Tag: Technical analysis

The Aroon indicator, created by technical analysis guru and author Tushar Chande, is an indicator that can be used to determine the likely direction...

Double tops and double bottoms are classic reversal patterns, and they are especially common in charts with shorter time frames. However, you need to...

It's often written in the small print of anything forex-related that “Past performance is no guarantee of future results." But while this is no doubt...

Pre-Market Routine Speak to any professional trader worth their salt, and they'll all tell you the same thing - the pre-market routine is all-important. Top...

When it comes to spotting trends, two of the most useful indicators are moving averages and MACD. On one hand, these are good ones...

What is a ranging market? A ranging market is the opposite of a trending market, in that the price is bouncing between a high price...

Moving Averages in a Trending Market The ADX can be a useful tool for determining the strength of trends, but it's more reliable if you...

What is a trending market? When a price is mostly moving in one direction - up or down - over a given period of time,...

Wishful thinking can be a great thing in the right context. However, for a forex trader, it's suicide. Yet, many traders indulge in this,...

In the previous lesson, we talked about the importance of using stop losses, and explained the simplest method for selecting a stop loss level,...

It's a simple fact of life that the forex market is inherently unpredictable. No matter how much you research your trades, it's inevitable that,...

Using Moving Averages as Dynamic Support and Resistance One use for moving averages is as dynamic support and resistance levels. We cal them dynamic because,...

In the first part of this series, we looked at the two main types of moving average - namely simple moving average (SMA) and...

A moving average is a method for smoothing out price action over time, thereby eliminating some of the 'noise' to get a clearer picture...

In the previous installment of this series, we looked at using Fibonacci extensions to set take profit orders. In the final part of our...

In the previous installment of our Guide to Forex Trading with Fibonacci ratios, we looked at how to combine the Fibonacci tool with trendlines...

In the last part of our series on Forex Trading with Fibonacci Ratios, we looked at how to compare support and resistance levels with...

Choosing Swing High and Swing Low points One of the biggest problems that people encounter when using the Fibonacci tool is deciding which Swing Low...