Reading Stock Charts Like the Professional Traders All Technical Traders need to have very high visual pattern skill development so that they can click through charts quickly and identify patterns that they prefer to trade. Unfortunately for most Retail Traders, this skill is underdeveloped, leaving them to rely too much …
5 Tips Include Identify Candlestick Price Action Oftentimes, traders just cannot find great stock picks quickly and easily. This leads many traders to resort to relying upon news, recommendations from gurus, social media, or online trading chat rooms. Unfortunately for those traders, High Frequency Traders (HFTs) and other predatory systems …
Recognizing Who Is Controlling the Stock Price There is a plethora of analysis training on Candlestick Patterns and interpretation, and yet this remains one of the most problematic areas for Technical Traders who want to trade at the expert level earning high income from just trading stocks. The candlestick chart …
Identify Stock Market Participant Groups by Price & Indicator Patterns The StockCharts.com indicator Accum/Dist was designed to help track the large-lot versus small-lot activity. Decades ago, when the concept of distinguishing between the large lots versus the small lots started being discussed by the Sell Side Institutions, the Stock Market …
Changing the Landscape of Professional Technical Trading The Balance of Power (BOP) indicator continues to prove its astounding value as the premier Large-Lot Indicator for trading stocks. The Balance of Power indicator has actually become a far more useful and valuable indicator in the past decade as more and more …
Candlestick Patterns and Large-Lot Indicators Short-term bottoms are often a sideways pattern that slowly rises out of the low. Sometimes it is hard to see this as a bottom developing, because price is moving in such a choppy up and down pattern each day. One great way to decide whether …
All About ATR Indicator in StockCharts ATR can be highly useful for technical traders who trade stocks, and stock or index options. It can work similarly to implied volatility and thus is particularly useful for options traders. ATR works on stocks, ETFs, and indexes providing valuable information about the magnitude …
Types of Indicators and How to Use Them A stock indicator is a formula that takes certain market data and transforms that data into a line or histogram to provide a graphical view of what is happening with price to determine what may happen in the near future. Indicators are …
Quiet Accumulation/Distribution Indicators The task of finding a simple reliable method for tracking the quiet accumulation of institutional investors in the stock market was no small feat for me many years ago. Market indicators track mostly indexes, advancing versus declining stocks, breadth, and so on which all basically track price …
Improves Candlestick Chart Analysis Wilder’s Relative Strength Index RSI is far superior to all other price oscillators due to the fact that it not only oscillates, but it also is a relational comparative indicator. As a comparative indicator, it has far more signals and patterns that form on a candlestick …