What are Pivot Point levels? The pivot point levels are price levels on the trading chart calculated based on the previous trading sessions' high, low, and closing rates. They help decide...
Category: Technical analysis
Trading is all about predicting the future course of the prices. If you are right about the price movements, you will become a successful trader without a doubt. Candlesticks are patterns that can...
Trading markets cannot exist without volatility. The word ‘volatile’ has garnered a negative reputation when it could help traders and investors in many ways. The risk of making a loss in a...
What is Key Reversal? A key reversal or reversal day and a one-day reversal is simple pattern recognition tool that helps traders identify possible trend reversals. Traders can use this information...
Candlestick chart patterns developed in Japan and found their way to the Western trading market. These are indicators that are used by traders for technical analysis. Their formation allows traders...
Developed by Welles Wilder, the Direction Movement System is a technical indicator that is rather complex to understand. You can read more about it in the author’s book. Despite being a difficult...
