Contrary to popular opinion, a descending triangle can be either bearish or bullish. Traditionally, a regular descending triangle pattern is considered to be a bearish chart pattern. However, a descending triangle pattern can also be bullish. In this instance it is known as a reversal pattern. To that point, the descending triangle can be viewed[…]
This is One of the best market volatility indicators, the Average True Range indicator helps traders understand the way a stock, forex, commodities, and cryptocurrencies moves. Moreover, the ATR Indicator considers large ranges that accompany strong moves. The main idea behind the Average True Range Trading strategy is, we only want to trade when the[…]
“RSI-Moving Average” MARTINGALE Trading Strategy (based on Larry Connors’ time, price, and scale-in trade principles). The “RSI-Moving Average” MARTINGALE Trading Strategy can be applied to stocks, commodities, currencies, cryptocurrencies, and any other market that you can access charting prices. LONG TRADE SETUP Here are the “RSI-Moving Average” MARTINGALE trading rules for buy signals: The price[…]
HOW TO TRADE THE MARKET WITH DOUBLE BOLLINGER BANDS. The two main strategies to employ using Double Bollinger Bands involve breakouts and trend trading. 1. Double Bollinger Band Breakout Strategy. The Double Bollinger Band strategy can be applied when trading breakouts of an existing trading range by observing a break above or below the range,[…]
