http://www.darrenwinters.co.uk Tue, 18 Nov 2008 17:51:26 +0000 http://backend.userland.com/rss092 en What do P&F charts look like? A point and figure chart is always plotted as a series of columns, ideally on squared or graph paper. Each column contains either letter Xs , representing rising prices, or letter Os representing falling ones (never both!) The vertical axis of the chart represents share ... http://www.darrenwinters.co.uk/an-introduction-to-point-and-figure-charts-part-3 The Advantages of Point and Figure Charts Point and figure charts have several advantages over simple line graphs showing the movement of prices. Primarily they remove the effect of noise, concentrating on the high and low prices of each share during each day. They can also compress several days into one, ... http://www.darrenwinters.co.uk/an-introduction-to-point-and-figure-charts-part-2 What are Point and Figure Charts? Point and Figure charts are a way of plotting the movement of share prices in such a way as to remove the effect of the noisy variations and just leave the important information. They were developed in the years before computers made chart plotting and ... http://www.darrenwinters.co.uk/an-introduction-to-point-and-figure-charts-part-1 A bull market, also known as a bull run, is one in which shares are generally rising in price. The investors are generally optimistic and keen to buy, thereby driving prices up further. A good example is the U.S. stock market in the early nineties, when all the stock market ... http://www.darrenwinters.co.uk/jargon-used-in-technical-analysis-bull-and-bear-markets This is another one of those “Looks a bit like what it means” terms. In this case, the price in shares dips in a gradual U shape and then picks up, followed by a slight drop marking the handle of the cup, and then a further climb. The peak between ... http://www.darrenwinters.co.uk/jargon-used-in-technical-analysis-a-cup-and-handle-pattern The bounces that happen when shares reach their support or resistance levels tend to be repeated, that is, when a share falls to a support level, it may well bounce repeatedly off that level, and similarly for rising to a resistance level. However, shares can break through their support or ... http://www.darrenwinters.co.uk/jargon-used-in-technical-analysis-share-price-breakout Resistance is a mirror image to support for a share price. In this case, a share price is rising and reaches a level at which investors won’t sustain it any further and the price falls back. It is as though the share price has bounced off a glass ceiling. Having ... http://www.darrenwinters.co.uk/jargon-used-in-technical-analysis-resistance Share prices rise and fall depending on, amongst other things, investor confidence. When shares are falling, they may reach a level where investors start to buy, perhaps feeling that the shares are now a “bargain”. The price would then rally slightly. Effectively, the share price has “bounced” off a minimum ... http://www.darrenwinters.co.uk/some-jargon-used-in-technical-analysis-support-for-a-share-price Technical Analysts (sometimes called “Technicians”) try to spot trends in share prices as they are continually changing, and have developed a vocabulary of technical terms to describe that behaviour. A lot of them, such as moving average or linear regression, are simply standard statistical methods that have been pressed into ... http://www.darrenwinters.co.uk/some-jargon-used-in-technical-analysis-part-1 No-one knows exactly how many organisations and individuals use ANNs to predict stock market prices as people tend to be secretive about their methods. One of the postulates of the Efficient Market Hypothesis is that information flows efficiently round stock markets and so any ANN that had a high success ... http://www.darrenwinters.co.uk/the-use-of-neural-networks-in-stock-market-prediction-9