“Head and Shoulders” Technical Analysis Pattern
“Head and shoulders” pattern is probably the most famous of those occurring in the market and the one from which people start getting to know technical analysis and the market as such.
Forex Basics
Forex Basics
“Flag” Pattern in Forex
The “Flag” pattern is a technical analysis tool in the Forex trading that predicts continuation of the current market tendency (trend) and consists of two parts: the “flagpole” and the “Flag” (the channel within which the price moves).
Classical “Pennant” Pattern in Forex
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.
Trading With a “Wedge” Pattern Using a Classical Strategy
The “Wedge” pattern is a technical analysis tool in the Forex that predicts the approaching market tendency (trend) change.
“Triangle” Pattern: Forex Trading Strategy
The “Triangle” pattern is a simple technical analysis tool in Forex which is a series of falling tops and rising bottoms (4 points are required to draw the pattern).
Divergence: to be or not to be
More specifically, we will test the divergence on classical indicators such as MACD, RSI, and Stochastic.
Bollinger Bands in Forex - Performance Study
Today, we'll test Bollinger Bands. They are a set of three moving averages, all of which have the same calculation period. But the standard deviation (price range) is added to or subtracted from the upper and lower ones.
RSI vs CCI vs Williams %R - Indicators Performance Study
Today, we’re going to test 3 indicators: Relative Strength Index (RSI), Commodity Channel Index (CCI), and, at our reader's request, Williams %R indicator. What do they have in common, and why have we decided to test them together?
Moving Average Indicator Crash Test
In this article, we’re going to test a classical Moving Average indicator.
The Domino Effect in the Forex Market
What is the domino effect? Simply put, this is a chain reaction where a change of one element triggers similar changes of neighboring and subsequent elements in a linear sequence. Now let’s project this concept on the Forex market.
