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Trendlines Channels
Trendlines“The trend is your friend” is a quote used often by traders and the theory behind it is simple; it’s perceived as easy to make money trading in the same direction as the trend. An uptrend line (successive higher highs and higher lows) is depicted as a line drawn along the bottom of easily identifiableContinue Reading
Written on December 28, 2020 at 7:56 am
Categories: Analysis
Indicators
There are essentially two groups into which technical indicators fall – leading and lagging indicators. Leading indicators will change in advance of expected economic trends; they are often used to predict future movements but not always necessarily accurate. Lagging indicators are used to summarise past movements as opposed to predicting future; it changes after theContinue Reading
Written on December 28, 2020 at 7:53 am
Categories: Analysis
Lagging Indicators
Moving AveragesA moving average is a type of technical indicator that traders use in order to calculate the average price of a security over a given time. There are two different types of moving averages; simple moving average [SMA] and an exponential moving average [EMA] Simple Moving Averages (SMAs)A simple moving average is calculated byContinue Reading
Written on December 28, 2020 at 7:51 am
Categories: Analysis
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