In technical analysis a Fibonacci retracement is a trading methodology for determining high probability support and resistance levels on a chart. It uses the Fibonacci sequence and... Read more
The Wolfe Wave chart pattern is created when price action makes 5 waves showing the key supply and demand areas that create a zone of support and resistance as buyers and sellers f... Read more
One of the best places to get free historical price data going back over 60 years is finance.yahoo.com. Yahoo Finance provides historical price data that can be easily downloaded i... Read more
This is a Guest Post by Jake @TrendSpider. In this blog post, make sure to check out the top 5 TrendSpider charts posted this week on social media as well as the link to sign up f... Read more
Have you ever been curious if certain months of the year have any statistically significant stock market returns better or worse on average than other months. Here are the statisti... Read more
When a market’s price action falls straight down making lower lows continuously without stopping or bouncing back it is considered a ‘falling knife’ on a chart because... Read more
A cognitive bias is a mental pattern that breaks from logic, reason, and the ability to rationally judge something through the filter of facts and reality. It is when an individual... Read more
Is technical analysis bullshit? Many people will dismiss technical analysis as useless before doing the homework to even fully understand what it is or how it should be used. Dism... Read more
“It’s a big club, and you ain’t in it.” – George Carlin The long term trend of the stock market is up. Not individual stocks, as some go up 1,000% an... Read more
Look for a mission in life not a job. “Choose a job you love and you will never have to work a day in your life.” – Oriental proverb A career has a path where education and... Read more
