Technical Analysis (Part 21) – Japanese Charts: Line Break

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TOKYO - DECEMBER 29: Billboards in Shinjuku's Kabuki-cho district December 29, 2012 in Tokyo, JP. The area is a nightlife district known as Sleepless Town.

Renko charts, discussed in the previous article, should have given you a whole new perspective on how to analyse and trade chart data. In article 21, we are going to look at another form of Japanese chart that helps you to spot reversals! Calling the turn (reversals), when trading any financial market, is a notoriously difficult thing to achieve with any given consistency. There are thousands of different technical analysis tools and techniques that try to give you this edge. One of the best and most simple I’ve come across is the Line Break chart. [Read more…]

Traders Surgery July’17

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Traders Surgery 27th July 2017

It was great to see everyone at this month’s Traders Surgery and a big welcome to our new members. The surgery kicked off with a discussion on Sins and Wins from the previous month.

WEBINARS

THE STOP HUNTER’s first webinar took place in the early part of July covering the use of Renko as a technical analysis and trading tool.  It is available for members to view within the members section of THE STOP HUNTER website.

The next webinar will take place on the 8th August at 6pm covering line break charts.  Members can sign up for this on the website.

TRADING QUESTIONS

The Traders Club members had identified questions for discussion. A few of the topics covered included; earning season strategies, preparing for a trading day, searching for trading opportunities and identifying them, the stop hunt – how to use this concept in trading.

TRADING OPPORTUNITIES

Lean Hogs still remain a trading opportunity even after the 25% move seen recently.  SH will be providing a list of potential stocks to trade using the earnings season strategy, which will be included in the Traders Club reports.

The next Traders Surgery is on Thursday 31st August 2017. It is a 2hr FREE coaching session exclusively for members of our Traders Club.

NB: The next Traders Surgery Webinar is on Wednesday 30th August 2017. Register via the Traders Club.

If you would like to join the Traders Club you can find out more here.

Technical Analysis (Part 12) – Direct Price Analysis (DPA): Trending or Ranging?

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Pessimistic Bear

In the last article, we looked at indicators on price. This week we try to answer one of the hardest questions in technical analysis. When is a market trending or ranging? Understanding what camp you are currently in will be crucial for your trading success. Many of the technical tools you will come across work better in the different periods of price action. We look in particular at one indicator; the Directional Moving Indicator (DMI), which tries to answer this question. [Read more…]

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with any provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.