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

Rectangle

Pattern Description:

The rectangle pattern consists of two horizontal trend lines containing market activity. As long as prices remain within the pattern, volume tends to be erratic to low. A break out of the pattern which generally follows the direction of the prevailing trend, is accompanied by a rise in volume.

Anne Marie's Target Rich Trades

The Target Rich Trade system is a swing trading methodology created by Anne Marie Baiynd. This add-on uses Stochastics Momentum Index as well as a proprietary blend of indicators to give you simplified entries and exits on a chart.

A Lesson in Trading Psychology

by Brett N. Steenbarger, Ph.D.

Back in 2004, I joined Kingstree Trading, LLC, a proprietary trading firm in Chicago. There, I had the good fortune to get to know--and observe--many successful traders at work. One lesson particularly stands out in my mind. A trader saw buying come into the market, and he quickly jumped on board. He saw that the odds of taking out a recent high were good, given the size of the buying. To his surprise, however, the trade stalled out before the target and reversed. He quickly exited with a tick...

Ripple - Is the period of consolidation over?

2025-01-02 by Tim Straiton

The price of ripple at the time of writing is 2.4110 and trading above the 50 day rising moving average of 1.9850 and also above the 200 day rising moving average at 0.9077. The descending triangle pattern currently defines support at 2.0050 and resistance at 2.5320.

The 14 day relative strength index suggests that current downside is limited, while the MACD - V indicator remains in the bullish sector and about to gain upside momentum. Fibonacci 61.8% upside projection target comes in at 3.51, based on the 2.9040 - 1.9230 range, while the 38.2% upside target is 3.278.

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

MTSt Markets

Site Description:

MTS is Europe’s premier electronic fixed income trading market, with over 500 unique counterparties trading European government bonds, quasi-government bonds, corporate bonds, covered bonds and repo, and with average daily volume exceeding EUR 85 billion.