Technical Indicators
Technical indicators Technical indicators are mathematical calculations based on the price, volume or open interest of a trading instrument. These indicators are used alone or combined with other technical tools to identify more reliable entry points for a trade. Supertrend Supertrend is one of the most favorite trend indicators because of its simplicity. It is […]
Oscillators
Oscillators Oscillators are trend recognizing analytical tool that constructs high and low bands between two extreme values. It builds a trend indicator that fluctuates within these bounds. Traders use trend indicators to discover markets short-term overbought or oversold conditions. It can be interpreted as overbought when the value of the oscillator approaches the upper extreme values […]
Trend Identification
TREND IDENTIFICATION “Trend is your friend, never trade against the trend!”. The old saying which every trader (day or intraday) should know and follow. This of course doesn´t mean that there is no way to make money to do the opposite, but it is much easier follow the mood on the market. It is also […]
Candlestick Patterns
Candlestick Patterns Successful trading starts with ability to read candlestick patterns which consist of bullish and bearish candles. Each candle on the chart tells its own story and represents battle between buyers and sellers in particular timeframe. Candlesticks build patterns that may predict price direction once completed. Every candle, doesn´t matter if it is bullish or […]
