futures
Learning to read a chart is an indispensable skill, whether you are trading stocks, futures, exchange traded funds, options, or any other venue. Chart reading is a key component of technical analysis and can give you a pretty good idea of future price movement, based on historically proven chart patterns. There are many different types of charts. The most simple type of chart is ...
The second most important variable for a point and figure chart is the reversal threshold. The most common amount of reversal threshold is three boxes or three points. A new column is only added when a reversal in an existing column exceeds the reversal threshold. What should be the reversal threshold or the reversal amount before a new column is added? The reversal amount in pips is 30 ...
There are 100s of Exchange Traded Funds (ETFs) and HOLDRS covering key industry benchmarks such as the various Standard & Poor (S&P) Indexes, Russell Indexes or the Dow Jones Products. There are other ETFs that cover the other less well known narrow based sectors. For example SPY tracks the Standard & Poors 500 Composite Index and is the largest of the ETFs. You should ...
