August 4, 2019
The “Pennant” pattern is a technical analysis tool; when the pattern is complete, trend continuation is expected. The pattern itself represents a temporary pause (retracement) in the actively developing trend. The “Pennant” pattern consists of two parts:
August 1, 2019
The “Wedge” pattern is a technical analysis tool that predicts the approaching market tendency (trend) change. The “Wedge” is visually similar to the “Triangle” pattern and only different in the way that both of its forming lines are facing in the same d
July 30, 2019
The “Triangle” pattern is a simple technical analysis tool which is a series of falling tops and rising bottoms (4 points are required to draw the pattern). Simply put, it represents two lines crossing each other and thereby forming a triangle. Here’s an
July 1, 2019
More specifically, we will test the divergence on classical indicators such as MACD, RSI, and Stochastic. Probably, each of you has heard about the concept of divergence, read articles about how to find it, and also tried to make money through it. However
July 1, 2019
In this article, we’re going to test Bollinger Bands. Before getting started, we recommend you to read the previous studies of these indicators: Moving Average; RSI, CCI, and Williams %R. It should first be recalled what Bollinger Bands are: Bollinger B
June 23, 2019
We have already crash tested a Moving Average indicator and tried to find some profitable regularities when using it. We would like to remind those who can’t remember/didn’t read the following: success of the trade made using the Moving Average indicator
June 10, 2019
In this article, we’re going to test a classical Moving Average indicator. We believe that particularly everyone knows it and many also use it in their trading. However, have you ever wondered how effective it is and what the chance is that a trade will b
May 1, 2019
What is the domino effect? Put simply, this is a chain reaction where change of one element of this chain triggers similar changes of neighboring and subsequent elements in a linear sequence. Now let’s project this concept on the Forex market. It’s no sec
December 18, 2018
For a start, let’s look at the difference between a fixed and a floating spread in Forex on the image above. It’s hard to determine with just one look which kind of spread is better. It seems that the fixed spread size is constant while the floating sprea
December 14, 2018
The first time the traders notice the existence of pending orders in the terminal, they often wonder what is the difference between them… Limit Order vs Stop Order, what is their purpose and how to distinguish them? In this article we will explain w