Introduction to Market Cycles Lesson One Markets are more predictable than you and I have been led to believe. We have been told that historical data cannot be used to predict what will happen. But is that statement actually true? Answer -- YES and NO. It is not a lie. Even with the best techniques of technical analysis and analyzing the repetitive...
Chart speaks for itself.
What is trend? Trend is the direction in which the market moves. An upward trend consist out of higher highs and an downward trend with lower lows. * Upward trend * Downward trend This is called the sideway market, which also is called trading range: This is an neutral trinagle, where we see lower highs and higher lows. At this markets it is...
One of the most influential instruments for analysing the financial markets is the Dow theory from Charles Dow. This theory has six principles: 1. everything is processed in the indices or market averages; 2. the market has three trends; 3. each primary trend consists of three phases; 4. the market averages must confirm each other; 5. the volume must confirm the...
The "Moving Average Convergence Model," also known as the "MACD Model," is one of the most widely used indicators for trading endeavors. It consists of two lines representing the short term and long term moving averages. The blue line represents the 12 day short term moving average or SMA for short. Likewise, the orange line represents the 26 day long term moving...
My fascination to market geometry and the perfection of Fibonacci numbers in market geometry is endless. Always thank you Andrew Long (triggers.ca) for teaching me too see this patterns.
MARKET ANALYSIS: The market has broken the huge uptrend channel and now its moving to a sell. Now in the lower time frame we have descending channel formation. We have strong support zone near the market price now. If the support zone is broken we can see a new lower low for a huge shorting opportunity. So lets wait and see what the market does in the coming days. Cheers!