Last week I discussed how one’s personality has a substantial influence on investor/trader behavior. In fact, one often hears the advice to “trade according to one’s personality,” but most models used by psychologists for defining personality are...
|Australian Dollar/U.S. Dollar||931.29||-0.18%|
|Euro Fx/U.S. Dollar||1,338.58||-0.08%|
|British Pound/U.S. Dollar||1,690.15||-0.06%|
|U.S. Dollar/Canadian Dollar||1,090.65||0.05%|
|U.S. Dollar/Swiss Franc||909.25||0.06%|
|U.S. Dollar/Japanese Yen||1,028.59||0.07%|
|Silver/Turkish New Lira||43.8542||0.0526||0.12%|
|Silver/South African Rand||220.03||0.78||0.36%|
|Gold/Turkish New Lira||2||-5.79||-0.21%|
|Gold/South African Rand||13||5.9||0.04%|
It looks like a long period of churning in Dollar Index futures is poised to resolve higher. Given the duration of the basing activity, this favors a rising trend in the intermediate term (three to 12 months forward). Looking across the major currency...
The following is a list of my top 10 favorite free resources on the web for investors and traders. None of these websites involve any cost, though some do offer the possibility to upgrade to a pay service. We did not include TraderPlanet, since you are...
I recently wrote several articles for TraderPlanet about how brain type affects one’s attitudes, mood and behavior when trading and investing. Tendencies toward impulsivity, anxiety and even addiction may be the result of chronic under- or over-active...
“Stick to your trading plan” is what we hear said all the time and I’ve been known to say it too. Although that may be the best thing to do, if your trading plan is ok, there’s the odd time that crops up that makes you question it.Being a dedicated...
The objective of any trading strategy is to identify trading entries with a high positive predictive value: i.e. the sensitivity and specificity of the order are likely to be successful close to 90% of the time. Getting Started In order to achieve this...
With the World Cup ending last Sunday, many people were in search of exciting programming to entertain them. I’m sure many fed their hunger for audio-visual stimulation by tuning in to Federal Reserve Chair Yellen’s two-day testimony before the Senate...
Many have tried, and most fail. Becoming a ‘day trader’ is not as easy as it appears… Building a short-term strategy in any market presents a series of challenges that most traders, especially new ones, simply cannot overcome. Prices move quickly, and...
The number one trading topic that few traders want to talk about is the trading loss. When was the last time you heard a trader say, “I had a fantastic loss the other day. Let me tell you all about it?” No one likes to lose money and the experience...
The 3 by 3 is a proprietary trading technical tool that I developed in the early 1990’s.The purpose of the 3 by 3 is to find meaningful support and resistance for the current trading bar. It can be used on any timeframe chart —intraday, daily, weekly,...
For Phase I of Markets re-design, we are introducing simple OHLC bar charts with a volume histogram.
To adjust the period and scale of the chart, use the "slider" bar which appears underneath the Volume histogram frame. If the slider frame is not appearing, you may need to adjust the 'Zoom' view of your internet browser or adjust your screen resolution to a lower resolution.
By dragging the start and end arrows of the slider bar to the left and right, you can easily adjust the date range.
Features planned for Phase II will include a selection of chart types and a technical indicator library with the ability to define a custom date range for the chart data.