Trading lesson – May-03-2019

China is the world’s 1st GDP economy and the world’s 1st exporter, the world’s largest currency reserves holder and has the largest population in the world. India is the 3rd largest economy in the world, cheap intellectual resources and one of two countries with more than a billion people. Russia is the 6th economy in the world, has the largest reserves of mineral resources, the largest territory in the world and one of the two largest nuclear powers in the world. Using the China ETF, India or Russia ETF is a good way to trade Asian or emerging markets.

The list of China-related ETFs is very big for any trader or investor. On the other hand, there are two stocks that track the stock market in India (INP, iPath MSCI India Index ETN and PowerShares India Portfolio with symbol PIN). The Russia exchange-traded fund seeks to replicate as closely as possible the total return performance of the DAXglobal Russia+ Index.

Read why the China ETF, India ETF, and Russia ETF are popular international funds.

Trading lesson – Apr-26-2019

Candlesticks are usually composed of the body (black/white or green/red), and an upper and a lower shadow (wick). The area between the open and the close is called the real body, price excursions above and below the real body are shadows.

Most of today stock charts are produced as a candlestick chart. Candlestick charts are a visual aid for decision making in stock, foreign exchange, commodity and option trading, and are most often used in technical analysis of equity and currency price patterns. Each candlestick typically shows one day, thus a one-month chart may show the 20 trading days as 20 candlesticks. Candlesticks can be painted on different types of charts – long-term charts like a daily, weekly or monthly but also on an intraday chart by daytraders.

What price levels provide candlesticks shapes? What are the main behavior levels? The shape tells you about the strength of emotions on the stock market. What do the long body candles, short body candles or hammer mean?

Learn to read a single candlestick to increase the profitability of your trading.