Price is the ultimate indicator. Regardless of what indicator you use, it won’t tell you more than the actual price movement itself, because all indicators are derived from price. I prefer to trade without binary options indicators, since the price itself is what I trade. With that said, indicators do present price information in a […]
When you begin trading using Technical Analysis (TA) and reading TA news and outlooks, inevitably you will hear about support and resistance (S&R). S&R are basics concepts of technical analysis, but are crucial elements within many traders strategies. Unfortunately, S&R is not often fully understood even by experienced traders. Below we look at what support […]
Some instruments move together, while others move in opposite directions and some share no relationship whatsoever. Such relationships can play a key role in determining which trades you make and why. While you may not be aware of it, when you get a trade signal in one instrument, signals are also likely triggering in other […]
A trend is underway and you’re looking for entry point. All of a sudden the trend pauses or pulls back, leaving you with the question: “Is this thing going to keep trending eventually, or is this a full reversal?” While there is no way to know for certain, being aware of continuation patterns can help. […]
Candlestick charts are a type of visual chart which many traders prefer over more traditional bar or OLHC (open, low, high, close) charts. While there is nothing magical about candlesticks themselves–they still represent the price movement of an asset–the way the price information is presented allows you to spot potential reversal and continuation patterns which […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Hi traders, This is my second article about the ways which I use to trade with the trend. In my previous article […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Hey everybody, If you read my previous articles you will notice that in the most of them I usually focus on […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Hi everybody, In this article i want to share with you an effective way to use RSI trendlines to trade with […]
Once a trend has run its course, it often displays certain price movements or patterns which signal a reverse is potentially underway. These chart patterns can be used to get you into the emerging trend early, or get you out of (or avoid) trades which could potentially start to lose you money. Chart patterns are […]
This article was originally contributed by the archived community member Kostasze. We no longer maintain contact details for the original author. The content has been fact-checked and updated for accuracy by our editorial team. Good Day Traders, Kostasze is here.In this article I will explain with screenshots two patterns that I use very often as […]