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Books You Read To Make Money

5 Stock Market Books You Must Read 1. One Up On Wall Street On our selection of the top 10 books for stock market investors, this one is placed number one. The author of this book, Peter Lynch, is one of the most successful fund managers, having had a portfolio…

Top Technical Analysis Tools – MACD

A moving average is nothing more than a composite portrait of mass consensus that represents an average consensus of value over a given period. It detects trends by removing daily price fluctuations. Excessive variety makes it harder for traders to determine the overall trend of a security. With the help…

candlestick pattern cheat sheet

Candlestick charts were established in Japan over a century before bar charts and point-and-figure charts were invented in the West. In the 1700s, a Japanese man named Homma observed that, while there was a link between rice price and supply and demand, the markets were also heavily impacted by traders'…

RSI indicator app

The RSI calculates the ratio of up-moves to down-moves and normalizes the result to produce an index with a range of 0-100. J.Welles Wilder was the one who came up with the idea. If the RSI is greater than 70, the instrument is considered overbought (a situation whereby prices have…