The Reflexive Theory Of Support And Resistance Support and resistance are very important factors of techinical analysis. In practice these levels produce areas where signals, reversals, pauses and other technical indications are likely to happen. On a chart a support or resistance line is a line,usually horizontal, that marks an area of previous reversal, congestion […]
Hi, again – yes its Norbert the German banker!, ok maybe not but I am likely more close to a german banker then he will ever be lol. Today I am going to demonstrate the correct way to read Market Depth, many more brokers are offering access to this tool for the average trader. Market […]
Volume Indicators For Binary Options Volume is a well known indicator of market direction. The number of people involved in a given movement, relative toe the number of people involved on an average basis, is an key metric defining the strength or lack of strength in the market. The trouble is that tracking changes in […]
Volume And Trading, Not To Be Discounted Volume is a subject that most traders, especially new ones, fail to recognize. It is a very important factor in market movement and a key element of many if not most technical indicators. The volume, the number of shares, lots or tics traded in one day, session, week […]
September 8, 2014 Just as the post-(U.S.) Labor Day volume begets more movement in the market, it typically entails that I moderate the amount of time that I dedicate to trading, given I’m a still a university student and as anyone who has been through schooling knows, it can take up a lot of time. […]
September 1, 2014 Unfortunately, I’m doing this write-up a week later than I wanted to. But school often consumes a lot of my time, so naturally if I do any trading my write-ups will often be delayed until I find a spare 1-2 hours to go back and analyze the charts, take screenshots, and construct […]
Different Seasons Mean Different Trading Seasonal shifts in market action are an underlying cause of market direction that many traders fail to recognize. I know that I for one took a long time before I began to rely on things like the Traders Almanac and other sources of information that shed light on the subject. […]
September 1, 2014 As binary traders, especially for those of us who trade very short-term – e.g., 60-second options, 5-15 minute expiries – we often don’t really think about the broader scope of the market. When I do a trade analysis post, I’m almost always just providing my five-minute charts and a really up-close view […]
August 29, 2014 The EUR/USD had the pivot level in play in today’s trading. After a non-descript opening few hours, volume entered the market to the point where price took about a 25-pip leap up in about fifteen minutes, the most action seen all day. The market roughly settled around pivot. It didn’t offer perfect […]
August 28, 2014 I had a lot of time on my hands Thursday, as I basically had the entire day to myself free from interruption. So not only did I trade the GBP/JPY during the European session, but I also decided to switch gears and look at some stock trading. First I looked at Apple […]