Articles for: Technical Analysis

Over the past month there have been many great shorting opportunities for students that follow the Safety in the Market trading system.

In Issue 221 of the Trading Tutors Newsletter, published 17 August 2007, we looked at the Chicago Wheat futures market.

Thank you for your many emails. As anticipated your comments had two things in common. Firstly you all had strong views – in a frightening sort of way.

This may sound unseasonable. Most market commentators are beginning to come around to the idea that the current pullback was an expected correction and things are going to waltz along as before.

Trend strength is an important part of trading directionally when it comes to most systems. A while ago, we looked at an additional criteria that a ProfitSource user employed at one of our software training sessions.

And thank you for those of you who wrote in with very sincere concern for my state of mind. I am sorry if I alarmed you but I have found getting things off my chest a calming process.

In this age of computers and technical trading software, Welles Wilder’s Relative Strength Index (RSI) remains one of the most popular indicators in technical analysis. <

Not sure if it’s been quite a decade but it does not matter. I sold down and tried my hardest to be a bear and I had a miserable week. It confirmed all I have always believed.

Because by the time this goes to print I will be back going long again. I just can’t help myself. Maybe I have an addiction. Maybe I have a problem.

Meteorology involves collecting large amounts of data from many different sources in order to predict what the weather will do.