Technical Analysis (General News)

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Talking Technicals with Christian Tharp, CMT – In The News
Author: Christian Tharp

http://www.yolohub.com/trading/talking- ... n-the-news

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5 Ways to Tell a Stock Is Headed Up

These bullish chart patterns never lie

By John Lansing

http://investorplace.com/2012/10/5-ways ... /view-all/

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Technical Analysis Fact and Fiction By Jack Sparrow

“There is a great deal of hype attached to technical analysis by some technicians who claim that it predicts the future.

Technical analysis tracks the past; it does not predict the future. You have to use your own intelligence to draw conclusions about what the past activity of some traders may say about the future activity of other traders.

“For me, technical analysis is like a thermometer. Fundamentalists who say they are not going to pay any attention to the charts are like a doctor who says he’s not going to take a patient’s temperature. But, of course, that would be sheer folly.

If you are a responsible participant in the market, you always want to know where the market is — whether it is hot and excitable, or cold and stagnant. You want to know everything you can about the market to give you an edge.

http://www.mercenarytrader.com/2012/11/ ... d-fiction/

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The Signal That Predicts a Breakout

by Christopher Rowe

Source: Investment U

http://www.investmentu.com/article/deta ... AOlO6PlKZQ

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The Two Lines I Draw on Every Stock Chart

by TOM GENTILE

http://powerprofittrades.com/2015/10/th ... t#deeplink

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Time Your Buys Like a Pro

By Jonathan Rodriquez

Source: Wall Street Daily

http://www.thetradingreport.com/2015/10 ... ike-a-pro/

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Use This Technique to “Channel” Your Profits

by TOM GENTILE

Channels are a terrific way to visualize Support and Resistance and plot your next move.

A Channel is created when a stock trades consistently between Support and Resistance levels.

Traders can gain an advantage with a stock that trades in a channel because the stock’s behavior is more predictable.

Remember: you’ll want to make a bullish move with a stock coming off Support, and a bearish move with a stock coming off Resistance.

Source: Power Profit Trades

http://powerprofittrades.com/2015/12/us ... s#deeplink

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The Strength of the Channel Tells You the Length of Your Trade

Let’s take a look at the “strength” of a channel and how that can impact your trading.

I say strength, I’m talking about a channel’s reliability – that is, how likely a channel is to continue.

by TOM GENTILE

Source: Power Profit Trades

http://powerprofittrades.com/2015/12/th ... hoo.com.sg

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How to Cash in on a Breakout (or Breakdown)

by TOM GENTILE

Channels are great for predicting a stock’s price action. But no channel is going to last forever. Here’s how to identify and profit from a breakout (or a breakdown):

If the price of the underlying trades above resistance and stays there, it’s a breakout. If the price of the underlying trades below support, it’s a breakdown.

The expected price move for a stock on a breakout or breakdown should be roughly equivalent to the price move it made within the channel.

True breakouts and breakdowns are usually backed by volume as trades commit one way or the other to the direction of the underlying.

Watch out for false breakouts!

Source: Power Profit Trades

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MACD: This One Chart Can Get You in Your Trades Ahead of the Trend

by TOM GENTILE

Moving Average Convergence Divergence, or MACD (pronounced Mac-D) is a popular momentum indicator that traders use to measure strength and duration of the trend. But you can also use it to get ahead of the trend when it signals a reversal…

The MACD line is formed by plotting the 26-period EMA and the 12-period EMA. The Signal line is formed by plotting the nine-period EMA.

1. When the stock is in an uptrend, the MACD line should be over the Signal line. In a downtrend, the MACD line should be below the Signal line. The farther apart the two lines, the stronger the trend.

2. You can use MACD to get into and out of your trades early. If the MACD line crosses above or below the Zero line, it could mean a trend or reversal is forming (this will be confirmed later by the Signal line crossing the Zero line). Likewise, if the MACD line crosses the Signal line, it could be an even earlier indication of a reversal.

3. The downside to MACD is it doesn’t tell you how much a stock will move, or in what timeframe. Consider using MACD in conjunction with other technical indicators rather than the sole means of picking your trades.

Source: Power Profit Trades

http://powerprofittrades.com/2015/12/th ... -the-trend