Last week gold did not manage to break above its strong resistance at $1,290 - $1,300 per ounce. However, it looks like now gold prices are driven by fresh, long positions added by the traders in gold ...
One of the challenging aspects to active trading is the “information overload” that many traders face, by using overly complicated technical indicators. In this series of articles we’ll focus on how ...
In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...
Range trading is a simple concept favored by new and conservative traders. Rather than speculating on general market trends, range traders trade in an identified price range. They typically buy at the ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...
New to day trading? Master the basics with 10 proven tips—choosing the right platform, managing risk, controlling emotions, ...