Forex Blog

The graphic formation Double top / double bottom is a frequent occurrence. By its nature, the pattern is the reversal, so a player needs to know how to enter the market when forming a formation, and how to correctly place orders (stop-loss) and designate goals.

Experts believe that the best results, the indicator Ichimoku demonstrate at day or week intervals, and on the contrary in a state of flat and narrow range - it does not behave itself.

The trading plan is a kind of card: it is equipped with all pointers and tips, can give answers to questions.

To act so that with each decision taken at the exchange, the player's position becomes better: you need to constantly measure the situation on the market.

Trading in the method of Price Action, a trader should pay attention not only to enter the stock exchange but also to evaluate when it is concrete to make a closing position.

To calculate the level of volatility of the sector, we use, in calculations, the exponentially weighted moving average-EWMA.

For example, the price of the air in the first quarter of 2016 increased 15-fold, from the mark of $ 70 million, reaching $ 1 billion and even stepping over for it.

Therefore, such an important and necessary condition is that the Stop Loss will be able to save the trader from large financial losses if, after the transaction, the tendency turns back to the upward trend.

Determine the direction of the trend, to make a profit, the main task of any trader

An important stage associated with the preparation for the installation of orders, it is more rational to start on a 3-4 wave of the figure, or after forming 50% of the triangle. By all the canons of those. analysts, the breakdown happens precisely in this period of model formation.