Jump to content
Sign in to follow this  

TA - Technical Analysis

Recommended Posts

Interesting piece on divergence not least for the convoluted English translation.

Discusses relationship between divergence, buyer/seller, and overbought/oversold.

Includes an explanation of hidden and classic divergence and Class A, B and C divergence as well as rules for use and when not to use.

 

https://www.leaprate.com/experts/ruslan-saakov/divergence-convergence-description-types-methods-rules/

 

diverg2.PNG

Share this post


Link to post

ICYMI. Very good recent IG video with Ron Williams of RWA and Jeremy Naylor on technical analysis and market cycles.

 

Interesting bitcoin chart near the end.  20 min

 

 

Share this post


Link to post

New comprehensive guide to how to use trendlines.  

https://www.tradeciety.com/how-to-use-trendlines/

 

br1.PNG

 

Amongst many other uses there is reference to the very interesting Thomas Bulkowski bump and run reversal pattern more on which can be found here;

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:chart_patterns:bump_and_run_reversal_reversal

 

br2.PNG

Share this post


Link to post

New video on the Short Squeeze/Long Liquidation set up, how and why they work and how to play them.

 

 

 

Share this post


Link to post

3 Technical Analysis studies here;

Steve Burns; 10 technical trading rules,

Rayner Teo; Different types of trends and have to play them.

Axia Futures; Execution on the price ladder.

 

http://www.newtraderu.com/2015/02/19/10-great-technical-trading-rules/

Only price pays. In trading, emotions and egos are expensive collaborators. Our goal as traders is to capture price moves inside our time frame, while limiting our drawdowns in capital. The longer I have traded, the more I have become an advocate of price action. Moving away from the perils of opinions and predictions has improved my mental well-being, and my bottom line.

 

Media preview

 

 

 

 

 

Share this post


Link to post

Good educational piece by Nial Fuller that looks first at chart structure and identifying key components then looks at candle patterns within those key areas to identify entries.

http://www.learntotradethemarket.com/forex-trading-strategies/price-action-technical-analysis-footprint-money

Price Action Technical Analysis Reveals the Footprint of Money

author thumb By Nial Fuller in Forex Trading Strategies Last updated on June 26th, 2018 | One Comment

Share this post


Link to post

Yes, well written and presented and covers the main need to know patterns without labouring the point, very good. Published just last Friday.

I never would of thought to look to find it in IG analysis > news and analysis > trading opportunities? I wonder what else is in there, that section really needs an index.

 

 

 

new1.thumb.PNG.8a386196b91617ad9019de9b9ddd7311.PNG

  


 

Share this post


Link to post

This video is doing the rounds again, published at the end of last year it looks at matching market cycle to strategy to indicators. Very good if you've not seen it before. 20 min.

 

Share this post


Link to post

Useful and interesting video for new traders. 'The Ultimate Forex Trading Guide for Beginners'. Covers a lot quickly and in plain language from the very basics of what is FX and how it works though how brokers work and how trades work.

50 min. 

 

Share this post


Link to post

Very good video explaining and demonstrating institutional buy side programs, what they look like on candle, profile and footprint charts and how to exploit them.

 

 

  • Like 1

Share this post


Link to post

@Caseynotes, very interesting.

One very important point for people to remember is that small individual traders or investors do not move the price. It is institutional buying and selling that moves the price in any direction on a significant level. 

That's why on AIM where those companies that have large institutional shareholder base which equate to a fairly large percentage of share ownership, I have known investors and traders, to short such companies as these institutional companies will have to sell at some point to realise profit / loss for the year. This goes towards their performance and returns figures which they have strict objectives and targets to try and meet.

I must add that there is risk in such a strategy as if the company is doing rather well, these institutions may keep adding to their position after any selling, making shorting an extremely tricky position. 

  • Like 1

Share this post


Link to post

Indeed @TrendFollower, the charts just show the foot prints of the institutional traders and our job is to follow close behind without getting run over. Nice insight into the AIM, thanks. 

Share this post


Link to post

@Caseynotes,

A couple of things. First of all why have you recently got 'Test' underneath your name?

What makes this website and company credible?

One begs the question why they are being so generous by giving for free? Especially from around $125.00!

 

 

Share this post


Link to post

Hi @TrendFollower,  Marwood have been offering courses for some time and are perfectly legit, the price reduction thing usually occurs for a couple reasons namely they may be about to update and refresh the course, 'all new', and also there will be a lure at the end to try to get you to sign up for another one which some will do if they liked the content of the free taster. Udemy do it all the time, see  https://www.udemy.com/topic/stock-trading/

I am a Test and born on the 12th of June because of a glitch that occurred when we were transferred from the old Forum platform to this new one, I was a nothing for a long while so 'Test' feels like a promotion.

I think test must be a recent attempt to rectify the glitch. 

 

Share this post


Link to post

When I added the link for the Udemy online courses site in the last post I didn't actually notice that they are currently having a 7 day black Friday sale event with many courses offered at a 75% price reduction.

image.thumb.png.9495d4d1cd90552b6995b1f46e1ef687.png

Share this post


Link to post

@Caseynotes,

Do you know personally know CryptoCred?

Do you know how successful and profitable CryptoCred is?

Hope you had a lovely Christmas and wish you and your family a very Happy New Year.

Share this post


Link to post

Lol @TrendFollower,  no I don't know him personally but have known of  him long enough to know he is actually a successful trader. If you look through the work you will appreciate it is well reasoned and rational.

