Entries by Spencer Li

Exotic & Uncommon Technical Analysis Methods

In addition to the mainstream methods used by professionals, you might also come across online some exotic and unorthodox methods: Fibonacci analysis Elliot wave theory Gann theory Harmonic patterns Dow theory Ichimoku Kinko Hyo (Cloud charting) Volume Spread Analysis (VSA) Market profile Pitchfork analysis Point and Figure (P&F) Cycle analysis Many of these theories were […]

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The 3 Main Types of Technical Analysis

There are 3 main categories of technical analysis methods that are used by all traders: Classical charting Technical indicators Price action Since I will be doing separate guides for each of these methods, for now I will be briefly going through each one.     1. Classical Charting These were the very first tools developed […]

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How to Read Price Bars (Candlestick Bars)

Now that we have learnt how to read price charts, the next step is for us to zoom in on the individual bars that make up the price charts. Since these charts are called candlestick charts, the individual bars are called candlestick bars. For convenience, most people will also refer to them simply as price […]

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How to Read Price Charts (Candlestick Charts)

As we mentioned in the previous chapter, there are buyers and sellers, and a transaction happens when both a buyer and seller agree to transact at a particular price. As the number of buyers and sellers in the market vary, so does the supply and demand, which causes the price to change continuously. A price […]

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What Products & Markets Should I Start Trading?

There are many different financial markets and financial products that are available for you to choose from, which sometimes can be too overwhelming. Personally, I have traded or invested in almost all of them over the years. In this post, I will give a brief introduction to each market and product, followed by my best […]

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