Last week in Part 7, we looked at Market Breadth. We now start a chain of eight articles covering technical analysis directly carried out on price. We will be looking at patterns, support & resistance, trends, Fibonacci, pivots, moving averages, bands, indicators and Ichimoku. The first of the eight, looks at Trends, Support & Resistance. Understanding these principles will give you the necessary building blocks to understand price action and analysis and evolve your technical analysis learning. [Read more…]
It was great to see everyone at this month’s Traders Surgery and to welcome more new members. The surgery kicked off with a discussion on Sins and Wins from the previous month and looking at how we can all improve our win/loss ratios. [Read more…]
Great interactive session last night teaching the Society of Technical Analysts (STA) Exam Prep session for the MSTA qualification at the London School of Economics. Covered all sorts of topics; the obvious exam hints and tips, how you write professional grade Technical Analysis reports, analysis in 3 time frames for the investor and trader, the basics: moving averages, trends, risk return, money management, Fibonacci, Ichimoku and much, much more. Good luck to all students sitting the exam in late April!
In the UK I’ve noticed a worrying lack of appreciation for how our own personal finances work. An absence of knowledge on the investment tools we could take advantage of, and a lack of understanding and knowledge as to how the UK economy operates; and what it means for us and our day to day lives. We do a lot of moaning but don’t do a lot about it! So come on Britain, get financially educated! [Read more…]
Risk & trade management are two important areas of trading that you should have firmly sorted before you start to trade. Whilst they each apply themselves to trading slightly differently – risk management at a macro level and trade management at a more micro level – their objective is essentially the same. [Read more…]