Stock Chart Patterns You Should Know

Stock Chart Patterns You Should Know

5 Great Stock Chart Patterns Every Investor Should Know Over a series of articles, I have reviewed the basics of technical analysis. With an understanding of trendlines, channels, support, resistance, triangles, and reversals, you have a basic foundation that can be applied to unique technical patterns. The following five stock chart patterns are unique, yet powerful. Understanding their uses will increase your likelihood of identifying market-changing events. These patterns are: 1. Gaps Gaps occur when a price opens much higher (gap higher) or lower (gap lower) than the previous day’s…

Forex Charting for Beginners

Forex Charting for Beginners

Introduction to Forex Charting This part of the course is going to give you a brief overview of the three primary types of charts that you will run across in your Forex trading journey. The chart type that I use, and that my members use, is candlestick charts, I feel forex candlestick charts do the best job at showing the price dynamics in a market, since their design helps you to visualize the “force”, or lack thereof, that a particular price movement exhibited. So, let’s go over the three main types of…

Labour market reforms called by IMF

Labour market reforms called by IMF

Labour market reforms include higher public spending to help the jobless find work, cutting benefits to encourage the jobless to take low-paid work and cutting taxes The protracted weakness of the global economy has highlighted the need for lower taxes on employment and higher public spending to get the unemployed back into work, the International Monetary Fund has said. Expressing concern about sluggish growth in the west since the 2008-09 downturn, the Washington-based IMF said it was time for ultra-low interest rates and quantitative easing to be accompanied by a range of structural reforms. The IMF…

Great Buys In April

Great Buys In April

3 Boring Stocks That Are Great Buys In April Following a weak start to the year, markets have posted strong returns last month. Gains have come on the back of two major factors, a decline in rate hike fears and resurgence in oil prices. Stocks gained again on the first trading day of the month, raising hopes of better times ahead. However, concerns continue to linger just beneath the surface, even though they are being ignored at this point in time. This is why it is necessary to pick stocks…

Futures Brokers

Futures Brokers

Futures Brokers are Getting Rich! This is what you hear a lot of times from losing traders.  They are always complaining the futures brokers are getting rich while they are losing money.  Most of the time the losing trader turns out to be a gambler and is looking for somebody to blame other than themselves. I have held a Series 3 Commodity Brokers license, not because I wanted to be a broker, but because I was a self-taught trader and wanted to learn what the markets are all about.  By…

Trading Software

Trading Software

The Best Technical Analysis Trading Software Most brokerage firms today offer free or premium trading software applications to individual clients when they open a brokerage account. The bundled software applications, offering a wide variety of trade, research, and analysis functions, are used as a prominent sales-pitch to the trader client. They also boast features like in-built technical indicators, fundamental analysis numbers, integrated applications for trade automations, news, and alert features. We will examine some of the most widely used, based on features (not price point): MetaStock Trader: One of the…