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PRICE CHANNEL Commodity or stock prices are in constant vacillation. When you draw a pair of parallel lines to approximate the trend of the prices, you are creating a price...
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MOVING AVERAGE The Mean When dealing with time series data, a moving average smooths out short-term fluctuations. It also highlights long-term trends. Practical applications of the moving average would be...
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PIVOT POINT Pivot point is a redictive indicator of market movement. It is Simply an Average A pivot point is calculated as an average of significant prices, namely the High,...
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BOLLINGER BANDS Bollinger bands measure the height of the price relative to previous trades. This is a technical analysis tool invented by John Bollinger in the 1980s. evolved from the...
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TREND LINES a bounding line for the movement of a security Definitions: 1) When you can draw a diagonal line between two or more price pivot points, you can then...