Jun 18,2020

STOCHASTIC OSCILLATOR (Stochastic) (A)  Introduction ▸A momentum indicator used to identify when an instrument is currently overbought or oversold       ▸It is easy & simple to understand with a high degree of accuracy in signaling when to enter the market. ▸It is used to measure the degree of change between an instrument’s......

Jun 17,2020

RELATIVE STRENGTH INDEX (RSI) (A)  Introduction            ▸A momentum indicator used to measure the extent of price changes of an instrument. ▸It is mainly used to identify when an instrument is currently overbought or oversold following an existing trend. ▸Also used to identify potential trend reversal ▸Displayed as an oscillator (line graph),......

Jun 15,2020

BOLLINGER BANDS (BB) (A) Introduction ▸A technical indicator used to measure the volatility of the market and/or instrument. ▸It is also used to identify when an instrument is currently overbought or oversold. ▸Composed from three bands (lines):  1) Middle band : A simple moving average (SMA) by default of 20......

Feb 06,2020

Trendlines can be used to identify and confirm trends. A trendline connects at least 2 price points on a chart and is usually extended forward to identify sloped areas of support and resistance. Lines with a positive slope that support price action show that net-demand is increasing. If the price......

Jan 06,2020

What are Bullish and Bearish Flags? Bullish flags formations occur when the slope of the channel connecting lower highs and lower lows of consolidating prices following a significant move up is parallel and declining. The trend before the flag must be up. Bearish flags formations occur when the slope of......

Jan 03,2020

What is a Morning Star? A bullish three period candlestick formation that consists of: ➟A long red candle followed by: ➟➟a small red or green candle (or doji) that gaps below the close of the previous candle followed by; ➟➟➟a long green candle (stronger signal if gaps up) This is......