How to Use The Parabolic SAR – 3 Killer Strategies
The Parabolic SAR indicator helps the trader determine the direction in which the security is moving, and helps determine possible reversals in the trend. It usually is shown with circles or stars, below the price in an uptrend, and above the price in a downtrend. The Parabolic SAR, developed by J. Welles Wilder Jr., stands […]
How to Read and Understand Candlesticks
Candlesticks are a Japanese invention thought to be developed by Munehisa Homma. Candles are used in technical analysis to identify trends and patterns in a company’s stock in more detail than just a regular line chart. They represent the emotions of traders and a more detailed look at a stock’s price. For most charts, the […]