In fact I know of most of the traders he gives a 'shout out' to that have lead to his development and success and so recognise many of the concepts within the study and have seen how those concepts have developed over many years with help from Michael Huddleston (I am ICT) through Tom Dante (Trader Dante) and Will Hunting (wmd4x) and finally onto CryptoCred.

Trader Dante I have followed since 2012 and posted many links to his work on this forum for years because I know it to be genuine good advice from an experienced trader. Actually earlier this year, for a laugh, he and Brian Watts entered the CME wheat traders competition (neither have ever traded wheat before) and Dante won it hands down.

If you are demanding to see CryptoCred's audited accounts like Oilfxpro use to do then no but I have enough experience to recognise the good from the bad and wouldn't have bothered posting it if it was anything other than genuine sound advice and real and tested concepts that every trader should be aware of.

 

 

 

Share this post


Link to post

@Caseynotes,

Apologies but you do not know him personally but have known him long enough to know he is actually a successful trader? 

The likes of a few of us here on the IG Community may come up with reasoned and rational arguments and discussions but that does not mean for instance that say the both of us are successful and profitable traders. I am not questioning the content as I am sure if it from other traders then he has merely just put it all together in one document. 

I have read many of your posts and there is nothing there that say someone like you could not have put together or even summarised such material into a thread/posts. 

No I am not demanding to see CryptoCred's audited accounts. LOL. I am not interested in CryptoCred or his accounts.  I am more interested in your thoughts, opinions, experience, posts, etc. 

From my experience and in my personal opinion those who are truly successful and profitable traders (the best)  would just go about quietly and make successful trade after trade and profit after profit. They waste little time trying to educate others or even stating their knowledge, experience, wisdom, etc. with others. They would not waste their time offering freebe material to all around. Very few of the truly great traders behave like that. I appreciate there may well be exceptions but is CryptoCred one of those?

Share this post


Link to post
4 minutes ago, TrendFollower said:

From my experience and in my personal opinion those who are truly successful and profitable traders (the best)  would just go about quietly and make successful trade after trade and profit after profit. They waste little time trying to educate others or even stating their knowledge, experience, wisdom, etc. with others. They would not waste their time offering freebe material to all around. Very few of the truly great traders behave like that. I appreciate there may well be exceptions but is CryptoCred one of those?

That's not necessarily the case, often just the opposite in fact for a number of reasons. Firstly, right at the start Cred credits those he has learnt from and acknowledges that their contributions have aided his own development, it follows that some people just want to give something back.

Successful traders are not made or born but make themselves but even so cannot do it in isolation, everyone has had some help along the way. The best traders are employed by institutions and sit at a desk alongside other traders swapping info and ideas all day long. New traders at a institution's trading desk will get a mentor whether they want one or not.

Also there is a benefit to setting principles and concepts down on paper which helps to order it in your own mind and helps to make sense of it all. So in affect the work is for your own benefit firstly and once completed in a precise and condensed form is easily distributed if one wishes but that is secondary.

The scientific community takes a concept and alters it in some way to make it better with the expectation someone else will come along and improve it further still. Some of the concepts in Cred's study I first saw a decade ago in forum posts by ICT that have evolved and been improved by the other guys along the way. So in many respects Cred's study is a continuation rather than an isolated effort.

Ultimately though it may just be yet another study on trading and technical analysis but of the many hundreds I have browsed this one is well put together, obviously aimed at the beginner to intermediate level it's very informative and well worth the time taken to review it. As he states himself it would be unwise to try to incorporate all of it into one trading style but I doubt anyone can say they got nothing from it.

It is also important to note that Cred is happily giving this away for free. The concepts are rational and reasonable, I don't recall anything I completely rejected and it's very clear and concise  but of course remains very much take it or leave it.

 

 

 

 

 

Share this post


Link to post

Your content will need to be approved by a moderator

Guest
You are commenting as a guest. If you have an account, please sign in.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Sign in to follow this  

  • Member Statistics

    • Total Topics
      6,079
    • Total Posts
      26,693
    • Total Members
      33,889
    Newest Member
    galina2809
    Joined 23/01/19 05:15
  • Our picks

    • The pull-back is here - APAC brief 23 Jan
      The pull-back is here: The pull-back markets were waiting for – the one we inevitably had to have – has arrived. It’s risk-off across financial markets and the optimism that drove global stocks off their December lows has subsided. Relatively speaking, it’s been a day of significant downside, but nothing yet to warrant tremendous fear. It should be common knowledge, but it bears repeating: proper validation that global equities have truly established a recovery ought to be judged not by the latest high, but by where markets form their next low. The retracement which is apparently upon market participants now hands a golden opportunity to judge this market for what it truly is – have the bulls reclaimed their dominance, or have the bears lulled them into a trap, and now stand poised to assert further downside?


      The market’s rationale: A greater look at this subject and Wall Street’s price action later. In relation to the overnight sell-off, the rationale was as feeble as the one that got stocks to their recent peaks in the first place. It’s been chalked up to reduced positivity towards the trade-war, and renewed concerns about global growth. To begin with, very little data throughout the past week has provided a clear and substantial picture on economic growth. The boost in sentiment has come from geopolitical or monetary policy developments that was assumed to be supportive of the growth outlook – at some point in the future.  Some nice-noises made between the US and China in trade negotiations here, and a few dovish comments from a handful of US Fed speaker there, is what ignited the latest part of the risk-on rally.
      • 0 replies
×