Having a trading plan is not going to make you a sudden millionaire. I mean, there are a dozen things that can possible be go wrong in the market, even with a plan, that a profit isn’t exactly guaranteed. But then, it would be...
Charting
Charts
Introduction to Chart Types There are 4 main chart types a trader can use for his Technical Analysis when Trading. Number one and arguably also the best know is the Line Chart, number two the Bar Chart, number three the Candle Stick Chart and...
On Balance Volume
On-Balance Volume or OBV for Short The On-Balance Volume indicator (OBV) is used to measure the Positive and Negative flow of Volume in a security, relative to its price over time. It is a simple measure that keeps a cumulative total of Volume by...
Volume
Volume is perhaps the easiest of all indicators to read or understand. Basically all it is, is a summation of all transactions for a given stock, share, commodity or Index over a given timeframe.(it doesn’t matter whether it is buying or selling E.g. if...
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