Monthly Archives: October 2022
Intermediate 8: How to use oscillator indicators

Written on October 26, 2022 at 2:05 am, by luna
Traders often seek indicators to help them determine when they should enter the market. A crucial piece of information for traders is an estimate of how far the market is likely to move before it reaches an area of congestion. The problem is that many traders spend their time waiting for the market to giveContinue Reading
Intermediate 7: How to set a correct stop loss and avoid stop hunting

Written on October 25, 2022 at 10:54 pm, by luna
In a field where many praise continuous movement, many forget that pushing back is also a strategy. As a trader, your capital is your most valued asset and once it’s gone, it’s never coming back. Thankfully, there are ways to cut your losses and protect your profits. With the right strategy, a Stop Loss canContinue Reading
Intermediate 6: 15 most popular candlestick patterns you should know

Written on October 19, 2022 at 4:37 am, by luna
Candlestick charts existed in Japan for a century before the West even created what we now know as the bar and point-and-figure charts. Steve Nison eventually introduced the candlestick pattern to the West through his book, “Japanese Candlestick Charting Techniques,” and it is still being used widely by traders around the world as one ofContinue Reading
Intermediate 5: Understanding Japanese candlesticks

Written on October 19, 2022 at 4:35 am, by luna
What are Japanese Candlesticks? Candlestick charts are a popular tool used in technical analysis. They are often used to determine possible price movements based on past patterns, during both bull and bear markets. The concept originated in 1700 when a Japanese man named Honma Munehisa discovered that while supply and demand mainly determined the costContinue Reading
Intermediate 4: A guide to using moving average in predicting market turning points

Written on October 6, 2022 at 1:21 am, by luna
Being a trader is not an easy job because you need to learn all the strategies necessary to help you make the right decisions on every trading day. One of these is knowing how to predict market turning points. Although the market can shift quickly, predictions will give you a better chance of getting goodContinue Reading