One very useful technical indicator are pivot points. You can use them to show you where there is support and resistance in the market.
They're useful for helping you decide when to enter and exit a trade.
Pivot points are a popular tool amongst both professional and retail traders.
So how can you use them on your charts?
Read on to find out…
How to use pivot points on your cha... ››› more
Once you start trading, you want to be able to set your trades up so you don't have to watch them all the time.
This includes setting take profit levels and stop loss levels.
So how can you do this?
It all comes down to using exit orders.
Read on to find out what you need to do…
How to use exit orders to protect against large losses
When you trade, you’ll never be right 10... ››› more
When it comes to trading, over time you'll find different indicators you like to use and that give you the best success rate.
One popular trading indicator is pivot points. It can be very insightful. To use them, you need to understand the basics.
Read on to find out more about pivot points…
What are pivot points?
Pivot points are trading indicators. They show you levels of suppor... ››› more
Not many things make my blood boil, but this week's been a monumental exception.
~ Oil crash below the $50
~ Commodity prices continue to make new lows
~ The dollar keeps getting stronger and stronger
~ Greece has accepted a bailout after they had a referendum to vote against any government interference!
By now I probably sound like a broken recorder, becaus... ››› more
We continue to see red across the markets. Forex, indices, stocks you name it.
And it's my job to show you new and affordable alternatives you can add to your trading arsenal.
Before you needed R500,000 minimum to trade these kinds of instruments, but not today.
Today you can get started with just R500… And what's even more awesome is you can bank a 214.68% gain in the n... ››› more
Technical analysis can be an extremely useful tool for trading. It can highlight potentially profitable trades and give you warning signals when changes are afoot.
Spotting specific patterns on charts is one way to use technical analysis to your benefit.
So how do these patterns work? And which ones are worth looking out for?
Read on to find out…
The benefits of using chart patter... ››› more
You can open a trading account with as little as R500 with some brokers.
Whilst this is a reasonably small amount, you shouldn't use this as the basis for working out how much you need to start trading.
Instead you should base the amount you start off with on the money and risk strategy you're going to use once you start trading.
So how much do you need?
Read on to find out…
D... ››› more
Spotting different patterns on charts can be a great way of identifying possible trades. There are many different types of patterns, such as continuation patterns.
But there is one thing you need to keep in mind when using them. And this will also increase your chances of making profitable trades.
Read on to find out more…
Using continuation patterns to spot trading opportunities
... ››› more
Using technical analysis as your trading strategy can be extremely useful. By identifying patterns forming on charts, you can get an indication of what lies ahead for the price of an asset.
One very useful pattern is a cup and handle. If you spot one of these forming on a share, there's a good chance the price of an asset is going to soar.
So what are the identifying features of a cup and ha... ››› more
When you trade, you want to know what the overall trend of the market is. This applies to whether you're trading shares, currencies, commodities or any other asset.
The trend is important as you should trade with the trend, not against it.
So how can you identify the market trend?
It all comes down to using trend lines…
What are trend lines?
Trend lines are the basis of a succe... ››› more
Charting can be a great way of spotting potential trades and ways to profit from movements in the financial markets.
There are a number of different chart patterns to use to your benefit. Continuation patterns give you the chance to get into a trade while the price takes a breather before resuming its trend.
One great continuation pattern to use are pennant patterns.
Read on to find out h... ››› more
When you're in a trade, wouldn't it be good if you could predict when the trend is going to change?
To help you spot a brewing reversal in trend, you can use wedge patterns.
So what are wedge patterns? And how can you use them to spot trend reversals?
Read on to find out…
What are wedge patterns?
Wedge patterns are reversal patterns. When they appear on price charts, they tend ... ››› more
Triangle patterns can be extremely useful. They can indicate a trend is just taking a breather and should shortly resume its trend.
Two triangle patterns are the ascending triangle and the descending triangle. One is a bullish pattern, the other is a bearish pattern.
Let's take a closer look at how they work and how you can use them when you're trading…
Getting to grips with bullish ... ››› more
Whether you're trading the commodities market, the forex market or the stock market, there are buyers and sellers.
The activity of buyers and sellers affects the prices of different assets over time. And this is why technical analysis can be so useful. You can use past performance to indicate where the price could be going.
By learning to spot certain patterns that form on charts, you can fi... ››› more
Technical analysis involves using price charts to predict where the price of an asset will go. This type of analysis works well for a number of different assets, including shares, commodities and indices.
Studying charts can give you a good indication of what lies ahead. And certain patterns have a tendency to play out the way they have in the past.
If you want to check if a trend is going t... ››› more
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