The Relative Strength Index (RSI) is a popular technical indicator used in trading to measure the strength of a security’s price action. The RSI is a momentum oscillator that measures the speed and change of price movements. It was developed by J. Welles Wilder Jr. and introduced in his book “New Concepts in Technical Trading…
Category: technical analysis
10 Powerful Candlestick Patterns to Trade Wisely
Introduction One of the most used trading tools is the candlestick pattern. These patterns’ strength is used by millions of financial experts to spot market momentum, trends, and reversals. Trading opportunities can be found and profited from more easily if traders are able to recognize and use these 10 most potent candlestick patterns. Utilize Candlestick…
The Best Trading Indicators: Top 11 To Use
What Are the Best Trading Indicators? Technical indicators offer valuable insight into the market and help you make trading decisions. But it’s essential to determine which ones work best for your individual trading style and approach. Indicators can be divided into five categories: trend, mean reversion, relative strength, momentum and volume. Tailor your indicators according…
What is an Exponential Moving Average?
What is an Exponential Moving Average? An exponential MA is a kind of moving Average (MA%) which places more importance and weight on recent information points. Essentially, it involves taking the arithmetic average of all previous periods and then adding the new point weighting amount for the current period. The exponential moving average has a…
What is a trend? Definition And Strategies
What is a trend? Trend is the general direction that a particular factor is moving over a given period of time. For instance, if the profits of a business increase by ten percent annually for five years, this business has a trend toward increased profit in coming years. The current trend direction can be called…
What is a breakout? Definition & Strategies
A breakout is when particular prices pass through a point of resistance or support and remain through that area of resistance or support. Typically on the chart there is a breakout when price of an asset or pair breaks out of a lower range pattern or area. This can then indicate that the underlying asset…
Gold Technical Analysis 10/09/2022
Check out my technical analysis on gold. I will be analyzing the gold market for trading opportunities for the next week. Visit my website: https://forex-expert.net/ Disclaimer: The information contained in this video is in no way financial advice. They represent my personal analysis. Trade according to your strategies. Thank you i’m expecting this on the…
Price Action Trading-Learn More About It!
The primary goal of Price Action Trading is to profit from price changes by generating entry and exit signals. The benefits of this method are many, and they include the reliability of the signals. Unlike many other trading methods, it doesn’t require indicators to provide accurate signals. It is particularly useful for those who aren’t…
What is Forex Robot?
Many traders wonder what is Forex robot. They are interested in automated trading systems, Technical analysis, and self-updating algorithms. In this article, we will discuss these factors and what they mean for traders. These robots are an excellent way to profit from trading without a lot of effort. However, the robots are not as smart…