Predicting market movements with chart patterns is one of the most effective tools for making trade decisions. Chart patterns are pure price-action and the basis of underlying buying and selling pressure. They are formed by support and resistance levels, as well as by more complex versions of trend lines. Patterns have a proven track record, […]
Top-down investing is a forecasting approach that evaluates the broader macro picture before drilling down to look at the finer details. A macro forecasting approach is one where you might first look at global economic growth and factors that analyze global trends before looking at the investment thesis for an individual asset. A top-down approach […]
The bump and run reversal pattern is an advanced chart pattern that helps traders spot the end of a trend and the start of a new one. Below we will go over what the pattern looks like and tips on how you can trade it. What is the bump and run reversal pattern? The […]
The Post-COVID rally has been tremendous after bottoming out in March 2020. However, is it here to stay or is this just a setup for another sell off? Post-COVID Rally On the first of the year, if I told you how the first six months of 2020 were to unfold, I think you’d be […]
The Morning Star might have unpleasant Biblical connotations, but it’s an important bullish pattern for day traders to look for. The Morning Star is a signal that a downtrend could be nearing its end and a reversal to the upside could be on the horizon. On the other hand, the Evening Star is the Anti-bull, […]
Now is one of the best times to learn how to start trading stocks. The market it volatile creating a lot of opportunity for savvy traders knowing what to look for. In this article, we will breakdown the basics, ranging from how to choose a broker, the risks involved, the money you need to get […]
Interest rates play an important role in how markets and economies function, but how do they impact the markets? Intro On March 15th, the Federal Reserve brought its benchmark interest rate down to 0% – 0.25% to combat the economic distress caused by the coronavirus pandemic. source: tradingeconomics.com This headline was quickly replaced when […]
One of the key components of achieving consistent success as a day trader is having a well-designed trading edge that specifies how and what you will trade. Whether you are new to trader or have been trading for a while, having a trading edge is important as it helps keep you on track to attain steady […]
Current fiscal policies are setting the stage for a steady rise in inflation so we put together a list of assets that have proven useful as an inflation hedge. What is Inflation? Put straightforwardly: inflation is when the purchasing power of a currency goes down, usually because more currency is added to the supply […]
As a trader, one of your goals is to capture the change in the price of a stock. To do this, you want to collect as much information about the shares, including how much of it is traded. The volume of shares traded provides another dimension, that can help you measure the importance of […]
