Breakout trading is the cornerstone of most technical indicators. It’s usually the simplest way to gauge the magnitude of a trend. And regardless of your trading strategy, you’re bound to experience some false breakouts, which will kill your strategy. So, how do you avoid false breakouts? And more importantly, how do you take advantage of Read More…
Have you heard about the Bond line trading strategy? It is a simple trading strategy that measures the daily ranges. Fun fact: It was developed in 2021 by one of the traders, named Bond. For those who were thinking the strategy was related to James Bond. Unfortunately, it’s not. It’s about finding the highest and Read More…
Moving average convergence divergence (MACD) is one of the most versatile technical indicators – it’s both a trend and momentum indicator. The MACD indicator can best be described as a 2-in-1 indicator; it shows the start of a bullish or bearish trend using the MACD crossover and the strength or weakness of a trend with Read More…
Any price action has a series of steady bullish and bearish trends punctuated by momentary price consolidation. When timed accurately, breakout trading strategies can be invaluable for catching trends while they’re just beginning. And this is what the rising and falling wedge chart pattern trading is geared towards. What are Wedge Chart Patterns? A wedge Read More…
Technical indicators have always been faulted for lagging, making price action analysis invaluable to any trader. With hundreds of chart patterns to choose from, it may not be easy to decide which one is more reliable and suited to your trading style. However, it’s a general consensus that the ideal ones should generally be easy Read More…
The Dark Cloud Cover is a candlestick pattern identifying bearish market reversals. The pattern is easy to spot and analyze, and you can use it as a signal to enter short positions or exit long positions. This guide will talk about what Dark Cloud Cover is and the Dark Cloud Cover scalping strategy. Scroll down Read More…
