Many times both new and experienced traders do not know where to start to begin the education training for becoming a better trader. Via the internet and books, there are thousands of resources available to help fine tune your trading skills. The question becomes where do Read the rest of this entry »
As we move on the Day 25 of our 30 Day Challenge, we want to start bring things together. We spend the last several videos discussing various technical indicators:
Effective Video Technical Analysis Trade Plans delivered daily from AccendoTraders.com. Here we are on day 20 of Accendo Traders 30 Day Stock Market Challenge. Today, we begin our two part video on Accendo Traders Three Musketeers. What are the Three Musketeers? Click the Read the rest of this entry »
Effective Video Technical Analysis Trading Plans delivered daily from AccendoTraders.com – Here is our Weekend Wrap up Commentary for Saturday, August 14th. In this video, we discuss the market moving news of the past week. From the economic downgrade on China to the six month high in unemployment claims. We Read the rest of this entry »
Our next area of focus for technical analysis within our Accendo Traders 30 Day Challenge will be Bollinger Bands. I can tell you that when I first started trading options years ago, I attended a paid seminar for Investools. The seminar was beneficial; however, the instructor was adament that every Read the rest of this entry »
Effective Video Technical Analysis Trading Plans Delivered Daily from AccendoTraders.com – Here is our Weekend Wrap Up For Saturday, July 31st. In this video, we summarize the market’s move over the month of July. The gloom of doom predicted at the end of June did not come to Read the rest of this entry »
Our Day 21 of our 30 Day Challenge, we continue to examine the importance of technical analysis by discussing how to incorporate Moving Averages into your trading system. Technical analysis has been around for decades and through the years, traders have seen the invention of Read the rest of this entry »
Our Day 20 of our 30 Day Challenge, we continue to examine the importance of technical analysis by discussing how to incorporate Moving Averages into your trading system. Technical analysis has been around for decades and through the years, traders have seen the invention of hundreds of indicators. While Read the rest of this entry »
History According to Steve Nison, candlestick charting first appeared sometime after 1850. Much of the credit for candlestick development and charting goes to a legendary rice trader named Homma from the town of Sakata. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar:
The “what” (price action) is more important than the “why” (news, earnings, and so on).
All known information is reflected in the price.
Buyers and sellers move markets based on expectations and emotions (fear and greed).
Markets fluctuate.
The actual price may not reflect the underlying value. * data from Introduction to Candlesticks on Stockcharts.com
Our Day 19 of our 30 Day Challenge, we we will talk about one of the most important technical analysis concepts: support and resistance. Support and Resistance could be labeled the basis of ALL Technical Analysis for stocks, forex, futures, etc. Understanding this key concept can drastically Read the rest of this entry »
Effective Video Technical Analysis Trading Plans Delivered Daily from AccendoTraders.com – Many traders are aware of the advantages of trading support and resistance. We’ve also put together several videos on how to draw trendlines. In this video, we begin the discussion of how to trade support and resistance using Channels Read the rest of this entry »