7 Indicators

Technical analysis have become an increasingly popular tool to succeed in trading and investment as more successful traders and investors claimed to have used technical analysis in one way or another. Fundamental analysis may be a very good tool to identify companies with good financial and management background but technical analysis is the perfect tool to identify the right price and the right time to buy and sell by identifying price patterns on the chart that reflect market sentiments or emotions. Therefore, having knowledge in technical analysis gives investors and traders the added advantage
Different indicators are used to identify various price behavior. One who understands price behavior is able to know future price direction. The more you know how to use these indicators, the more you understand about price behavior. But beware, knowing too many without proper application can cause a lot of confusion. Below are some major indicators that are commonly used. In this workshop we will show you how these indicators are used to understand the various price behavior and most importantly, how it is practically applied in a real market.

Elliot Wave and Fibonacci

Learn how markets really move. “Elliott Wave” tells it best.
Discover how Elliott Wave and Fibonacci are an unbeatable combination to help you become a consistent market winner.
Elliott Wave and Fibonacci master Don Schellenberg will reveal:

• How and why Elliott Wave works
• The simplest and most powerful parts of Elliott Wave
• The Fibonacci Ratios you really need to know.

Learn to identify the strongest Resistance and Support in every market, “in advance”. Give yourself the coveted advantage over other market players.

Candlesticks

The Japanese Candlesticks is an age-old tool first used by the Japanese in the 17th century and the usage has grown exponentially in the 20th century with every charting program having this methodology. The Candlesticks are great in identifying price behaviors in the very short time frame, therefore making it a leading indicator. The Candlesticks are commonly used to identify price reversals or continuation patterns.
You will learn how candlesticks can be used to identify good trading opportunities.

Moving Averages

This indicator is used to understand the most important price behavior – the price trend. You will learn how to apply moving averages in different time frames to identify short, medium and long term trends, and to understand the relationship between the different trends. You will also learn how moving averages are used to provide trading signals.

Bollinger Bands

Developed by John Bollinger, the indicator aims to identify price volatility. Price tends to strongly move into a direction when the price volatility contracts. By using the Bollinger Bands, the trader can identify when price volatility contracts and get ready for an explosive move. Apart from learning how to identify and understand price volatility, you will also learn how to practically use the Bollinger Bands to identify trading opportunities.

MACD

The Moving Average Convergence Divergence is a very popular indicator because it is a multi-purpose indicator that identifies price trend, price momentum and price reversals. Therefore, you can understand more price behaviors by using just one indicator. You will learn how to use the MACD and practically apply it to make trading decisions.

Stochastic

The Stochastic is an oscillator that identifies whether price is relatively high or low. This is an important indicator to those traders and investors who likes to buy when price is low and sell when it is high. You will learn how to use this indicator to also identify the right time to trade when price is relatively low or high.

D'ont be Emotional .. go technical

The way most people invest, it’s a fool’s game.

They buy on a hunch or a hot tip. Stocks get hammered, and the average guy sells at the bottom. Google looks like it’s going up forever, so otherwise-prudent people pile in at the very top.

Investing can make the cleverest people -- folks who are experts in their own fields -- look mighty dumb.

Greed and panic

For most investors, emotion trumps intelligence.

We bounce back and forth between greed and panic, depending on how the market is treating us that day.

And when it comes time to make an important decision, we have as much self-control as a couple of seventeen-year-olds on prom night.

You’re human. I’m human, too. But I hold one huge advantage over most investors.

I learned many years ago that I’m an emotional creature. We all are. It’s what makes us smile at little children at play. It’s what makes us want to pet a puppy.

It’s a wonderful attribute that helps make us human. But that same attribute makes us lousy investors if we let it have its way.

That’s why I only trust the Science of Investing using technical analysis.

Descending triangle

Ascending triangle

Symmetrical Triangle

Reverse Head and shoulders

Head and Shoulders

Double top or M top

Double top or M top is a chart pattern formed after an uptrend or a rally.
The profitable action to take is to sell when price breaks below the neck line.
After selling, the objective is to buy back when the price dropped as much as the amount from double top to the neck line.

If you are interested in trading forex click here for help.

Double Bottom or W bottom

A double bottom is one of the most recognizable chart patterns. It typically resembles a "W" and forms after a downtrend. A double bottom forms as part of a consolidation process, in which one group of traders is liquidating a position as another group is accumulating. Typically, the left side of the W is formed as part of a larger downtrend. Once that low is set, the stock bounces higher before coming back to retest the first low. If the retest is successful, the chart begins to look like a "W". Once the "W" is formed, the stock must clear the neckline, which is typically in line with the center peak of the "W". It is important to note that a double bottom is not valid until the price closes above the neckline.

The entry point to buy is at the time price breaks the neck line.

Trading in stocks, options or forex is only profitable if you do it right and get enough help. You may click here for help

New Bull at Bursamalaysia?

The stock market is starting to show the symptoms of a typical bull market. Firstly, investors were not
afraid at all as the KLCI approached the 76.6 pts RSI yesterday, which helped the benchmark index to
stretch its gains within the overbought territory. Another very positive development is that this time, it
was the broader market which fueled buying sentiment on the KLCI component stocks instead,
eventually sending the key index higher by 10.06 pts.
We have said that it is not impossible for the key index to stretch the current uptrend. Although
the market has entered overbought territory, the KLCI could still rally further and carry the daily
RSI over the 80 pt-mark. We have seen this happen many times before in a typical bull market in
the past, especially when the weekly and monthly RSIs are far from being overbought.
Of course, the key technical indicator to watch out today is the daily RSI, which is now trading at the 79
pt-level. No doubt that the market is becoming more and more overbought, but the conviction and
confidence of buyers are also improving by the day since the breakout from the 100-day MAV line. This
type of market sentiment is essential at this stage to carry the KLCI further away from the 200-day MAV
line. Yesterday’s rally is the initial confirmation of a decisive violation of the 200-day MAV line.
Meanwhile, the near-term technical outlook of the KLCI remains firmly bullish. We are still eyeing
a strong support at the 200-day MAV line, which is now situated at the 959 pt-level. An additional
support is seen at the 936 pt-level, followed by the 925 pt-level. To the upside, continue to look for the
1,000 pt-level as the next formidable resistance