Among technical analysts, moving averages (MA) are one of the more commonly used indicators. In the right hands, these tools can be exceedingly powerful! The two most popular moving averages are the simple moving average (SMA) and the exponential moving average (EMA), and therefore, will be the central focus of today’s piece. So, what are … Continue reading Moving averages explained
Despite a perfectly reasonable trading opportunity in the offing, traders frequently find themselves analysing and questioning the setup’s validity, placing them in a position of uncertainty. Overthinking a situation or a decision can lead to a phenomenon called analysis paralysis, often resulting in no decision being made at all. Recognizing analysis paralysis in your trading … Continue reading Combatting the Dreaded Analysis Paralysis
An Italian mathematician who went by the name of Leonardo Pisano, or Leonardo of Pisa, was perhaps the most talented western mathematician of the middle ages. Better known by his nickname ‘Fibonacci’, he was the gentleman who discovered an interesting relationship between nature and numbers. 0, 1, 1, 2, 3, 5, 8, 13, 21, 34… … Continue reading Using Fibonacci levels in your trading
Although at times trading can seem like banging one’s head against a wall, there is light at the end of the tunnel. There are traders – some legendary and some unheard of – that extract money out of the markets on a consistent basis. So the question is what can we learn from these individuals? … Continue reading What can we learn from Successful Traders?
Did you know that the US employment report is one of – if not the – most eagerly awaited news releases on the economy? The investment community, as well as the Federal Reserve, are paying close attention to its figures due to household spending accounting for more than a whopping two-thirds of the economy’s total output. Why … Continue reading A look at the US employment situation report