The moving average convergence/divergence technical indicator or MACD as it is commonly known is a charting technique developed by Gerald Appel in the late 1970’s. The technique is utilised to attempt to predict changes in...

The three I use sometimes are: RSI = Relative Strength Index Momentum Accumulation / Distribution Relative Strength Index RSI is one of two Momentum indicators, no prizes for guessing what the other one is. What momentum...

Over the next few pages I aim to cover the key candlesticks that I use to spot price movements. Candlesticks are great for spotting contrary movements within markets that may on the longer term be trending in any given direction...

Candlesticks are becoming more and more popular in the west. They’ve been around a very long time indeed, but it was the fantastic work of Steve Nison that brought Candlesticks as we know them, to the western focus. Up until this...

This is really easy to grasp. When there is a higher High, in another words when the price closed higher than the day before, this is a signal of greater confidence and a possible trend for further higher prices. On the flip side...

Red Line: Now the bottom line We Open a SHORT trade as the red line passes the Blue Line (bottom line) and the chart price continues below the green central Line. Green Line: Middle Line We set our moving stop loss in relation to...

If the chart is trending up you should see something like the picture on the following page -: I have deliberately used this chart over several years to point out an obvious up trend starting at the beginning of 2002 and changing...