Ascending channels provide a steady signal on the strength of an uptrend and the optimal levels to open positions during a pullback. Traders use various technical analysis tools to identify emerging ...
(Kitco News) - Comex December gold futures continue a stair step pattern lower, within a well-defined bear channel pattern. Last week's selling action took the gold market down to a chart support ...
Creating a Forex trading strategy does not have to be a difficult. Today we will review the basics of spotting and trading price channels. Article Summary: Creating a Forex trading strategy does not ...
Buying an asset in a downtrend can be a risky maneuver because most investors struggle to spot reversals and as the trend deepens traders take on deep losses. In instances like these, being able to ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Ford Motor Company (NYSE:F) was sliding about 0.8% lower on Tuesday, heading into its first-quarter earnings report, which is set to print after the market close. On Monday, the legacy-turning-EV ...
James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...
Amazon.com, Inc (NASDAQ:AMZN) was trading flat on Wednesday, in tandem with the S&P 500, as traders and investors await the release of the Federal Reserve’s July meeting minutes, which are set to ...
One simple pattern can help you easily book winning trades in a trending market. You don’t have to be a professional trader to take advantage of this set-up. You can even use the pattern we're about ...