Forex traders of all stripes will tell you that they prefer this indicator or that one. They will make their pitch as to why their specific preferred indicator is the one that you should pay the most...
Fibonacci Retracements are NOT Flawless — They Break Did you truly believe that there was any single variable in the world of trading that would provide you with everything that you needed to invest perfectly every time?...
How do you detect fakeouts in trading? Wouldn’t you like to have some way of knowing that what you are viewing in the market could reasonably be defned as a fakeout? That is to say, a breakout...
How to Trade Support and Resistance Support and resistance lines are some of the most important price points for traders to look at when they are trying to figure out the market and how to trade it....
Trend Channels in Forex We can create trend channels in forex by drawing two lines at a similar angle and parallel as a downtrend or uptrend. Trend channels are another technical analysis tool that can fnd good...
What are Trend Lines in Trading? Trend lines are probably the most familiar and most used basic charting technique for technical analysis in trading. They are fundamental to technical analysis and about as accurate as any other...
What are Support and Resistance in Trading? Support and resistance are one of the most common concepts in trading. As you look at the diagram below you can see a back-and-forth, zigzag pattern which is trending...
Moving averages are uniquely powerful in all that they can do. They provide certain information to traders that other indicators and other pieces of news simply do not. That being said, they are not without their flaws....
Exponential Moving Average (EMA) Explained Sometimes the simple moving average that people use when trading is a little too simple. This is to say that while it does calculate the average over a period of time between two...
Forex Trading: Seeking the Path of Least Resistance I went hiking in the Rocky Mountains a few years ago and on one hike I came across a place that reminded me of one of my...