Wednesday, June 19, 2013

Chart Analysis

Intraday Charts

In order to day trade, you need to have reliable intraday charts.  Without this crucial source of information, you’re dead in the water. What is an intraday chart?  An intraday stock chart is simply a chart that displays information for time-frames shorter than a day.  For most traders this includes 1, 5, 15 and 60 [...]

OHLC Chart

You might be wondering about how to read an OHLC chart (or bar chart), and that’s understandable.  Next to the candlestick chart, this is one of the most widely used day trading charts. Let’s start simple.  What is an ohlc chart?  Well, it’s also called an open high low close chart, and that name just [...]

How To Read Stock Charts

I figured since I am the (self-proclaimed) Chart Shark, I should probably give some basic idea of how to read stock charts.  I wrote a post a while ago that was pretty much a joke regarding the subject, but sometimes I forget that people are looking for real information. 3 Types of Stock Charts Reading [...]

How To Read Stock Charts for Dummies

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You seem to think chart analysis is a lot more difficult than it really is.  Instead of giving it a go on your own, you rely on the wisdom of us brilliant chartists to hand you money-making set-ups on your favorite stocks. I am here to tell you, friend, that it’s not that difficult to [...]

Long-Legged Bears Will Engulf First Solar (FSLR)

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Last week, First Solar (FSLR) ran up significantly on news of a large deal for a solar power plant in China. The second day of the run was highlighted in my post about Opening Gap Reversals.  That day saw a huge run up early in the morning and a slow burn back down to its [...]

Opening Range Breakout – Gap Reversal

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I discussed the standard opening range breakout in my last post.  Now I want to talk about a variation of the Opening Range Breakout . It’s called the Opening Gap Reversal.  It’s just another of the many useful setups for day trading online that you can add to your arsenal. The Play The chart above [...]

3 Factors For Opening Range Breakout Success

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The Opening Range Breakout is one of the simplest day trading set-ups to understand.  The first hour of the trading day is the most volatile.  Bears and bulls are battling it out in the stock market, trying to show you who’s going to be the boss for the day.  This volatility creates a price-range you [...]

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