In 1998 I wrote a paper that became the foundation of a trading methodology I refer to as pivot trading. This methodology takes advantage of a fundamental characteristic of freely traded markets-that is, the persistence of price movement. This article will describe the underlying logic of the methodology, provide an example of the statistical verification of persistence, and outline how traders can use it to their advantage. Read on to learn more...
Support and resistance are basic tools used by traders to identify key reversal areas. Here’s a look at the basics of support and resistance levels and how to determine which levels might be important in the future.
Swing trading refers to the practice of trying to profit from market swings of a minimum of one day and as long as several weeks.
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Technical analysis focuses on market action – specifically, volume and price. Technical analysis is only one approach to analyzing stocks. When considering what stocks to buy or sell, you should use the approach that you're most comfortable with. As with all your investments, you must make your own determination whether an investment in any particular security or securities is right for you based on your investment objectives, risk tolerance, and financial situation. Past performance is no guarantee of future results.