The shooting star price action pattern is a bearish signal that signifies a higher probability of the market moving lower than higher and is used primarily in down trending markets. In essence, it is the opposite of the hammer pattern...
Analytics & Forecasts
  • 74
22 April 2024, 16:37 #price action
Bollinger bands are a volatility indicator, used by traders to identify areas of support and resistance and areas in which an asset might be experiencing increased or decreased volatility. Bollinger bands are calculated from three lines drawn onto a price chart...
Analytics & Forecasts
  • 102
17 April 2024, 19:20
Did you know that price action trading strategies are one of the most commonly used methods in today's financial market...
Analytics & Forecasts
  • 113
15 April 2024, 11:46
1. The Theory - How to Use Indicator Developed by Marc Chaikin This an oscillator Indicator, it measure the Accumulation/distribution of money that is flowing into and out of a currency pair...
Analytics & Forecasts
  • 116
13 April 2024, 17:44
Chest of gold is a professional automatic advisor using neural networks, designed specifically for trading gold on the H1 time frame. This trading robot, developed in accordance with my original strategy, simultaneously analyzes data from 6 indicators on three time intervals: M5, M30 and H1...
Analytics & Forecasts
  • 115
9 April 2024, 16:22
A popular trading expression is "the trend is your friend." This expression has stood the test of time because trends are critically important to any trading plan . Forex trendlines can be seen in almost any charting analysis due to its usefulness and simplicity...
Analytics & Forecasts
  • 142
8 April 2024, 02:43
Think of a technical indicator that tells you when to buy a market that’s fallen too low, and sell one that has risen too high. Sounds like a dream, yes? Well, that’s how the humble oscillator has been sold to traders for years...
Analytics & Forecasts
  • 85
  • 2
2 April 2024, 20:43 #price action
A type of chart, developed by the Japanese, that is only concerned with price movement; time and volume are not included. It is thought to be named for the Japanese word for bricks, "renga...
Analytics & Forecasts
  • 106
31 March 2024, 12:22
Advantages of Using RSI in Forex The popularity of RSI as a forex indicator is a product of its distinct advantages as a research and evaluation tool. Top benefits of using RSI include: It utilizes a simple mathematical formula...
Analytics & Forecasts
  • 103
25 March 2024, 22:12
Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding...
Analytics & Forecasts
  • 120
23 March 2024, 10:22