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Technical Indicators for a Second Confirmation

There are hundreds of technical indicators, many reliables, others not. There are for the taste of each trader and his trading style. In my case, after having tried many of them during my years of trading, I decide to manage few technical indicators just for "the second confirmation", which means as a  complement  to use in conjunction with the main one, the  Price Action Analysis , only to reinforce any bull or bear signal.  Usually, you only need two, a maximum of three, indicators for each timeframe. It's enough.  Remember, there are just indicators, not a strategy. There's no infallible or magic indicator: all of them give false signals.   Select and use your favorites indicators in multiple timeframes, making the strategic decision on the major and the tactical choices on the minor timeframe. The most popular: MACD and RSI The oscillators MACD and RSI, together with the moving averages, form the standard trifecta of a trader for the technical analysis. Bec

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Tips for an Option-Based Long-Term Portfolio

Was since 2020 when, in a revolutionary decision, the main US brokers (Ameritrade, Fidelity, Charles Schwab, eTrade) decide to offer zero-commission in stocks, ETFs, and options trading, that the stock market's control changed forever: now the retail traders, decide face to face with institutio…
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A Trading Plan, the best Trader's Weapon

I follow the stock markets daily since 2008. That year I began investigating the stock trading world, due to the real estate crisis that ate part of my investment portfolio designed by bank "financial experts". As I'm always interested in finance, I took the decision to manage my mone…
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Enhance your entries with the Volume Profile

With a stock market like the current one, moving in all-time highs, artificially created and maintained by the Fed, with the latent threat of the second wave of Covid, and the slow economic recovery expected in 2021, some traders (like me), with the intention of having better risk management, are c…
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Identifying Breakouts and False Breakouts

Breakout Traders.
After years of reviewing investing blogs, and sharing experiences and trading styles in chats with other traders, I'm sure that (one of) the most popular are the "breakout traders". This is a type of trader who uses technical analysis to identify high conviction brea…