Just went over the training materials I picked up on my trading course and realised that I've not been paying enough attention to indicators when trying to pick out trades. So I'm learning more about RSI, MACD, Stochastic Oscillator and volume. The worst thing is that I've realised that I've been overlooking … [Read more...] about Better start paying more attention to Indicators
Technical Analysis
The Pennant Chart Pattern
Welcome to the second post in a series dedicated to the chart patterns I use and look for every day during my technical analysis of the UK stock market. Last week we looked at the flag chart pattern. Today, we will look at the pennant chart pattern. You will be familiar with the attributes of the pennant chart chart … [Read more...] about The Pennant Chart Pattern
The Flag Chart Pattern
So I've decided to do a series of posts focussing on the chart patterns I try to look out for every day in my nightly analysis of the UK stock market. To kick things off we will have a look at the flag chart pattern. Take a look at the chart below: This is a classic flag chart pattern. From this, we can discern … [Read more...] about The Flag Chart Pattern