How to Know When a Trend Reversal Is Likely

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Technical Analysis: U.S. Dollar in Free Fall, But…

The U.S. dollar looks like it caught the flu. And apparently, it would appear that bullish bets on a higher U.S. dollar, sparked by Trump’s win and his pledge on tax cuts, deregulation and federal spending programs has managed to unwind.

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Technical Analysis 101: Three Great Technical Tools

When it comes to technical analysis, it’s very easy to become overwhelmed with the shear number of indicators.  Everything from Bollinger Bands and MACD, to moving averages and accumulation/distribution lines can make even the most seasoned pros a bit cross-eyed and batty after awhile.

 

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Technical Analysis: The Hottest Commodity of 2017?

One of the rarest precious metals is having its best showing in years.

Not even gold (up 10% from a low of $1,146.50), silver (up 15% from $15.94) or even copper (up 6% from a low of $2.448) can touch it. 

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Four Last Minute Tax Tips You’ll Need this Year

No one has ever been a big fan of taxes.  But we have no choice. It is what it is. It’s one of life’s certainties next to death.

While we typically talk about technical patterns here, we wanted to offer some key advice when you move to file your return:

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Excessive Greed: Know when to Exit the Bitcoin

“Be fearful when others are greedy and greedy when others are fearful.”

That’s one of the trading philosophies of billionaire Warren Buffett.

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Technical Analysis 101: The Parabolic SAR

There are hundreds – if not thousands -- of ways to study a chart.

Look through Steve B. Achelis’ Technical Analysis from A to Z if you have a chance.  There are nearly 330 pages worth of examples, including the Parabolic SAR, or the Parabolic Stop and Reverse, which can help indicate momentum.  It can also be used to indicate a higher probability of pivoting and switching direction.

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Technical Analysis: The Next Stop for Bitcoin

It’s hard to argue the Bitcoin has become one of the most volatile – but rewarding currencies of the last year.  Up nearly 180% in a year, there are no clear signs the rally could stall.

Instead, should momentum continue, the crypto-currency could hit $1,216 before long.

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Technical Education 101: Channel Trading

When it comes to technical analysis, there are thousands of patterns to watch for, decipher and understand along the way. 

They’re not so tough to understand. 

In fact, one of the easiest ones to understand is the channel, defined as two parallel trend lines within a tight trading range.  The upper line connects the price peaks in the channel while the lower line connects the price lows. 

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Technical Analysis: The Trade That May Perk You up Again

As it turns out, Americans still love their coffee.

In December 2016, a predicted surplus coupled with a stronger U.S. dollar, sent coffee prices screaming to a low of $1.42. But it was at that point that coffee hit an unsustainable low with incredibly oversold momentum metrics, including Relative Strength, MACD and Money Flow. 

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Technical Analysis: Bollinger Bands and Williams %R

Every day, thousands of traders under- and overreact to news, which can create incredibly oversold or overbought conditions in a matter of minutes.

However, once that news has been fully baked into a security, it can leave the stock still dangling in severely oversold or overbought territory.  And it’s at that very moment, you want to pounce on the track for potential mean reversion, or a snap back to the average.

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Technical Analysis: The Hottest Metal Story of 2017

It may not be one the most attractive, sexy trade ideas you’ve ever heard.  But this is a metal breakout you may not want to ignore for much longer. 

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Technical Analysis: A Forgotten, But Useful Indicator

When we typically think of technical analysis, we think of Bollinger Bands, moving average convergence divergence (MACD), relative strength (RSI), Williams’ %R, moving averages, and a host of other strong indicators.

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