Moving Average Magic

Moving Average Magic

Moving averages magic can be used for a daily chart, weekly chart, yearly chart, intraday chart such as a 5-minute chart. Moving averages come in a variety of flavors What is a moving average? Add the closing prices over a specified period of time and divide by the...
Learning Technical Analysis

Learning Technical Analysis

Do you know when to buy a stock? You buy when it is at a good price.  Well, what is a good price? Ahhh, now comes the technical analysis part.There are several methods to analyze the value and price of a stock. Value and price are not always the same number. Let’s...
A Closer Look at the VIX

A Closer Look at the VIX

The Volatility Index (VIX) is a contrarian sentiment indicator that helps to determine when there is too much optimism or fear in the market. When sentiment reaches one extreme or the other, the market typically reverses course seeking equilibrium. What is volatility?...
Catching a Falling Knife

Catching a Falling Knife

Don’t try to catch a falling knife or a falling stock once it has started its rapid decline.  There are retracements along the way that can provide entry points if you cannot resist and have some risk capital to use.  Remember, the further they fall, the greater...
Market Cycles

Market Cycles

As traders in the ever-changing market(s), it is always wise to look at different time frames. Short-term trading typically uses a 3-6 month daily chart, a 30 or 15-minute chart, a 5-minute chart, and a 3 or 1-minute chart to spot a high potential trade and time the...
MMMMMMMMMs and WWWWWWWWs

MMMMMMMMMs and WWWWWWWWs

Funny what your mind locks onto.  I had the privilege of watching two charts and saw patterns setting up.  I saw an “M” and a “W” so I drew my line at the neckline and waited patiently for a break of the neckline to time a good entry. I watched...