The single most important skill to develop as a trader is the ability to cut losses. The one trading trap that will cripple any trader is the refusal to know and admit that
The chart for Power grid shows a bullish pattern. We can see a bullish (inverted) head and shoulder pattern. The pattern was confirmed today when prices closed above the neckline, giving
Markets have one property - their inherent unpredictable nature. Nothing in the market is absolute. Technical traders are familiar with the an indicator called - Bollinger Bands. These bands are drawn
Noise is a disorderly move. It doesnt need to be volatile. just erratic and unpredictable. When prices move from point A to point B in a straight line. there is
In most cases, gold (and other commodities) tends to have an inverse relationship to the dollar. If the dollar is strong, it requires fewer bucks to buy the same amount