Tag: technical indicators
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]
The Gartley Pattern – Steps to Identify it with example entry rules
There are many forms of trading in the stock market amongst which Harmonic patterns have altogether a different approach to trading. Gartley pattern was developed by H.M. Gartley which was [more]
How to Filter Market Phases through MACD indicator
“There is only one side of the market and it is not the bull side or the bear side, but the right side.” –Jesse Livermore The Moving Average Convergence Divergence (MACD) [more]
What could be the leading indicator in technical analysis?
Technical Indicators are usually of two types: leading and lagging indicator. These indicators are not limited to technical analysis and there are varieties of indicators as well such as inflation, [more]