Sometimes a chart or a candlestick pattern may provide a decent entry signal if it is located at a certain level. A pin bar is one of the most reliable and famous candlestick patterns, and when traders see it on the chart, they expect the price to change its direction soon.
Tag - trading strategy
Among hundreds of different indicators and technical tools for traders, the relative strength index (RSI) is one of the most popular due to its simplicity and, at the same time, its power in various trading cases. In this article, we want to tell you about another powerful tool similar to RSI but with some cool tweaks.
There are a lot of valuable strategies that require the knowledge of candlestick patterns and oscillators. However, not of them are profitable. When you start trading with them, you can face situations when the strategy is not moving your way.
Most traders prefer to trade using technical indicators like RSI and MACD. Others love using a bare chart to make their decisions.
Every trader is different. Still, it's possible to unite them into categories. In particular, it's possible to distinguish between system traders and discretionary traders.
Trading requires managing several important things.
NFP is one of the most awaited American indicators. However, it seems to be overshadowed by recent events including rising inflation and the commodity crisis.
Wars start and end, centuries change and the metals stay the best safe-haven assets to invest in. Why are they so recognizable among investors?
This article describes the strategy known as ‘Method Jarroo’. It is based on the concept of price action but with some unique features. Are you interested? Then, let’s explore this strategy!
Finding a reliable broker is a number one task for any stock trader. FBS experts provide the customers with educational content, analytics, and a platform to successfully trade stocks online.
Learn how to backtest your trading system effectively
Some traders try to prove technical analysis to be wrong and unprofitable. But we want to show you the Ross Hook, the pattern, that is proven to be profitable for 32 years already.