Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
Creating a Forex trading strategy does not have to be a difficult. Today we will review the basics of spotting and trading price channels. Article Summary: Creating a Forex trading strategy does not ...
Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
Creating a Forex trading strategy does not have to be a difficult process. Today we will review the basics of trading price channels. Article Summary: Creating a Forex trading strategy does not have ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Ford is trading in a falling channel pattern on the daily chart and has set up a bull flag pattern on the weekly time frame. If the stock breaks up from the patterns, Ford will regain the 200-day SMA, ...
For day traders, a brokerage account isn’t enough to trade effectively. In-depth technical analysis demands specific pattern trading software. While many brokerages offer tools to make pattern ...