1. PURPOSE There are many types of moving averages such as Simple Moving Average (SMA and Exponential Moving Average (EMA). Most of the moving averages lags price. This means
Trend Trading, Two Moving Averages 1. PURPOSE Most Traders assume the “Trend is your Friend” and trade with the main trend of the chart. So how can we determine the direction
Trend Days, Intraday 1. PURPOSE Opening Range breakout (ORB) strategy is quite Simple and straightforward trading with an aim to find TREND DAYS. 2. INPUT The strategy should apply on
After five weeks of a narrow trading range, the Nifty broke out, crossing the resistance at 5920, to close decisively above the 5920-5930 resistance zone. The point of breakout is
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