IAG Plc another of THE STOP HUNTER’s favourites, and a stock that always somehow gets on the weekly Traders Club trade ideas report list. It’s a great fundamental stock :- An adventurous, super stock, with a 97 Stockopedia StockRank, trading in a currently strong sector: [Read more…]
Really enjoyed being guest speaker at the Society of Technical Analysts Summer Party & Awards ceremony last week. Asked to do something ‘lighthearted’ and now tagged as the STA’s Peter Kay!
Even better was my call of a Lean Hogs technical seasonality correction on the Tuesday evening and by the Thursday it had fallen 25% – who said I cant move markets!
Congratulations and good luck once again to all those students who achieved the MSTA qualification – I hope you found my ‘new technical analysts survival guide’ presentation useful and you’ll remember some of my top 10 tips when you’re at the top of your game!
Last week, we looked at the fascinating concept of Ichimoku. We now go up a gear in terms of our analysis. So far, we’ve mostly been looking at tools or analysis directly on price. We’re now going to look at various tools and indicators that are a derivative of the price action. They usually sit under the main price chart. Their role is to help confirm the price action and give the user another objective piece of analysis to aid decision making. Although, a lot of that decision making can become very subjective! I like to break my price confirmation tools down into 5 distinct types of indicators: [Read more…]
Part 14 showed us how useful and effective Pivots could be, especially for intraday trading. Part 15 introduces us to a very individual concept in technical analysis. Ichimoku is a unique trading tool for analysing any asset in any timeframe. To the outside observer, at first glance it looks a complete mess. Untangle it though and you have a straightforward and very powerful all round trading system that can seriously boost your trading results. This blog presents a simple overview of this system, building up the tools of Ichimoku using the S&P 500 Stock Indices as the base example, hopefully giving you an initial starting point on your journey into a unique part of technical analysis. [Read more…]
In the last article we looked at Fibonacci. In part 14, we look at something that is visually similar: Pivot Points. I find that Pivot Points are one of the best tools for trading intraday FX or Stock Market Indices. Like Fibonacci, they give you a road map for price support and resistance. At times they behave like magnets towards the price action and because of this, a trader can use these pivot points to anticipate future short term price action. They can be used in the longer term, but in my experience, this approach isn’t so popular. [Read more…]