I first noticed this potentially forming a head and shoulders pattern last week, this morning it had a red/black candle which has now recovered and I'm wondering if it might form the base of a right shoulder on an inclining neckline.
Just a quick question about Advanced charts If i may...
When swing trading what time frame do most prefer to use?
I figure day traders are going to use 1 minute or 5 min.
Do you use hourly or daily to help you? a combination? zooming out from 5 min to daily or weekly to see a wider picture...
So just recently returning after long absence to forex.
While I have been profitable in all three trades, I'm disappointed at not cutting losses early on one trade. I let it come back round my way - so it ended as small profit.
I'm not using much leverage so could handle price going against...
I'm very much new so I'm sorry for this seemingly dumb post. But I'm trying to make sure I understand this recommendation.
I have attached a screenshot. I am assuming that the given scenario here is to buy at $13.06 and sell at $13.45 or $13.90 ? And put a stop loss at $11.54...
Hi everyone, I just wanted to know if there is any way to apply a tool over different charts to see what the outcome would have been, example I buy ASX200 & OBX25 everytime it drops one percent from its highest and close it when it reaches that one percent, I continue to do this upto 10% using...
Currently there are six stocks that make up the XTJ Telecommunications Services Index at the time of posting.
CNU - Chorus Limited
SPK - Spark New Zealand Limited
SDA - Speedcast International Limited
TLS - Telstra Corporation Limited
TPM - TPG Telecom Limited
VOC - Vocus Group Limited
I saw a guy in a cafe with a watchlist he was scrolling down on - so it had one line per stick - but at the end of the line it had a small chart
Handy tool so you don't have to flick to the chart for each stock ...
Does anyone know which software has this functionality?
I'm quite new in trading so I wanted to share my idea in order to have some feedback. I've been following the ASX200 index and this is the wave analysis I worked out:
I wonder what do you guys think, I appreciate :xyxthumbs
I saw what may be an interesting chart pattern on the $USD index, thought I would share it with you. Looking at the five year monthly chart there appears to be a very bullish pennant on a flagpole formation. It looks like it is about to take off. Let's see what happens.
Does anyone know where I can get a daily chart for the iron ore price?
I'd like to plot the FMG share price over the iron ore price.
I have access to AmiQuote/AmiBroker if that helps.
Whenever I type "iron ore chart" or "iron ore price chart" into Google it only provides very vague...
Amongst pro scalpers, would you say that they favour the tick chart over standard 1minute/5minute standard candle stick charts?
I'm starting to prefer a tick chart over everything else. Just curious to hear what you more experienced traders use and prefer?
What about longer term time...
Found this vid (just under 4 minutes long) on YT: http://au.youtube.com/watch?v=TLuvZ0quZ84
Looks extremely interesting method of using candle wick formations! It seems to suggest 50-100 pips are no prob (on Geppy) if you folow the technique, even though it may only present itself twice a...
Okay, some queries on this so here's my solution:
Only proven to work for CommSec Protrader (not the new Protrader2) but can be used for other charting software as well.
1) Display/Plot your chart and right click mouse when pointer is over chart
2) Choose 'Chart'->'Save As' from the...
Anyone care to air their views on the current state of the Dow Jones Industrials from a T/A perspective?
It looks to me like there is some support at around 10,400. Could get a bit sketchy if it falls through that level on heavy volume though.
Is the boogie man of further US interest rate...