Tag: technical analysis
Trading based on Support and Resistance levels
Support is an area where the prices of any types of assets tend to stop falling. Resistance is an area where the prices of any types of assets tend to stop rising. But knowing just these definitions will not help you in your trading. Traders need more information than these definitions for making trading decisions based on support and resistance. [more]
Trading with Ichimoku Cloud indicator
The Ichimoku cloud looks complex when we first apply it to our technical charts as it has too many components. But when you understand its component…[more]
Difference between Candlestick Pattern and Chart Pattern
Identifying patterns one of the biggest tasks for any trader in the stock market. This is where candlestick charts or chart patterns can be extremely useful….[more]
Technical Analysis and Importance of Volume in Trading
One of the most overlooked technical parameters of trading is Volume especially by beginners, but as this is the most worthwhile [more]
How to successfully trade Cup and Handle pattern?
–3 mins read– Trading a security based on chart patterns is quite a common phenomenon in market. This is usually formed when the price of a security moves in a [more]