When You Learn Technical Analysis, Don't Forget The Ascending Continuation Triangle

By Chris Blanchet

One of the more important Classic Patterns in the Learn Technical Analysis Free Series is the Ascending Continuation Triangle. Unlike other Classic Patterns, this one is a little more difficult to spot as it will take its form after two trading-range highs that appear to form a resistance level are joined by a horizontal trendline and two higher lows of the same range are joined by a rising trendline (our site has a visual for this pattern, so please feel free to stop by for a visit).

For investors who want to learn technical analysis, the Ascending Continuation Triangle is an important pattern as it provides us with a Bullish trading signal. Since the pattern is normally a short-term pattern that takes shape over one to three months, investors are able to quickly lock in gains and reverse their position without much loss.

When starting to learn technical analysis, it is usually a little more difficult to have the patience needed to confirm such a pattern. However, here are a few tips to consider as the pattern starts to take shape.

Volume

This is probably the most important confirming factor when it comes to this pattern. As the pattern takes shape, volume should be diminishing. When the pattern is confirmed and there is a breakout, volume should spike. Lacking this volume spike at breakout, investors should no consider the pattern reliable and should steer away from making trade decisions based on it.

Moving Average

When prices are close to or touch the 200-day moving average, the pattern is considered to have greater reliability.

Duration

Duration is also an important consideration. Many people who are just starting to learn technical analysis will forget this. Ideally, the break-out should occur long before the pattern reaches the right tip of the triangle. In fact, investors should expect break-out to occur roughly three-quarters to two-thirds of the way along that upper line.

For investors seeking an explanation as to who this pattern occurs from a fundamental basis, consider a company or large shareholder who wants to sell only at a predetermined price. When the price reaches such levels, the supply of stock will dwindle and push the price down. Until that supply is depleted, this price level will form a resistance line (the upper, horizontal line). However, once this supply is exhausted, the price will break out, which is where people who want to learn technical analysis will see confirmation of such a pattern. - 23222

About the Author:

For investors who want to learn technical analysis free and receive two free stock picks every week that exemplify the signals discussed in the Series, visit Online Trader Today.com.

Philippine Franchise Business Can Pave Your Way To Financial Freedom

By Franky Franchise

The Philippines has earned the title as the "Franchise Hub of Asia"! Yes, you heard that right. Though our country is still classified as a third world country, our economy is improving - thanks to all the Philippine franchise businesses sprouting everywhere. No doubt about it - franchising is now one of the most outstanding and successful business in the country.

According to credible sources, Philippine franchise business significantly helps in the improvement of our economy. The truth is, it adds $6.6 billion or about five percent of the country's GDP and provides employment to about a million Filipinos. This clearly shows how franchising is making a great difference to this country and its people.

What are some of these Philippine franchises we are talking about? We have food cart and kiosk and gigantic fastfood chains as Jollibee, McDonald's, KFC and the like, bakery and food stores, and Bars and cafes. These businesses alone make up about 41% of the whole franchise business. We also have service-type franchises like printing shops and call centers, education and training franchise, and personal care franchise that contributes another 32% of the pie. The rest are franchised retail outlets.

If you think that only those who have inexhaustible financial resources can go into these types of business, think again! The truth is that even you can have one of these businesses. And depending on the type of franchise you want to put up, there's no need to invest much money. What you need to invest more in is knowledge on how to run the business. You also need to learn more about the product or service that will click with your future customers.

But how can you choose what franchise business to invest in? First, choose something you're interested in. You can run a business with ease if you're interested, can't you? Also focus on the commonly used products at home or at work, just like what the top franchises offered.

After you've decided, make some research and be knowledgeable about the franchise business of your choice, your market, the location and the cost requirement for putting up the identified franchise.

After you've selected your franchise of interest, continue on your research about the product and the market where you'll sell it. You should also be knowledgeable about the perfect location for your chosen business and its cost requirements as well.

So, what are you waiting for? It's time to take action. Start your own Philippine Franchise business now and make a difference! - 23222

About the Author:

The author writes articles about Philippine franchise and helps people get started in franchise businesses in the Philippines.

Learn How To Trade Forex

By Alan Tapori

Forex dealing is one of the world's largest internet dealing industry in the planet and stands at dealing approximately 1.3 trillion dollars around the world done by millions of folks actively taking part either on line or through a forex agent.

Now the basal inquiry that comes up is how to trade forex? The reply to this important enquiry is while simple but calls for a earnest view and an passionate learning approach. For learning forex or Fx dealing you must be well aware of the fundamentals of forex world some of which are recited below.

Forex is broadly dealt in 4 major currencies apart from additional ones versus each other. These 4 currencies are dollar, British pound, Yen and Euro. The basic unit in which forex is traded is a pip

Forex trading cannot be done directly like stock market but through a forex trader. Huge institutions such as commercial banks and companies and government also deal in forex.

