Harmonic patterns can help traders find unique opportunities, like price movements and key turning or trend reversal points. Harmonic is a precise trading strategy, but mastery of these patterns takes time, effort, and study. Table of Contents 1. What are harmonic patterns? Harmonic patterns are geometric price patterns that utilize Fibonacci numbers to predict future…
The goal of forex day trading, a short-term strategy, is to buy and sell currency pairs during the same trading day. Instead of keeping overnight positions, traders usually execute a number of forex trades every day and close them out at the close of trading. Day traders often seek for extremely liquid and volatile currency…
It seems so easy to trade. Since prices can only go up or down, traders just have to pick the right direction and wait for the money to come in, right? Well, that is not always the case. Let’s explore every nook and cranny of the common mistakes traders do with Indicator Vault! 1. Is…
Technical analysts rely on candlestick charts and candlestick patterns to help them time their trades and see how investors’ emotions affect the price of a security. Based on a method established in Japan in the 1700s for monitoring rice prices, candlestick charting is a popular method of displaying market data. Table of Contents 1. What is a…
A pairs trading strategy is one of the most popular strategies when it comes to finding trading opportunities between the two stocks that are co-integrated. How do the stocks co-integrate? How to take advantage of their co-integration with a pairs trading strategy? This blog discusses it all, check out this useful guide NOW! Table of…
Divergence is a common concept in trading market. Moreover, it is also very meaningful for investors who follow the school of technical analysis. As a result, it would be very interesting if you could use divergence trading to obtain high-probability trades. But first, let’s explore every nook and cranny of this concept! Table of Contents…
As a trader, I’m sure that you’ve undoubtedly heard the saying “trade with the trend”. Many, even experts, claim that the trend is your ally when trend trading. To this point, it might sound easy to win, ‘cause all you should do is being friend with the trend and trade with it. Till the market’s…
As a newbie, trading forex might be intimidating, and you may be seeking a good plan to get started. No pressure there! We’re here to help. Check out this useful guide about top 3 super easy and profitable forex trading methods to jumpstart your profitable trading career! Table of Contents 1. What is a Forex…
Many people will feel like they have missed the chance when an asset is increasing swiftly. This is why traders and investors alike will jump at the chance when the asset’s price slightly declines but still appears to indicate a sustained rising trend. Such a situation is called a pullback when the market trend is…
Did you know that one of the most common investments today is stock trading? Knowing how to examine stocks beforehand can help you choose stocks with more confidence as a beginner trader and maximize your earnings. Technical analysis is one sort of stock analysis that you can utilize. This type of study uses technical tools…
