What are Momentum Indicators For? Momentum indicators can measure the speed and strength of price movements over a specific time frame and determine Overbought and Oversold conditions. Their...
Archives: Blog
Regarding Forex trading, horizontal support and resistance can help predict reversals. These levels act like "walls" that prices have difficulty moving beyond. Recognizing these walls...
Have you ever wondered why Momentum usually moves with price until it doesn’t? And when it doesn’t, what does that mean? What's "Momentum divergence?" In this article, I’ll share this...
The Golden Cross is a simple technical analysis application made famous by the financial media. It involves two moving averages - one 50-period short-term and one 200-period long-term - crossing...
Trade the Shooting Star and Inverted Hammer – 3 Winning Tips
The Shooting Star and Inverted Hammer are two patterns that are vital for you to understand because they can provide insight into the market's next move. In this article, I will delve into what each...
How to Trade Hammer & Hanging Man Patterns – 3 Tips You Need
Hammer and Hanging Man Patterns are two of the most basic single candlestick patterns you want to know. These two candlestick patterns are prevalent and can help you execute profitable trades. But...