Stoploss.ch

Technical Market Research and Investor Coaching

Delivering technical research of the financial markets
and offering professional guidance for those who wish to improve their trading performance.

Chart Patterns

Flag or Pennant

Pattern Description:

A flag or pennant is a continuation pattern which portrays a period of consolidation in the market before resumption of the original trend. They can be observed in both rising and falling markets. A rise in volume should be observed at the breakout point. If this is not the case then the move is likely to falter.

Two Things You Can Do To Immediately Improve Your Trading

Most traders are just a few trading secrets away from achieving total consistency, but these secrets can be the difference between success and failure in the markets. Years ago a Floor Trader was taught these very same trading elements that have enabled him to sustain his trading for the past 4 decades.

Five Guiding Principles of Trading Psychology

by Brett N. Steenbarger, Ph.D.

When I recently participated in an online chat presentation for John Forman, I assembled my ideas into ten basic principles that have guided my thinking about the psychology of traders and the psychology of markets. In the very near future, if my testing continues to be promising, I hope to present a market indicator for swing traders that rests firmly upon these principles. Stay tuned! In the interim, here are the five principles that pertain specifically to trading psychology. Next up will be...

A Golden Cross for Platinum

2024-04-29 by Tim Straiton

The current price for platinum is $920 and trading marginally above its 200 day moving average (916.70) and also above its 50 day moving average (918.00). It has now exhibited a golden cross formation which is bullish.

The MACD indicator is currently at the end of a bearish phase and promises to turn to the upside. Expect a rally towards $964, the Fibonacci 61.8% retracement level from the low of 895, based on the recent 895 to 1006 range traded since the midddle of April 2024.

Disclaimer

Our opinions are not a recommendation to buy or sell a security. Your decision whether or not to open a transaction should be based on your own due diligence and not on any representation we make to you.

Featured Site

Commodity Online Group

Site Description:

Commodity Online Group runs a network of four companies: Commodity Online India Limited, Celebrus Commodities Limited, Celebrus Capital Limited and Tranzmedia Netvision Pvt Ltd. These compaies operate in research and information services, trading in commodities, equities, currencies and spot commodities market, IT services related to web portals and back office solutions in trading.