1 – Bar types Upward bars: each high and low is higher than the previous ones. The bars indicate that we are witnessing an uptrend. You’ll notice that the closing price is higher than the opening price until the trend…
The following pivot point trading strategy has been around for a long time. It was originally used by floor traders. This was a nice and easy way for floor traders to have an idea of where the market was going…
On this page, we’ll be exploring the “grid trading” strategy. Those who use this techique claim that its principles are totally contrary to what is normally taught about risk management and market trading in general, but they also claim that…
For professional traders, the analysis of support and resistance levels in the foreign exchange market is a key component of technical analysis. Here are some cases where you can use a support and resistance forex trading strategy on trend lines. Please note…
The RSI is one of the most frequently used technical indicators by both private and professional traders. Its ease of use and added value when trading the markets make it the key tool of any trader or technical analyst. RSI…
(updated with a 2nd, and a 3rd lower-risk strategy, scroll down to bottom of the page!) The forex trading technique below is simply…awesome. If you are able to look at a chart and identify when the market is trending, then you…
Introduction The formation of a pin bar is in fact a trend reversal which consists of 3 bars. The term “Pin Bar” is an abbreviation of the term “Pinocchio Bar”. Let’s take a look at how a pin bar is…
U.S. private sector firms signalled a strong upturn in business activity in August, with both manufacturers and service providers registering expansions. Notably, it marked the first rise in service sector activity since the start of the year, while goods manufacturers…
Investing.com — U.S. stock markets opened mixed on Wednesday with ‘old-economy’ indexes outperforming the Nasdaq after another couple of barnstorming quarterly updates from the retail sector. Target (NYSE:TGT) stock rose 7.3% and home improvement expert Lowe’s (NYSE:LOW) stock rose 1.4% after…
Typically, blockchain exchanges and traditional exchanges, such as the Nasdaq or London Stock Exchange, have been seen as polar opposites where blockchain exchanges are seen as a more open, community-focused option, whereas traditional exchanges are seen as relics of the…