Dear trader,
something to think about.
Is it possible to make millions of $$$$$$$$ from $10,000 in 12 months?
For sure! Check out this great story.
*Daniel J. Zanger is a technical stock and equities trader. Zanger hit the media spotlight after audited returns showed he turned $10,775 into over $18,000,000 in under 2 years.
Personal history
Dan Zanger...
FORMATION ANALYSIS: PRICE PATTERNS AND CHART FORMATIONS
A trend setting of technical analysis is formation analysis. In doing so, certain combinations of movement and correction are considered.
If such a combination is detected, the trader can try to trade the resolution of the formation.
Basically, a different is made between the trend continuation formations...
Simple explanation about trend, support and resistance.
A trend can move in two directions. An uptrend defined by higher lows and higher highs, or a downtrend defined by lower highs and lower lows.
Then there is the sideways phase . As the name suggests, there is no trend here.
The trend line will be pulled upwards along the significant lows during an...
History
Candlestick charts are thought to have been developed in the 18th century by Munehisa Homma, a Japanese rice trader. They were introduced to the Western world by Steve Nison in his book, Japanese Candlestick Charting Techniques. They are often used today in stock analysis along with other analytical tools such as Fibonacci analysis.
In Beyond...
