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Technical Analysis

Special Report Week: The Big Picture

special report world viewVolatility in global markets is at the lowest level since 1993.

And one thing I've learnt over the last 32-years is that high levels of volatility tend to follow.

Which means something big could be brewing.

But the question is, where?

And how do we profit from it?

We're going to try to answer these questions for you...

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Trading With Divergence

ASX share prices 2The world of Technical Analysis is saturated with indicators, oscillators, lines and other weird and wonderful esoteric attempts at finding the Holy Grail. There are a couple of absolutes; price and volume. Together, with time, patience and a level head, these tend to be all we need to be successful in the markets.

There is however one indicator, or method of using certain indicators, that has an extremely powerful edge. This method is divergence.

Divergence is where price moves in one direction and the indicator starts moving in the opposite direction.

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Liquidity & Position Sizing

Position sizing

The following conversation was conducted on the old Chartist Traders Forum. This type of conversation is now run through The Chartist Community. Traders share ideas and help each other solve problems they are experiencing with their trading and, in this case, coding their trading system.

Question: I am trying to design a liquidity filter / position size algorithm that will give me a good chance of getting filled with minimal effect on market price. These are my current thoughts:

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Fibonacci Time & Price

Fibonacci snail shellFibonacci analysis is used to monitor the extension or retracement of price in a chart pattern or the extension of time based on the prior period.

About Fibonacci
‘Named after Fibonacci, also known as Leonardo of Pisa or Leonardo Pisano, Fibonacci numbers were first introduced in his Liber abaci in 1202. The son of a Pisan merchant, Fibonacci traveled widely and traded extensively. Math was incredibly important to those in the trading industry, and his passion for numbers was cultivated in his youth.’ LiveScience

If you would like to learn about Fibonacci time & price for trading then consider reading:

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Stock Market Training

How much should you pay for a stock market newsletter?Important points to consider if you are going to sign up to a stock market newsletter, advisory service or training course: Value for money. Whilst everyone deserves to be paid for quality services, if a product or service sounds too expensive, then it is. If you spend too much on trading advice, education or training you will erode your trading capital – i.e. your trading account. If a company uses a hard sell approach, you may want to question their validity as well. A quality trading newsletter or trading education service will only need to use word of mouth to get you on board. If their clients are happy they will tell their friends. There is a difference between trading and gambling. Which one are you being taught? Trading comes down to a few very simple rules – you make money when the market is going up, you lose money when it is going down.

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