This is a subject not many traders talk about and explain how you may overcome it. But the fact is money management from a winning position is the hardest thing about trading When do you take profit? When do you move your stoploss? Whats the plan Hope this video helps!
So I use a squawk service to get all my fundamental data Because its quick reliable and easier to process Here is an example of what one is and how it works If you would like any more info please contact me
Learn how to draw fibs correctly with this introduction video
Support and resistance levels are very important in my trading, in this video, I will explain how to draw them correctly
A simple moving average (SMA )is an arithmetic moving average calculated by adding recent closing prices and then dividing that by the number of time periods in the calculation average. A simple, or arithmetic, moving average that is calculated by adding the closing price of the security for a number of time periods and then dividing this total by that same number...
Point and figure is a charting technique used in technical analysis. Point and figure charting does not plot price against time as time-based charts do. Instead it plots price against changes in direction by plotting a column of Xs as the price rises and a column of Os as the price falls
Account and money management in trading This is one of the most important subjects in trading and here is a basic entry level video on money management in trading
MACD, short for moving average convergence/divergence, is a trading indicator used in technical analysis of stock prices, created by Gerald Appel in the late 1970s. It is supposed to reveal changes in the strength, direction, momentum, and duration of a trend in a assets price Watch the video to see how we could use the MACD
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Is that the only way to use it NO!!!!
It is said that Ralph Nelson Elliott developed the Elliott Wave Theory in the late 1920s. Elliott believed that stock markets, generally thought to behave in a somewhat chaotic manner, in fact traded in cycles. Elliot Wave has strong links to Fibbonacci as this video will explain:
This morning the energy regulator OFGEM published its long awaited report on the energy price caps. CNA were one of the best performers in the energy sector as the result was not as bad as first feared. Ofgem pegged the limit for how much utilities can charge households on so-called standard variable tariffs at 1,136 pounds ($1,465) a year. That’s about 7...
Decent volume seen on this break to the upside well over the 30 day relative volume level In their most recent report last month : Adjusted operating profit from ongoing businesses up 11 per cent. Continued strong cost management delivered savings to offset inflation. Adjusted basic earnings per share up 19 per cent to 2.49 cents. Following a special dividend of...
The point and figure chart suggests the upside break was false. Now we have two key short term levels to keep an eye on. Twitter users keep ramping up the stock so look out for official RNS's This may be some kind of pull back before a break higher so do not discount that point of view
Quiz is a ladies fashion brand in the UK that sells clothes online and within UK retailers. Today I noticed a unusual amount of volume going through the stock and a decent price rise. After some more investigation I saw that the AGM is coming up and maybe this is no coincidence.
The restaurant owner is on the move after improving pizza sales in the UK. What interests me about this firms is that they are not opposed to international expansion and expansion in the UK. I am looking to see if sales continue on this path and if the Co. will establish some kind of dividend in the future. The trendline break occurred with significant volume...
''The Co.'s Shares shares shot up 18% in Wednesday morning’s deals after the African coal group landed a supply contract. A new two-year contract sees Edenville supply 4,000 tonnes of coal per month.'' We can see the trendline has now been broken on good volume
Looking at the chart now, you can see since the merger was announced price gapped higher to trade around 315p. We now have a new consolidation range between 294 - 327p and I am waiting to see if we get a break on with high volume today. On the downside keep an eye on the previous consolidation top specifically 294 and 280p and the next resistance is the 350p...
CADNOK is normally a WTI/BRENT spread pair but in this instance, I feel that the Norges bank rate hike may be priced in somewhat. On the other end of the scale the Canadian Dollar looks slightly undervalued and if WTI continues on this amazing run we could see some CAD appreciation. Long term I am looking for the NOK to pull back against most crosses as all of...