Analyzing price action is an integral component of technical analysis. Price action analysis can help traders select optimal trade candidates as well as assist in setting entry and exit points on the … [Read more...]
In today’s lesson, we will discuss a very simple but highly useful tool that can provide valuable information to the trader. The indicator I am referring to is called Average Daily Range (ADR), which … [Read more...]
There is a wide array of chart patterns within the study of technical analysis. Some of these are continuation patterns, and others reversal patterns. Each individual chart pattern has a certain … [Read more...]
As a trader, you should be familiar with some of the leading theories concerning market structure and cycles. Some of the more popular ones include the Elliott Wave Principle and the Dow Theory. … [Read more...]
In the world of macroeconomics, there are two major components that investors must understand: monetary policy and fiscal policy. Monetary policy is the act of controlling the amount of money in … [Read more...]
The RSI indicator is a technical trading tool that falls within the oscillator family. The RSI indicator is considered a leading indicator, which means that its signals typically come prior to a … [Read more...]
We have introduced many different trading strategies and concepts around trade entries and exits. Today we will discuss the one trading component, which is an integral part of every successful Forex … [Read more...]
In this article, we will be taking a look at the US Producer Price Index, also referred to as the PPI index. We will discuss how it is compiled, what it reflects and trading the PPI numbers. The … [Read more...]
Forex trading platforms serve as a connection between the trader and the currency world. Trading platforms allow traders to take advantage of trading opportunities as they arise on live charts thru … [Read more...]
Trading is a business and like any good business it requires trading discipline and positive habits to have the best chance at success. Most traders fail to think about how to incorporate the … [Read more...]