Last week gold did not manage to break above its strong resistance at $1,290 - $1,300 per ounce. However, it looks like now gold prices are driven by fresh, long positions added by the traders in gold ...
One of the challenging aspects to active trading is the “information overload” that many traders face, by using overly complicated technical indicators. In this series of articles we’ll focus on how ...
In the dynamic world of forex trading, understanding chart patterns is crucial to making the right decisions. One widely used pattern in technical analysis is the consolidation pattern. Consolidation ...
Range trading is a simple concept favored by new and conservative traders. Rather than speculating on general market trends, range traders trade in an identified price range. They typically buy at the ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
A bull trend is formed when demand exceeds supply, and a bear trend occurs when sellers overpower the buyers. When the bulls and bears hold their ground without budging, it results in the formation of ...
Markets can be volatile at times. But even amid volatility, there are opportunities for pattern trading – including butterfly pattern trading. This charting pattern is the product of volatility and ...
Natural gas rose to the predicted level of the prior article. The total volume of stored natural gas as of November 2 stood at 3.208 trillion cubic feet . The short term technical picture of natural ...