Trend-following traders attempt to trade in the direction of the trend knowing that the general flow of the market would dictate where the price would usually move. Momentum traders also... Read more

The OBV indicator, created by legendary technical analyst Joseph Granville, is a volume-based momentum indicator. In simpler terms, it tracks the cumulative volume associated with price movements, providing valuable insights... Read more

Often, trend following and trend continuation strategies tend to lean more towards high-accuracy trades based on trend direction rather than high-yielding profitable trades, which are common for trend reversals. Still,... Read more

Imagine a tool that whispers secrets about potential overbought and oversold zones in the market. That’s precisely what the Full Stochastic indicator does. It belongs to the family of stochastic... Read more

One way to trade long-term trends is to use indicators that could help us identify long-term trends. Traders can use a couple of long-term trend indicators which can be complementary... Read more

One of the best ways to trade high-probability trade setups is by looking for confluences. Confluences are points on the price chart wherein two or more indications signify that the... Read more

Reversal trading strategies are typically high-yield yield low-probability trade setups. This is because trades are often made against an established trend or momentum. Seasoned reversal traders seek confluences of reversal... Read more

Price levels that the market reversed from are often market swings, which could either be a swing high or a swing low. These are critical price points because the market... Read more

This trading strategy is a type of trading strategy that trades on reversals coming from support or resistance zones, which is one of the basic trade setups used in a... Read more

In a sideways-moving market, price action does tend to oscillate up and down often in a wave-like pattern. Sometimes the ranges are very clear and traders can anticipate where the... Read more