so far, there haven’t been too many bulls to be seen on the Euro. They must be off in a paddock somewhere, enjoying the spoils of the excellent long trading of 2009!

What if China’s warning of a double dip recession were to come true? What would you do? When would you do it?