We endeavour to educate our customers to the best of our ability.
Our e-books will provide both fundamental and technical insights on FX and other asset classes.
Chart pattern analysis can be used to make short-term or long-term forecasts.
The chart can be intraday, daily, weekly or monthly.
The patterns can vary: ranging from as short as one day to as long as many years.
Candlesticks is a type of chart that provides asset value at open, high, low and close of a specific time frame.
The wide part of the candlestick is called the ‘real body’.
The real body represents the range between the open and close price.
Trading strategies are based on fundamental or technical analysis, but don’t forget that the markets are not 100% predictable.
If you have limited time to analyse the market in detail you can follow some experts.
Moving Averages are the most commonly used technical indicator in technical analysis which consist of the average close of a certain time
frame. There are 2 popular types of Moving Averages: Simple and Exponential.
A Pivot simply represents the average price of the open, high, low and close of a certain time frame.
Pivots are mostly used to calculate alternative support and resistance levels similar to trend line analysis.
Trend reversal patterns appear at the end of the trends and signals the loss of momentum.