50 day moving average more specifically 50 day simple moving average is popular among traders and technical analysts worldwide. Have you ever ask yourself why ? There are various types … Read more
As banks and hedge funds hold positions for longer, they need to get a longer-term trend direction. 200 day moving average is treated as a leading indicator by top-class technical … Read more
The moving average is one of the most popular technical analysis indicator day traders use to identify profitable setups. But the problem is that if you don’t know which is … Read more
Many new comers confused themselves understanding Cup and handle pattern vs Double top pattern. While there is no complexity as cup and handle is a trend continuation pattern and double … Read more
Double top and double bottom are both trend reversal patterns. The double top is English letter “M” shaped, and the double bottom is “W” shaped. Professional traders use these 2 … Read more
Newbies and many intermediate-level traders think that stochastic rsi and rsi are similar or both are the same indicators, but the reality is totally different. RSI is a derivative of … Read more
Divergence trading is compelling in forex. There are many indicators like MACD, stochastic, and so on. But Rsi divergence is simple to understand and take the trades correctly. What is … Read more
What is macd indicator MACD is the short form of moving average convergence divergence. Traders use the MACD indicator to detect a new trend. Whether it is bullish or bearish, … Read more
The double bottom pattern is a chart pattern. It indicates the change in the trend direction. So we can call it a trend reversal pattern or formation. Interestingly, the Double … Read more
There are many trading strategies, but the higher high lower low method is the most effective one. You can trade using this strategy in any type of financial market like … Read more
Forex swing trading signals are the most effective signals. No matter what type of trader you are, scalper, position trader, or day trader, you must acknowledge that swing trading is the most … Read more
What is awesome oscillator indicator Awesome Oscillator Indicator is a multi-tasking indicator that can determine the current trend, find the optimal entry points to the market, divergence and convergence. The … Read more
A huge number of trading systems are built on the signals of the Moving Average indicator. Somewhere one moving average is used, somewhere two, and in some strategies, three or … Read more
There are two types of moving averages. Simple moving average and Exponential moving average. The ema, also known as the Exponential moving average, is one of the popular indicators technical … Read more
The Elliott wave theory is a technical analysis trading method based on price moves. Its purpose is to improve market analysis and trade timing; these two elements are vital for … Read more