XAUUSD, H4 The direction of the gold price over the past week is not clear. After the US stock markets oscillated between positive and negative days, partly in response to... Read more

Introduction to the TD Sequential Indicator Price action traders often consider swing highs and swing lows as horizontal support and resistance levels. This is a logical theory since price had... Read more

In this strategy, we will be trading a reversal strategy which makes use of price action, support and resistance levels, as well as candlestick patterns. However, we will be using... Read more

Internal Strength indicator. The indicator has three input parameters: RSI period – RSI calculation period Calculating method – calculation method Price – calculation at High/Low/Close prices RSI on price –... Read more

EURUSD, H1 Eurozone flash PMIs higher than expected. The Manufacturing PMI jumped to a series high of 63.3, the output PMI also hit the highest level since the start of... Read more

Market News Today – US Equities down again (-0.92%), USD (91.20) & Yields (1.55%) flat, BTC tanks under $50k on Biden proposal to raise capital gains tax to 40%. ECB... Read more

The electric vehicle giant – Tesla (#Tesla) is set to release its first quarter earnings in 2021 on the 26th April (Monday) after market close. Figure 1: As of January... Read more

Smoothed CCI indicator. It has ten input parameters: CCI period – calculation period Applied price Use pre-smoothing – use preliminary smoothing (smoothing of prices used to calculate the indicator) Pre-smoothing... Read more

Traders are currently divided into two camps. On one side of the spectrum, there are the price action traders, while on the other end of the spectrum are the traders... Read more

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