Recently TradingSim launched a free trading simulator that is specifically geared for day traders.
Maybe its just me, but it seems like TD Ameritrade has really been pushing their Pattern Matcher application. Everywhere I turn their same commercial is playing over and over again.
I reviewed the service when it first came out a while back, but have never really looked at it since, so I thought I would give [...]
Energy fields? I am pretty sure most of you have never heard about energy fields being used with technical analysis, but it might be something you may take notice of more often now.
With the help of MarketClub, we were able to get this video analysis of gold together. Who knew that we would actually use [...]
The following is a list of 16 free quality articles that teach you how to properly use support and resistance to trade stocks.
Support and Resistance (StockCharts)
Support and Resistance Basics (Investopedia)
Support and Resistance 2 (Wikiepedia)
Technical Analysis Basics: Support and Resistance (Million Dollar Journey)
Support and Resistance Part 1 (Learning Markets)
Support and Resistance 3 (Incredible Charts)
The Simple Keys [...]
If read correctly, ascending tops can lead to profiting off massive swings.
The idea is pretty simple. An ascending top is formed with the combination of higher lows and higher highs. Common in a bull market, a prime stock is usually within a positive trend upwards.
It is important to remember that these movements won’t last forever. [...]