Posts (page 11)
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10 min readCandlestick patterns are a popular method used by traders to analyze and predict future price movements in the financial markets, particularly in stocks, forex, and commodities. They were first developed in Japan and gained widespread popularity in the West through the work of Steve Nison.Candlestick patterns are formed using the open, close, high, and low prices of an asset over a specific time period, typically represented on a chart.
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8 min readThe Triangular Moving Average (TMA) is a technical analysis tool used in trading. It is a variation of the simple moving average (SMA), but instead of giving equal weightage to all data points, TMA places more weight on the recent price action.The TMA is calculated by taking the average of the prices over a specified period, and then smoothing it by calculating the average of that moving average. This process is repeated to create a triangular shape on the chart.
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9 min readWhen it comes to scalping, understanding and effectively reading the Rate of Change (ROC) indicator can be very helpful. The ROC is a momentum indicator that measures the speed at which a price is changing and can be used to identify potential trading opportunities.To read the ROC for scalping, you need to:Interpret the ROC value: The ROC indicator typically provides a numerical value that represents the percentage change in price over a specified time period.
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11 min readThe Commodity Channel Index (CCI) is a technical analysis indicator that is commonly used in day trading to identify potential buy or sell signals and assess the strength and direction of a trend. It was developed by Donald Lambert in the late 1970s.The CCI is a versatile indicator that measures the current price level relative to its average over a specified period of time.
- 11 min readThe Commodity Channel Index (CCI) is a technical analysis indicator that is commonly used in day trading to identify potential buy or sell signals and assess the strength and direction of a trend. It was developed by Donald Lambert in the late 1970s.The CCI is a versatile indicator that measures the current price level relative to its average over a specified period of time.
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10 min readFibonacci retracements are a popular technical analysis tool used by traders to identify potential levels of support and resistance in financial markets. They are based on the mathematical sequence discovered by an Italian mathematician named Leonardo Fibonacci.To use Fibonacci retracements, you first need to identify a significant trend in the market. This could be an upward or downward trend. Once you have identified the trend, you identify the swing high and swing low points on the chart.
- 10 min readFibonacci retracements are a popular technical analysis tool used by traders to identify potential levels of support and resistance in financial markets. They are based on the mathematical sequence discovered by an Italian mathematician named Leonardo Fibonacci.To use Fibonacci retracements, you first need to identify a significant trend in the market. This could be an upward or downward trend. Once you have identified the trend, you identify the swing high and swing low points on the chart.
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9 min readThe Money Flow Index (MFI) is a technical indicator used to measure the strength and momentum of money flowing in and out of a security or market. It is a volume-weighted indicator that combines price and volume data to provide insights into market trends and potential reversals.MFI is calculated using the following steps:Typical Price: Calculate the typical price of a period by adding the high, low, and closing prices, and dividing the sum by three.
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7 min readThe Chaikin Oscillator is a technical analysis indicator that measures the momentum of the Accumulation Distribution Line. It derives its name from its creator, Marc Chaikin. The indicator is used to identify potential buying and selling opportunities in the financial markets.The Chaikin Oscillator is calculated by taking the difference between the 3-day and 10-day exponential moving averages (EMAs) of the Accumulation Distribution Line.
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11 min readThe Ease of Movement (EMV) is a technical indicator that was developed by Richard Arms to help traders identify potential trading opportunities within the financial markets. It combines both price and volume to assess the ease at which a particular security is being traded.When using EMV for day trading, there are a few key concepts to keep in mind. Firstly, EMV calculates the relationship between price change and volume, providing a measure of the market's internal strength.
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10 min readThe Percentage Price Oscillator (PPO) is a technical analysis tool that measures the difference between two moving averages as a percentage of the larger moving average. It is similar to the popular Moving Average Convergence Divergence (MACD) indicator but is presented as a percentage instead of an absolute value.The PPO is often used by scalpers, who aim to take advantage of short-term price movements in the market.
- 10 min readThe Percentage Price Oscillator (PPO) is a technical analysis tool that measures the difference between two moving averages as a percentage of the larger moving average. It is similar to the popular Moving Average Convergence Divergence (MACD) indicator but is presented as a percentage instead of an absolute value.The PPO is often used by scalpers, who aim to take advantage of short-term price movements in the market.