Advanced Candlestick Patterns

Advanced Candlestick Patterns

Cryptocurrency investment

The price distance between the open and high is called the upper shadow. The price distance between the open and the low is called the lower shadow. A black marubozu candle has a long black body and is formed when the open equals the high and the close equals the low. A black marubozu indicates that sellers controlled the price from the open to close, and is considered very bearish. A white marubozu candle has a long white body and is formed when the open equals the low and the close equals the […]

Convenience Yield Commodity Trading Strategy

Convenience Yield Commodity Trading Strategy

Cryptocurrency investment

Popular amongst trading strategies for beginners, this strategy revolves around acting on news sources and identifying substantial trending moves with the support of high volume. There is always at least one stock that moves around 20-30% each day, so there’s ample opportunity. You simply hold onto your position until you see signs of reversal and then get out. In this case, each candlestick represent one day.So, the open, close, high, and low will be determined by the price activity that […]

How To Use The Accelerator Oscillator

How To Use The Accelerator Oscillator

Cryptocurrency investment

Notice that there’s a difference between the Awesome Indicator and the Accelerator Oscillator. Forex data can be compared to fuel and software that uses this data is like an engine.
You can see how the indicator appears, with defaults applied, in the image featured below of an hourly GBP/USD chart. The Accelerator Oscillator Forex chart appears as a separate histogram beneath the main chart. This indicator shows the count of the Top 40 coins reaching a TDI Sequential green 9 and red 9 . Y […]

“currencystrengthmeter_mtf” Precise Forex Indicator

“currencystrengthmeter_mtf” Precise Forex Indicator

Cryptocurrency investment

As you can tell the currency strength indicator is meaningless if you don’t know how to properly use it. Additionally, forex traders can wait until one currency shows an extreme strength reading and another currency shows extreme weakness reading and try to trade a reversal. Obviously, the basic idea behind the currency strength strategy is to buy strength and sell weakness. U.S. Government Required Disclaimer – Commodity Futures Trading Commission Futures and Options trading has large po […]

Best Days Of The Week To Trade Forex

Best Days Of The Week To Trade Forex

Cryptocurrency investment

Forex markets are open from about 9am Monday in Sydney until 5pm Friday in New York. The retail Forex market runs 24 hours daily during weekdays.The retail Forex market in the U.K. Overall, trend breakouts at the start of a new calendar month seem to have had a higher probability of failing than breakouts which happen at other times. Business leader, professional trader and trading mentor scratch the surface of describe Tyson Clayton, a Product Expert with Market Traders Institute. With over a […]

How To Use The Accumulation Distribution Indicator

How To Use The Accumulation Distribution Indicator

Cryptocurrency investment

Price gaps occur when buying or selling pressure becomes extreme or upon the release of some news or analyst report. Let’s look at a stock that moves down 18% in pre-trading on news that it failed to meet analysts’ expectations. When the stock opens, the price oscillates throughout the day and ends up down 15%. In this case, the stock price ends up in the upper part of its trading range, but will still be down significantly from its previous close. In this case, the formula for the […]