The STOCHASTIC indicator shows us information about momentum and trend strength. As we will see shortly, the indicator analyses price movements and tells us how fast and how strong the price moves.This is a quote from George Lane, the inventor of the STOCHASTIC indicator:“Stochastics measures the momentum of price. If you visualize a rocket going up in the air – before it can turn down, it must slow down. Momentum always changes direction before price.” – George Lane, the developer of the Stochastic indicator.

SUPPORT AND RESISTANCE

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A support level is a level where the price tends to find support as it falls. This means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue falling until meeting another support level.[2]A resistance level is the opposite of a support level. It is where the price tends to find resistance as it rises. Again, this means that the price is more likely to "bounce" off this level rather than break through it. However, once the price has breached this level, by an amount exceeding some noise, it is likely to continue rising until meeting another resistance level.The parabolic SAR indicator is graphically shown on the chart of an asset as a series of dots placed either above or below the price (depending on the asset's momentum). A small dot is placed below the price when the trend of the asset is upward, while a dot is placed above the price when the trend is downward. As you can see from the chart below, transaction signals are generated when the position of the dots reverses direction and is placed on the opposite side of the price.Read more: How is the Parabolic SAR used in trading? https://www.investopedia.com/ask/answers/06/parabolicsar.asp#ixzz5KTPK3JB5 Why is Fibonacci analysis so popular in trading? Fibonacci levels are geometric numbers, so the retracements & extensions appear pleasing to the eye Fibonacci levels provide objective price reference points and thus remove subjectivity (when used correctly) Fibonacci retracements and extensions are among the “invisible” levels of support and resistanceRead more: https://www.cornertrader.ch/export/sites/cornertrader/.content/.galleries/downloads/website/tutorials/4-2-technical-analysis-fibonacci.pdf PRICE TODAYRule No.1: Always Use a Trading PlanRule No.2: Treat Trading Like a BusinessRule No.3: Use Technology to Your AdvantageRule No.4: Protect Your Trading CapitalRule No.5: Become a Student of the MarketsRule No.6: Risk Only What You Can Afford to LoseRule No.7: Develop a Trading Methodology Based on FactsRule No.8: Always Use a Stop LossRule No.9: Know When to Stop TradingRule No.10: Keep Trading in PerspectiveSource: https://www.investopedia.com/articles/trading/10/top-ten-rules-for-trading.asp THIS IS MY RULES1. Use money you can afford to loss.2. Know your self.3. Start small.4. Don't over commit.5.Isolate your trading from your desire for profit.6.Don't form new opinions during trading hours.7. Take a trading break.8.Don't follow the crowd.9.Block out other opinions.10. When your not sure, stand aside.