We have different momentum indicators: MACD, RSI, Stochastics Role of thumb: A new high in momentum ▶ expect a high in price A new low in momentum ▶ expect a low in price Diversion: new higher high in price but lower high in indicator ▶ expect a strong retrace in price Momentum Indicator
The Lowest Low-Value indicator plots the lowest low price over a specific period. Previously on my another video called “Highest High Value Indicator (HHV)” I explained how we can combine HHV with MA. (Link is provided below) On this video, I am explaining how to use both LLV and HHV indicators combined with ATR to […]
Highest high value is the highest value of the market during the selected period. Highest High Value = Maximum (High) of n−periods Strategy: Combine it with a simple moving average for trading signals. In an uptrend: Buy when HHV goes above MA In a downtrend: Sell when the HHV crosses the MA from […]
$GBPCAD Nicely fits in a channel.Sell at 1.7560TP: 1.7250 & 1,7100SL: 1.7650
To make it simple, leverage is using the borrowed money when investing. The higher the leverage the higher the risk level. if you have a good money management strategy you will earn extra money using leverage. On most brokers, you can only trade by choosing fixed leverage. It means if you set your account […]
You probably know about the trends and how we have lower lows and lower highs in a downtrend. Also, you know the situation in an uptrend. if not you can find some information about the trend here. This not only applies to the stocks, currencies or commodities but it also applies to the people’s performance. When you […]
Looking at the graphs and the trend of price movements in the past gives you a very good overview to predict the price move in future.Although it looks pretty trivial, it does help you get profitably. Once you understand the price trends, you can identify the best time to buy the currency pair.It is best […]
The bat pattern is a 5-point correction structure developed by Scott Carney in 2001. This template has specific Fibonacci measurements for each point in its structure. It’s important to note that D is not a point, but an area in which the price trend is likely to be reversed (PRZ). PRZ containing 3 coordinate levels of […]
Forex trading is very exciting. The market is on the move, and the smallest movement in the currency can mean a lot of profits and losses! Let me explain this further. 8 of most traded currencies in the Forex market are as follow: United States Dollar […]
The SSI index compares the number of accounts in buy trades vs sell trades for each major currency. It releases twice daily. Each account is counted once, regardless of trade size. The SSI index gives us a single number, positive or negative as the price sentiment. A positive value means there are more buyers than […]
