Trading Trading Chart Patterns Trading Series I Education Hub Chart patterns provide a visual representation of the battle between buyers and sellers so you see if a market is trending higher, lower, or moving sideways. A good understanding of chart patterns will help you in making buy and sell decisions effectively. Learning Tip There are tons of chart patterns. …
Trading Using Volume for Trading Trading Series I Education Hub When identifying potential price patterns on a chart, it is crucial to try and verify that the market psychology behind the price pattern is really happening at that point on the chart. One of the best ways to do that is to use volume to confirm things. Learning Tip Volume is one …
Trading Fibonacci Retracement Trading Series I Education Hub Fibonacci retracement levels are based on ratios used to identify potential reversal points on a price chart. These ratios are found in the Fibonacci sequence. The most popular Fibonacci retracements are 61.8% and 38.2%. Note that 38.2% is often rounded to 38%, and 61.8 is rounded to 62%. Learning Tip After an advance, chartists …
Trading Trading Gaps Trading Series I Education Hub Price charts often have blank spaces known as gaps. They represent times when no shares were traded within a particular price range. Gaps result from extraordinary buying or selling interest developing when the market is closed. When the market opens, the price is raised or lowered enough to satisfy all of the buying …
Trading Trading Trend Lines Trading Series I Education Hub The psychology of fear and greed of market participants ultimately determines the direction of prices in a market. Prices rise with greed (demand) and fall with fear (supply). A price trend is simply a sustained directional price move. It can be thought of as a tilted support/resistance zone. Learning Tip A …