To make decisions, event traders rely more on fundamental research than technical charts. Political and economic turmoil, GDP, employment, and election outcomes will continue to benefit them. A trader interested in staying on top of global events...
For trading reasons, trending and pullback waves (also known as impulse and corrective waves) are studied. A trend might move faster if the trending waves outweigh the corrective waves in size. The duration of trending and reversal waves, or "swing...
Liquidity refers to the ability of an asset to be converted into cash and its liquidity. Its marketability at stable, transparent rates. Liquidity indicates that there will always be buyers and sellers of an asset with a strong supply. In the absence...
Retraces are brief price fluctuations that occur as part of a bigger trend. The crucial point is that these price variations are only transient and do not represent a shift in the wider trend.
Trend traders seek to profit by studying the direction of asset prices and then purchasing or selling based on the trend's direction.
If investors need to trade right away, they can start with $10. $500 might bring some more money or reward freedom. However, $5,000 may be the best alternative because it will allow them to earn a reasonable amount of money to compensate for the time...
An upward trend is reversed when a chart's downside trend begins to move in the opposite direction. Bullish reversal patterns suggest an upward trend in the future.
A Bearish Engulfing pattern is formed when a green (bullish) candlestick is overshadowed or devoured in size by a red (bearish) candlestick. For a pattern to classify as a Bearish Engulfing pattern, the beginning price of the bearish candlestick must...