Archive for September, 2009

Forecast Price using Pivot Point Analysis – Part 1

Pivot Point Analysis is a price forecasting method that is very popular among professional day traders. There are some other terms, such as price range forecasting or pin-pointing tops and bottoms, that used to refer to the numbers derived by pivot points.
The Pivot Point Analysis is considered as a leading indicator rather than a lagging [...]

Easy Profits from Moving Averages Trading – Part 2

Moving Averages (MAs) could be used from the simple to the complex trading system. The basic of trading using MAs is to trade in the same direction of their slope.
When enter a trade, don’t buy high above Moving Average or sell low below MA. Enter a trade when price return to MA. When traders buy [...]

Easy Profits from Moving Averages Trading – Part 1

Moving Averages or MAs are among the simplest tools for technical traders. They are ones of the most useful tools that help traders in identifying trends and finding entry points.
The Moving Averages are plotted on price charts. No matter what time-frame is used, traders can apply Moving Averages on it.

The Kangaroo Tail Pattern in Technical Analysis

The kangaroo tails is a pattern that points trading opportunities for traders. It has been introduced in Alexander Elder’s book, Come Into My Trading Room.
The tails could be used to mark trend reversals in markets. While trends need long time to form, the kangaroo tails are formed in just a few days.