Orbex stochastic tutorial_advanced

A Powerful Momentum Oscillator The stochastics indicator is a momentum oscillator which measures the strength of price moves, similar to the RSI indicator. However, the stochastics also has a structural reference which basically means the indicator is looking at the most recent close compared to the high and low over a certain period. So, the i...

2018-03-02 James Harte Read more
Trendline_trading strategy_1306

Day trading is a game of probabilities. A trade setup that has a higher probability is no doubt preferred. There are immense benefits to objectively analyze your technical setups. For one, your risks are limited and give you a very clear logical view of what is going to happen. If you are stopped out, you can accept the losses and move on with...

2018-05-31 John Benjamin Read more
Stochastics_Trading strategy

Making Decisions With Indicators Of the vast array of technical indicators available there a few classic indicators that form the bedrock of many profitable trading strategies and can be used successfully by retail traders to make informed trading decisions. The key when using technical indicators is to have a proper understanding of what each...

2018-07-03 James Harte Read more
Pattern

Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart patterns, there is quite some subjectivity involved which can be a put off for newcomers. While there are many different chart patterns, one of the most commonly occurring pattern is the wedge pattern. Class...

2016-08-17 John Benjamin Read more
Divergence 2

In the previous article, we looked at the concept of divergence and the original concept as outlined by Charles Dow in his Dow Theory. We learned that the concept of divergence can be applied to any market and can be used as a relative comparison between two securities, such as the Dow Jones Industrials and the Dow Jones Transportation indexes. ...

2016-08-04 John Benjamin Read more
Trading_Price action

Divergence-based trading strategies are quite common and often used in tandem with trend following strategies. Perhaps one of the most commonly used technical indicator that comes to mind when using the concept of divergence in forex is the MACD, also known as the moving average convergence divergence. There are many other indicators that can be...

2016-07-27 John Benjamin Read more