In his first book, A Complete Guide to Technical Trading Tactics, John Person introduced traders to the concept of integrating candlestick charting with pivot point analysis. Now, in Candlestick and Pivot Point Trading Triggers, he goes a step further and shows you how to devise your own setups and triggers-in the stock, forex, and futures [...]

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1) How to get more “Bang for your Buck” through leverage control $50,000.00 for $5,000 or less 2) Simple, profitable strategies for the E-Mini S&P’s 3) Anyone can be a futures trader with these incredible derivatives 4) How to reduce both your commission costs as well as the “load” on your transaction This is a [...]

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Product DescriptionFutures trading,for many years the domain of professional fund managers and harried, hand-waving pit traders, was long considered either too risky or too sophisticated for the average investor. However, due to current technology that capitalizes on formerly inaccessible data and research, this vast trading arena holds great promise for those who seek to leverage [...]

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With Backtesting, traders can actually test their trading strategies and how well they would have done if executed in the past. Backtesting any trading strategy allows a trader to simulate its expected performance using historical price data.

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Have you ever traded multiple timeframes? No, then let me explain what multiple timeframe trading is. In multiple timeframe trading, a trader first looks at a longer timeframe like a monthly or weekly chart to determine the overall direction of the trend. Multiple time frame trading is a trading method used extensively by forex traders. It involves the use of multiple timeframes.

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Divergences are often used as important trading signals. But it doesn’t mean that divergences will always predict a reversal correctly. Price oscillator divergences have long been acknowledged by technical traders as a solid indicator of potential price reversals. Well defined divergences particularly on the long term charts can be surprisingly accurate in many instances.

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Pivot points are considered to be leading indicators unlike most of the other technical indicators. This makes them highly useful to the traders to tell them about the market sentiment whether it is bullish or bearish. There are a number of pivot points that you need to calculate. How is the pivot levels calculated? Beginning with the main Pivot Point that is calculated from the previous day’s key price points, the resulting support and resistance are subsequently derived from the following calculations:

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