Archive for May, 2010

Successful Trading Chart Patterns – Part 1 of 7

Chart patterns contribute an essential role in effective technical analysis. Chart patterns are routine sequences of price action that occur in all time frames and in all markets. Because these patterns are a consequence of human nature and psychology reacting to the markets, we can anticipate these patterns…..

OBV For Momentum Day Trading

To search for securities that are outbreaking in price it is needful to scan and filter out these securities on some indicators. One of the popular but effective signal is that relating to the OBV or On Balance Volume. Although, how can one know the extent of the impending move? Is the outbreak sufficiently strong to yield a short-term trade net of brokerage house and commissions? Learn how successful traders go higher than just scanning for OBV in this report.

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