I've been following AAL for the last week to get a feel for the psychological factors as well as the Support/Resistance, Risk/Reward ratio and candlesticks.
I suggest that all novices perform this exercise. It was my version of FTSEbeater's article 3.
T2W Day Trading & Forex Community
It's a...
I was looking for a concise source of information at the beginning level to help me understand charts and how to read them.
I found this chart school site that was very helpful and explained the various aspects of charting quite precisely and succinctly.
I hope it is beneficial to the other...
T2W Day Trading & Forex Community
This is the essence of this thread in article format with the charts used at the beginning of the thread.
Happy Trading all!
Time frames for charts were mentioned frequently in FTSE's thread on Trading Basics.
What are the different time frames used?
When are those different time frame charts used in the analysis?
Let's Follow AAL for the next year
Since this thread is for beginners like me,
Let's take the first chart of AAL from post 2 and following it for a year.
http://www.trade2win.com/boards/21511-post2.html
For each chart posted:
Draw support and resistance lines
Draw the trend line
Risk...
I am quite new to trading.
Is there a thread on how to navigate charting packages???
I have found this thread extremely informative but I need even more elementary help on how to naviagate charting packages.
I registered for free on ADVFN so I could use the links in this thread.
My ADVFN...