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Technical indicators in technical analysis - Essay Example

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Summary to essay on topic "Technical indicators in technical analysis"
Most of the time the market remains stationary. Only for some 15-30% of time the market generates trends, and traders who are not located in the exchange itself derive most of their profits from the trends" (Bill Williams, 2006). Alligator is a technical indicator that indicates changing trends in the market…
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Download file "Technical indicators in technical analysis" to see previous pages... Alligator works as a blind chicken that always find its corns.
These lines that form Alligators Jaw, Teeth and Lips show an interaction of different time periods on the chart. When these three lines join together it means the Alligator is going to sleep or already asleep. As it sleeps it gets hungrier,
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the longer the sleep the more hungrily it becomes. When it wakes there will be a bullish run and after having a quite full of meal it loses its interest to food/price. "This is the time to fix profit" (Bill Williams, 2006). ...Download file "Technical indicators in technical analysis" to see next pagesRead More
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