The Success Academy

How to Use The Parabolic SAR – 3 Killer Strategies

Parabolic SAR indicator with price action

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

Red and green 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 […]

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