As I have mentioned before, the stock market trend is everything in stock trading since the trend can tell us in which cycle the stock market currently. For your information, knowing the stock market cycles is a must if want to gain maximum profit from the market. I have discussed about three available stock market trend. However, I haven’t yet discussed in detail about how we can know the current stocks market trend exactly.
Previously, in my old article, I have stated that the stock market trading is all about the trends. And recently, in Stock Market’s Cycles article, I mentioned how important the stock market (as well as economy) cycles are. So, in here, we have two the most important things to be known as stocks trader (as well as stocks investor) which are Stock Market Trend and Stock Market Cycle.
Indeed, there are many characteristics of Stocks Market. However, as newbie, it will be hard to know and memorize the entire stocks market’s characteristics – in my opinion, it is even almost impossible. Therefore, I suggest to know and memorize only the most important characteristics. Based on my experience, there are two characteristics which are the most important in stocks market. These two characteristics can be a big help in our stocks trading venture.
As I have mentioned before, the candlestick patterns are the tool that allows us to read the stocks market’s psychology with fun and easy way. Candlestick patterns can tells us whether the current down trend (bearish) will reverse to up trend (bullish) or not. These kind of chart patterns are called as buy signals. I have written the detail of these chart patterns in different articles so you may have difficulties to find all of them. [Read more...]
Stocks Market Analysis of IDX/JKSE August 15, 2011: The Resistance, Bearish Shooting Star, Support, and Bullish Hammer
The continuous global economy bad news (which include Greece Financial Crisis, Portugal Financial Crisis, Italy Financial Crisis, US Debt Ceiling Crisis, US’s S&P level downgrading, and France Financial Crisis) has knocked down Stocks Markets around the world. The Indonesia Stocks Market (IDX/JKSE) is surely not an exception and down around 14% right after reach its new highest record, 4193.556. From stocks market analysis point of view, it is a big down surely and considered as a strong bearish (downtrend).
Stocks Analysis of MAPI August 05, 2011: Confirmed Bullish Reversal Signal and a Penetrated Resistance with High Volume
In the last three days, the Indonesia Stocks Market (IDX/JKSE) is currently in healthy correction with 4086.45 as the support. Based on stocks analysis, it means Indonesia stocks market is still in up trend (bullish) as long as the 4086.45 support level is not penetrated. So, the current IDX stocks index correction should be considered as opportunity to buy the stocks/shares in discount price. That’s surely what I am doing currently. I find some stocks/shares that has been down enough and look up for the bullish reversal signal.