Trading lesson – Jul-26-2019

If the price on your stock market chart is declining, corrections (pullbacks) are not as strong as moves down, there are lower highs and lower lows on the chart and the volume during declining periods is higher than during corrections you have just identified downtrend on charts.

A downtrend is an integral part of market behavior. You need to identify stocks in bearish trend to find possible candidates for short trades and you must be able to identify downtrend because it helps you to make more profitable trades. Even in rising or neutral market situation when major indexes are moving sideways in a wide trading range you could find some shares that are weak and are trending down.

There are several options on how to trade in the situation of declining prices. Read more about the downtrend on stock market charts.

Trading lesson – Jul-19-2019

Recently, I have introduced the Dow Jones transportation average and mentioned the ways to trade it using ETF. Today, I would like to introduce you the ways how to analyze and trade the Dow Jones utility average.

There are generally two options that could be used for the analysis:

  1. Use some good online market website that produces good Dow Jones charts.
  2. Use some good chart analysis software.

Discover how to create a graph for utility average, how to analyze charts for utility Dow Jones average or how to trade utility sector using ETF. Learn the strategy basics for utility Dow Jones stock index. Find out how to analyze and trade Dow Jones utility average.

Trading lesson – Jul-12-2019

A chart pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or continuation signals.

Stock chart patterns trading systems can be traded using classic or advanced trade rules. Analysis of stock chart patterns is an important task for every technically based stock trader or investor. They should be part of technical stock trading strategies for all time frames. Daytraders. swing traders and also mid-term position traders find them useful. It is recommended to have them incorporated into chart analysis and trading system. It is also possible to build your trading strategies on chart patterns only.

Discover the advanced entry ideas for chart patterns trading strategies.