How to Trade Market Tops & Market Bottoms
In the realm of analyzing markets, it's often said that "Market peaks evolve gradually, while market bottoms are sudden occurrences." This commonly used phrase suggests that the process leading to
How to Use the Stochastic Indicator
The Stochastic Oscillator, created by George C. Lane in the late 1950s, is a tool revealing the pace and force of price shifts. Instead of tracking price or volume, it
How to Use the Average Directional Index (ADX) Indicator
The financial world is filled with indicators and tools designed to assist traders in making informed decisions. Among these tools is the Average Directional Index (ADX), along with its companions,
How to Use the Relative Strength Index (RSI) when Trading
The Relative Strength Index (RSI) is a tool used to gauge the momentum of price movements. It operates on a scale from zero to 100, indicating the speed and extent
The Elliott Wave Principle: A Guide to Understanding How Markets Work
Elliott Wave Principle is the famous rule of thumb developed by Ralph Nelson Elliott in the 1930s when he discovered that stock market prices tend to reverse in recognizable patterns.
Why You Need to Know About Japanese Candlestick Patterns in Trading
Stock trading is fun, captivating, and worth the money when you do it right. Therefore, you need to understand the intricacies of the technicality in trading. It translates to knowing
17 Stock Chart Patterns All Traders Should Know
Technical analysis is one of the best tools traders can use to spot shifts within the market, allowing them to predict support and resistance levels within a predictable timeframe. There are
How the Triple Bottom Reversal Pattern Works
The triple bottom reversal pattern has three roughly equal lows and indicates an opportunity to take a bullish position. Before the triple bottom occurs, the bears are usually in control
How the Triple Top Reversal Pattern Works
The triple top is a reversal chart pattern featuring three peaks at the same level, making it different from the head and shoulders, which has a more towering middle peak