Chart patterns trading is often equated to buying and selling at the direction of technical indicators. However, although chart patterns are considered to be technical tools, they differ in many ways from indicators. If you’re in the process of becoming a market technician, then it’s important to understand the functionality, pros, and cons of both… Read more.
Technical Futures Trading Techniques Successful Traders Use
Futures trading is a discipline approached from countless perspectives by people from all walks of life. No matter your background, it’s possible to make money in the markets. All that is needed is time, risk capital, and a viable strategy. For many successful traders, technical analysis is a preferred means of engaging the markets. Interpreting… Read more.
The Slow Stochastic Indicator
The Slow Stochastic is an oscillator type indicator that is used to help identify changes in momentum while identifying support and resistance levels. Its basic function is to identify that during periods of price decreases, daily closes tend to accumulate near the lows of the trading range. Conversely, during periods of price increases, closing prices… Read more.