We've talked before about the importance of support and resistance when looking at a stock chart. Back in October, I called it a trader's "Swiss Army knife" and one of my go-to technical indicators.
A price channel, in Technical Analysis Trading, is a simple but powerful graphical pattern. It is created when a security’s price remains contained between two parallel trendlines: an upper line ...
In this article, we will try to develop a trading system on the CME-listed Heating Oil (NY Harbor ULSD), with the idea of diversifying into energy futures. Similar to gasoline futures (RBOB Gasoline), ...