Before reading this piece, I’d urge you to read the following posts: Candlestick Formations How To Set a Candlestick Time Period on Charts A part of this article is based on a technical session conducted…
Beginner traders and investors often get confused about the time period to set while performing technical analysis. Depending on the trading style and strategy, you should choose from the following time periods: Monthly Weekly Daily…
Candlesticks are the Japanese way of representing price movements on a chart. Candlesticks are pretty comprehensive, and these cover the opening, closing, high and low prices. The opening and closing is represented by a body…
Last week, I had discussed about how MACD Bullish Crossover should be interpreted and used while picking stocks using Chartbot. I suggest you read the MACD article before this post. This week, let’s chat about…
The Moving Average Convergence Divergence (MACD) has many elements attached to it. There’s the signal line (9 Day EMA), the MACD line (26 -(minus) 12 day EMA), the histogram and the zero line. Without getting…
DATE: 9 DECEMBER 2017 A Golden Cross is formed when the 50 Day Moving Average crosses the 200 Day Moving Average. In plain English for those who do not understand charts, it means that the…
