ARTICLE SYNOPSIS ...What approach can lead to success in technical trading, in spite of all the cognitive biases we can have that were discussed in part 1 of this two-part article? Here in this second part, we try to answer that question by comparing what humans do in the market versus what the character Spock from "Star Trek" might...
ARTICLE SYNOPSIS ...The reason we make counterproductive trading decisions is because of our biases and flawed intuition. In this first part of a two-part series, we analyze and try to understand these trading behaviors so we can avoid costly mistakes and become more effective traders...
ARTICLE SYNOPSIS ...An evidence-based model argues that the price movement of a chart is fully explained by cycles, support & resistance, and news-driven price impulses. We can use a cognitive psychology-based hypothesis to explain why and how cycles arise...
ARTICLE SYNOPSIS ...Price charts contain both visible and invisible pieces of information. Today's technological tools shed light on all the useful clues that charts contain. Find out how they help reveal the cyclic components in price data...
ARTICLE SYNOPSIS ...Here are two new indicators based on evidence from priceŠvolume behavior to help create dependable support and resistance lines that accurately identify the prices where supply and demand pools are located....