Fear and greed are the ultimate telltale signs of a potential reversal.
When traders get far too greedy, they send stock prices ridiculously higher. When traders get too fearful, they tend to overreact and send stocks too low, too fast.Read More
Any time you use technical analysis, confirmation is essential.
If you’re not willing to confirm, you’re doing yourself a great disservice. In fact, at no time will I ever just use Bollinger Bands (2,20), MACD, relative strength, or Williams’ R% alone.Read More
The Parabolic Stop and Reverse (SAR), commonly known as Parabolic SAR is a trend following indicator that highlights current price direction.
It also provides entry and exit signals as well with dotted lines.Read More
In 2005, a flock of 1,500 sheep began jumping off a cliff for no real reason.
In the middle of a clear blue day, they just started jumping. All shepherds could do was watch.
And as insanely ridiculous as this sounds, some of us are those sheep.Read More
We have all heard the phrase, "the trend is your friend" and as traders we also know just how amazing profitable it can be trading alongside it as well as how devastating it can be to out accounts when we trade against it. But before we are truly able to spot likely trend reversals, we must be able to spot a trend itself.Read More
This could open the floodgates of opportunity in marijuana stocks.
In late June 2018, the Canadian Senate overwhelmingly passed Bill C-45, also known as the Cannabis Act, which legalized the use of recreational marijuana. While it’ll now take Canadian provinces another eight to 12 weeks to prepare for likely demand, the support opened a sizable market for the country.Read More