MOVING AVERAGES A moving average is a technique to get an overall idea of the trends in a data set; it is an average of any subset of numbers. The moving average is extremely useful for forecasting long-term trends in sales, prices, yields, population etc. You
Horizontal Fibonacci retracement lines represent price support and resistance levels. Fibonacci works well in trending markets. When the market is heading up, go long (or purchase) on a Fibonacci retracement. When the market is going DOWN, short (or sell) at a Fibonacci resistance level. Fibonacci retracement
These 5 steps are an overview of the Wyckoff method along with his three laws of price action 1. The law of supply and demand determines the price direction. This is his central principle and method of trading. When demand for a stock is greater than
Technical indicators are mathematical calculations – or can even be something as simple as a trendline – that allow traders to identify when an asset is experiencing overbought or oversold conditions. It uses historic price, volume, and open interest information to forecast what direction the financial