At present you require at the least $250 to begin your forex dealing. Forex trading is commonly performed on gross profit basis. Gross profits depend on the type of account you are holding.

The basic minimum that one requires to start trading forex is $250. Forex trading is done on a margin basis that depends on the type account one haves. Forex trading is a market that is open 24 hours a day and 365 days a year. This means that there is no time that the trading is not occurring.

All the same, although numerous sites on the internet will bait you into dealing your hard gained capital into forex market, a guarded approaching should be taken to avert pits including extravagant margin trading without prior knowledge of margin and the currency traded itself. Time literature and inclusion of the unpredictability of the market ought be cautiously analysed otherwise you could see your hard earned money being washed out in the swamp of trading giants. - 23222

About the Author:

Alan Tapori is a forex enthusiast and teaches beginners how to trade forex. He suggests tips for online forex trading.

Different Types Of Stop Loss Orders

By Ahmad Hassam

Managing risk and using systems that helps evaluate price changes is critical if a trader is to maintain a degree of profitability over time. You should understand how to select stop orders to limit your potential losses and how to let profits ride.

Managing risk should be your number one job. The descriptions of the types of stops and the pros and cons of each should help you make the right decisions for the different market conditions. Capturing as much profit as possible from winning trades should be your utmost goal.

You should know the various types of stop loss orders. You should also know where and when to place these stops. Predetermined stop loss orders help you conquer your emotions. Stops should be part of the trading system and included in your trading rules.

Stop orders can be placed close to the entry level when volatility is low. However, when the volatility is high, stop orders should be placed further from the entry level. Set a stop objective. Weigh the risk/reward ratio before entering each trade.

Initially you will form an opinion based on your gut feelings that is substantiated by a trade signal. When entering a trade make sure you know where and why to put the stop order.

News releases create price spikes that may make an adverse move against your position. However, you will undoubtedly get caught in the news driven price shock events. It makes the markets highly unpredictable in the short run.

Stop orders can also be placed to enter positions. Stop orders that you place online if the market trades at a certain price, then the order is triggered and become a market order to be filled in by the next best price available. Stop orders are placed to protect against losses.

Sell stops are placed below the current market price. Buy stops are placed above the current market price. Protective stops are used to offset a position and to protect against losses and against accrued profits.

Stops can be placed on a dollar amount per position. If you want to risk only $250 per $100,000 standard lot position then your stop loss will be placed 25 pips from your entry point. You can set a daily dollar amount on the loss limit.

Traders use 2-5% of the overall account size as their stop loss. If your trading account size is $10,000, this comes out to be $200-$500. You can also use a certain percent of your overall account size as your stop loss.

Swing traders can use the automatic trailing stop. Many traders tend to turn winners into losers as they get in the let it ride mindset. The trailing stop reduces the chance to let trades ride. This makes the decision making process fully automated. - 23222

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading stocks and forex. Develop your own Forex Trading System. Learn Forex Trading .

Money, Banking, Taxation The Infinite Banking Concept And Becoming Your Own Banker

By Tomas McFie

Money is hardly ever considered an asset. Yet you can prove that it is an asset by attempting to live 10 days without using it. Because assets tend to multiply this is an important realization.

It has been written that "The value of an asset increases exponentially while the value of your labor only increases incrementally."

Most people are concerned about the rate of return on their money when they should be concerned about the return of their money. And so they lose the real value of their money by giving it to someone else.

Think about this:

Where does all your money go when you get a paycheck?

Into a Bank owned by someone else?

Do you or someone else profit the most from this way of doing business?

It has been written that "you can't multiply wealth by dividing it." Habitually letting others have first right to your money by depositing your paycheck into their bank, gives them control over your money and not you. This will wind up costing you thousands of dollars, if not more, over time. Each time you give up management of your money to someone else you lose wealth. When you allow others to manage your money your money now can be subject to account charges, service fees and management fees. Plus the managers of your money will make money off your money and pay you very little in comparison to what they are making.

You must read the book about the Infinite Banking Concept entitled Becoming Your Own Banker. It will allow you to control and profit from the financial equation which is:

You lose money whenever you buy anything. You lose money that you could have earned in interest when you pay cash, or you lose the interest you have to pay someone else to use their money to make your purchase.

Do not be fooled, banks and financial institutions make money when they loan your money out to others. If you practice Becoming Your Own Banker however, you are the one who will profit the most by allowing for your money to return to you in a tax free environment the IBC way. - 23222

About the Author:

Dr. Tomas P McFie DC PhD is a professional financial coach and is widely known for helping people recover the money they currentley spend. Don't Make another payment until you have viewed his Infinite Banking Video Then Contact him he can help you