Support And Resistance | Trading For Beginners

Where To Place Your Stop

Friday, December 17, 2010

Many traders have a problem defining where they should place their stop loss. They have no problem entering a trade but often have a problem defining where they should take profits or cut their loses. In this lesson we will cover some of the popular methods of choosing a stop loss. 1. Dollar value. 2. [...]

Why does technical analysis work?

Saturday, December 11, 2010

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Technical analysis describes different ways of predicting the future of the stock/futures market based on its history. Unfortunately, technical analysis is not an exact science. Many prominent scientists label it as “voodoo science”. They claim that due to market efficiency, if you use TA to find your entry positions, you’re no better off than someone [...]

Multiple Time Frames

Thursday, December 2, 2010

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Multiple time frame trading has probably done more to increase my overall profitability than any other one thing alone. The correct use of multiple time frame trading will allow you to stay in the trade longer by better identifying where you are relative to the big picture. I first became interested in multiple time frames [...]