Overbought Oversold Oscillators

Overbought OB and Oversold OS are among the least understood market conditions that traders grapple with. Most lose money attempting to utilize what they know about the subject. This is not surprising, because we're getting into the use of coincident and Leading Indicators and very few traders are properly prepared for the challenge these concepts present. Because of the level of misunderstanding, instead of narrowly defining what I use and how I use it, my approach will be to discuss the broad...

Directional Indicators

Edward Magee Newsletter Charts

9 POWER PATTERNS FOR HIGH PROBABILITY TRADING SIGNALS If you don't understand or remember the definition of DIRECTION, FAILURE, or MOVEMENT, you'll make it a lot easier on yourself if you review these concepts in CHAPTER 2, before going on. A Directional Indicator is usually, but not always, a pattern of some kind. Certain of these patterns are defined by the 3X3. Don't confuse the concept of trend with that of direction, even though the 3X3 is used for trend delineation as well as the criteria...

Trading With DiNapoli LevelsTM

Distribucion Fibonacci Forex

Your success in trading with DiNapoli Levels is dependent upon a comprehensive understanding of what has been taught throughout this book. Your ability to recognize how different Time Frame charts of the same data impact your trading strategy is of the utmost importance. Spend as much time as you require internalizing this subject. The dividends paid will be many. To some of you this will be absurdly obvious. Others among you will really struggle with the visualization of the way Time Frame...