The development of computer technology and the Internet is perhaps the most important progress that shape and characterize the 21st century. The proliferation of computer-based and algorithmic trading breed a new category of traders who trade purely...
USDCHF has sold off recently but it could find strong support at a long-term range bottom around the .9500-.9550 levels. A bounce off this area could lead to a move back to the resistance at 1.0400 or...
NZDJPY could be in for a long-term climb as it broke past the neckline of its double bottom pattern on the daily time frame. Price was unable to break below the 75.00-75.50 area in its last two...
Trading price channels are a valuable tool for traders to identify and capitalize on price movements within a specific range. Price channels are formed when an asset’s price moves between two parallel trend lines, creating opportunities for...
When it comes to trading, one common piece of advice from instructors is to trade in the direction of the trend on the daily chart. This means buying when the trend is up and selling when the...
Embarking on a journey as a trader is an exciting endeavor, but it requires a shift in mindset and a commitment to continuous improvement. Many aspiring traders often wonder about the key differences between a new trader...
Technical indicators play a crucial role in analyzing financial markets, and one of the most popular and widely used indicators is the Moving Average (MA). Its simplicity and effectiveness make it a favorite among traders. In this...
Stop losses are an essential risk management tool used by traders and investors in financial markets. They serve as a safety net, enabling individuals to protect their capital and limit potential losses. In this article, we will...
The foreign exchange market, commonly known as Forex, is the largest financial market in the world, with an average daily turnover of trillions of dollars. It provides a platform for individuals, businesses, and financial institutions to trade...
Swing trading occupies a unique position in the world of trading, blending elements of trend following and day trading. It involves holding stocks for a short period and capitalizing on intra-week or intra-month oscillations. Successful swing traders...
