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Price without Time

(This is the 12th in a series of articles on basic technical analysis originally published in Futures magazine.)

 

All of the technical analysis associated with charts (bar, candlestick, chart patterns, gaps, etc.) and indicators (moving averages, MACD, etc.) covered so far in this series have required a time element. Whether it was one minute, one day or one week, the bar representing that period had an opening time and price, a closing time and price and a high and low that applied to that period only.

Dealing with Stress for Trading Success

By Mike McMahon, Director of Education, Online Trading Academy*
Posted: April 11, 2008

As an instructor at Online Trading Academy, I obviously have a lot of students who "check in" with me from time to time. One recent note from a student was filled with all his recent triumphs and many of his recent defeats, but what prompted me to write back immediately was his last comment, "Mike, I am just getting tired faster and faster. I was able to handle the classes and do the research and maintain the trades, but I feel like I am fading out."

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