The screens of most traders, mainly beginners, are clamoring with numerous indicators, tools, and trading strategies available, each telling them that the next magic indicator would guarantee success in the market. This category of traders might spend hours and hours in research, trying to identify or develop some “magic indicator” that will make them seek … Read more
Gold is an asset that has been very exciting over the years but still remains one of the most unpredictable and difficult markets. If you are a trader to whom gold has proved to be too alluring but at times its volatility gets overwhelming, then you are not alone. Most traders dive into gold trading … Read more
This is an intimidating market for many traders. As opposed to other assets, such as gold, indices, or currencies, whose price movements are driven by their unique factors, the price movements of oil are conditioned by its own special factors, making this market very complex and hard to trade in. Literally, many traders struggle with … Read more
Most traders have faced problems applying the Fibonacci retracement tool, and hence they get frustrated with far too frequent stop-outs. This arises because most of them fail to understand how to apply the tool in determining the trends and reversals in the markets. By learning the right applications of Fibonacci retracements, one can understand the … Read more
Most traders always find it hard to spot a trend reversal in the market, which has made them buy at the top or sell at the bottom, causing them to experience huge losses. Fortunately, it is through the application of a strategic approach in which moving averages traders can indeed recognize potential trend reversals with … Read more
Many a time it is witnessed that several trades in the live market do not see the right anticipation of short covering or long unwinding and, therefore, miss an opportunity or get into unprofitable trades. All the more it becomes challenging, because Nifty and Bank Nifty are two dynamic markets where traditional indicators mislead, in … Read more
Among the greatest challenges facing traders is how to overcome the market volatility brought about by economic news events, a series of unforeseen economic data releases, which can result in price movements and amplitudes of a major order of extremes, hence proving quite a challenge for traders to stay the course and work out the … Read more
Many traders face challenges in day trading since they over-rely on indicators and have no proper knowledge of trading basics. This article will guide you through mastering naked trading with the help of support and resistance levels and trend lines in TradingView, to ensure you make decisions based on important information, not indicators. Trading days … Read more
Trying to understand when, or if, price action will finally reject off support and resistance levels is something that creates enormous problems for many traders and even often leads to uncertainty, thus causing bad entries and unnecessary losses in trades. In this article, we’ll use TradingView as we outline an astoundingly powerful strategy based on … Read more
Every day, a trader, in his or her early days, has losses. A large reason for this is not correctly spotting divergences because they are key signals of an imminent trend reversal or continuation. In this article, we will take into account what is divergence trading best strategies, one of the charting platforms that is … Read more