When it comes to building a trading strategy, finding the right tool to match your trading and investing goals is an arduous but necessary process. Formulating a consistently performing strategy requires a lot of backtesting and refining. One of the building blocks of trading strategies is finding a technical analysis indicator that could match your … Read more
Having problems with analyzing market trends? Let me introduce a trading indicator that hails from one of the biggest trading places in the world, Japan. The Ichimoku Kinko Hyo indicator is a trend-following tool that allows traders and investors to identify price action. It is intended to provide buy and sell signals and identify trends, … Read more
Finding the right technical indicator for a strategy is always a tedious task. With options like moving averages, RSI (relative strength index), MACD (moving average convergence divergence), and others being easily available, it is difficult to choose which one would work for you. If you are starting your trading journey and don’t know where to … Read more
Fibonacci retracement is a method investors use in technical analysis to determine potential areas of support and resistance. These levels are derived from the Fibonacci sequence of numbers whose ratios provide price levels to which markets can potentially retrace a portion of their move before the price action continues in their original direction. These price … Read more
To begin with, simple doesn’t always mean bad. Fairly often, the best trading strategies are very simple. Most traders struggle not because they don’t have a working strategy but because emotions such as greed, desire to revenge-trade, and fear to follow their strategies get in the way. This article discusses the three best strategies that … Read more
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