Latest News

2022 Start working on a new website

BBS Trading Expert
Watch the Youtube BBS video and here is a crude oil trading example


Want to know more about:

NinjaTrader formulas.

MetaStock formulas.

MetaTrader formulas.

My YouTube videos.

AXIOM business books awards, bronze medal! Thank You!

No longer available!



Favorite articles in 2010, 11, 12, 14 and 2015 S&C Readers' Choice Awards.

readers choice awards

AXIOM Business Books Awards, bronze medal.

AXIOM award







Stocks Basic Technical Analysis

Technical analysis starts with the graphical representation of stock prices in a chart.

Some of the basic technical analysis found in my LOCKIT book "Capturing Profit with Technical Analysis" can be found under the menu item "Technical Analysis".

For an idea of what can be found in the book, here is a contents list:

  • Charts
  • Line chart
  • Bar chart
  • Candle chart
  • Linear or logarithmic scaling?
  • Linear scaling
  • Semi logarithmic scaling
  • Using linear or logarithmic scaling on the price axis
  • Volume
  • Support and resistance on turning points
  • Support and resistance of windows
  • Confirmation of support and resistance
  • Application
  • Trend lines
  • Definition
  • Application
  • Trading result
  • Trend line evolution
  • No change
  • Accelerating
  • Slowing down
  • Special trend lines
  • Inverse trend line
  • Centerline
  • Multi-reversal line
  • Parallel trend channels
  • Triangle trend channel
  • Price targets
  • Moving averages
  • Simple moving average
  • Exponential moving average
  • Weighted moving average
  • Simple, exponential or weighted?
  • Importance of the 20, 50 and 200 days average
  • TEMA average
  • Limiting the lag

Special offer: "Capturing Profit with technical Analysis"

  • Chart patterns
  • Reversal patterns
  • Head and shoulders formation
  • Head and shoulders top reversal pattern
  • Head and shoulders bottom reversal pattern
  • Complex head and shoulders top reversal pattern
  • Complex head and shoulders bottom reversal pattern
  • Triple tops and bottoms
  • Double tops and bottoms
  • Double top
  • Double bottom
  • Rounding bottoms
  • V-formations
  • Continuation patterns
  • Triangles
  • Triangles in an up trend
  • Triangles in a down trend
  • The rectangle
  • Rectangle in an up trend
  • Rectangle in a down trend
  • Flags and Pennants
  • Flags in an up trend
  • Flags in a down trend
  • Pennants in an up trend
  • Pennants in a down trend
  • Reversing/Continuation patterns
  • Rounding top as a reversing pattern
  • Rounding top as a continuation pattern
  • Diamond formation
  • Diamond formation as a continuation pattern
  • Diamond formation as a reversal pattern
  • Wedge formations
  • Falling wedge reversal pattern
  • Falling wedge continuation pattern
  • Rising wedge reversal pattern
  • Rising wedge continuation pattern
  • Windows
  • Common windows
  • Breakaway windows
  • Rising breakaway window
  • Falling breakaway window
  • Continuation windows
  • Rising continuation window
  • Falling continuation window
  • Exhaustion window
  • Rising exhaustion window
  • Falling exhaustion window
  • Breakaway, continuation and exhaustion windows
  • RSI Relative Strength Index
  • The formula
  • Convergence and divergence
  • Reference level
  • SVE_RSI_StDev
  • M and W shaped patterns
  • heikin-ashi price bars
  • Calculating the new candle
  • heikin-ashi chart
  • Interpretation of heikin-ashi candles
  • heikin-ashi candles in MetaStock®
  • HA_C Calculation of the heikin-ashi closing price in MetaStock®
  • Application: heikin-ashi with zero-lag TEMA average
  • Bollinger %b oscillator
  • SVAPO – Short term Volume And Price Oscillator
  • Oscillator and price relation
  • The perfect pair
  • Initial stop
  • Trailing stop
  • SVAPO construction
  • Basic assumptions
  • Price smoothing
  • Volume smoothing
  • SVAPO “Short term Volume And Price Oscillator”
  • Basic trading rules
  • Application
  • Fibonacci studies
  • Fibonacci levels
  • Fibonacci levels in an uptrend
  • Fibonacci levels in a downtrend
  • Historical  Fibonacci projection
  • The Andrews pitchfork
  • Action-reaction course
  • The median line
  • Construction
  • Trading based on the median line
  • The pitchfork
  • Warning lines
  • Action and reaction lines
  • Action-reaction method 1
  • Action-reaction method 2
  • Candle charts
  • Introduction
  • Format, naming and meaning
  • Candlesticks format overview
  • Format description
  • Psychological background
  • Combination technique
  • Candlesticks tell you more
  • Four rules
  • Size
  • Shape
  • Position
  • Volume
  • Basic patterns
  • Basic definitions
  • Doji reversal or not?
  • Reversal patterns
  • Bottom reversals
  • Top reversal
  • Trading in the context of price history
  • Continuation patterns
  • Bullish patterns
  • Bearish patterns
  • Elliott waves
  • Impulse waves and correction waves
  • Elliott impulse wave
  • Elliott correction wave
  • Elliott waves with individual stocks
  • The correct count
  • Number of waves in a cycle
  • Waves sub divisions
  • Time
  • Impulse
  • Impulse patterns
  • Impulse wave
  • Starting wedge impulse wave
  • Ending wedge impulse wave
  • Correction waves
  • Zigzag
  • Double and triple zigzag patterns
  • Flat corrections
  • Double and triple flat corrections
  • Triangles
  • Trend channels
  • Waves and trend channels
  • Impulse wave price targets
  • Price target for wave 1
  • Price target for wave 2
  • Price target for wave 3
  • Price target for wave 4
  • Price target for wave 5
  • Correction waves price targets
  • Price target for wave A
  • Price target for wave B
  • Price target for wave C
  • Price targets for waves D and E
  • Price target for wave X
  • Price target for a double zigzag

Special offer: "Capturing Profit with technical Analysis"



Risk Disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure: Hypothetical performance results have many inherent limitations, some of which are described below. no representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

See more 'Legal Disclosures' in the bottom menu bar!

Copyright © 2007, All rights reserved.