GMMA stands for the Guppy Multiple Moving Average and it is a technical trend and momentum indicator. The Guppy Indicator was created by Daryl Guppy, a trader out of Australia. It combines several moving averages in different timeframes to get... Read more
An inside candle shows price is trading within the previous range of a time period. An outside candle shows price broke out of the previous range of a time period in both directions. These candlestick patterns can show a trader if a chart is cu... Read more
The 3 moving average crossover strategy is a technical trading technique that uses three exponential moving averages of different time lengths to create signals on a chart. The three moving averages we will look at are the 10-day EMA, 30-day EM... Read more
How do you backtest a trading strategy even if you can’t code? Use backtesting software that doesn’t require coding, just simple inputs of entry and exit signals for markets you want to see the results for. You don’t need to c... Read more
The CCI indicator (commodity channel index) is an oscillator originally created in 1980 by Donald Lambert . He developed CCI originally to identify and quantify cyclical moves in commodity charts, but this technical indicator has also been used... Read more
I believe the best finance documentaries can be both educational and entertaining. Below is a list of my favorites that I’ve found and watched over the past fifteen years. Some are newer and some are older but they are all great at showing... Read more
A good trader should improve with every trade. The focus for any trader should just be to make the next trade a good trade. Profitable trading comes from stringing together a lot of good trades in a row. A good trade is one that has a good risk/... Read more
What are the most used moving averages on charts and in technical analysis? The popularity of specific moving averages on different time frames can give them meaning as more people are watching them for signals. They can be self fulfilling proph... Read more
The Commitments of Traders or COT report is a weekly report created by the Commodity Futures Trading Commission (CFTC) quantifying holdings in the U.S. futures and options contracts by different market participants. It is put together by the CFT... Read more
Smart money flow index or smart money index (SMI) is a technical analysis indicator that attempts to show the current market sentiment of investors. The index was created and made popular by Don Hays, who was a money manager. The SMI indicator u... Read more
