Here I will state the different principles of technical analysis so that you can refine your vision on the financial markets.
13 Apr 2023 2 minute read 0 comments Bastien Scellier
"The trend is your friend." - Ed Seykota Michael Covel's "Trend Following" is a comprehensive guide to successful trading and investment strategies, based on the principles of trend following. In this book, Covel draws on decades of experie...
12 Apr 2023 1 minute read 0 comments Bastien Scellier
Technical Analysis and Fundamental Analysis. These two approaches are used in analyzing financial markets to make informed investment decisions. By the end of this lesson, you will have a basic understanding of what these two concepts are, how they d...
12 Apr 2023 2 minute read 0 comments Bastien Scellier
These forex trading tips is a passing of wisdom from one professional forex trader to another. A lot of forex traders have become rich through forex trading while others did not. There are many reasons for this. You see, in Forex trading, there...
9 Mar 2023 1 minute read 0 comments Bastien Scellier
The triple bottom and triple top are price chart patterns that indicate a potential downward or upward trend reversal, respectively. These patterns are considered important technical signals by technical analysts, traders and investors. Triple Bottom...
6 Mar 2023 1 minute read 0 comments Bastien Scellier
Bullish and bearish compression triangles are price chart patterns that indicate a period of uncertainty and consolidation in the market, usually before a strong trend breakout. Traders and technical analysts use these patterns to identify potential...
6 Mar 2023 1 minute read 0 comments Bastien Scellier
The diamond is a price chart pattern that forms when an asset sees a period of volatility and consolidation that results in a diamond shape on the chart. The bullish and bearish diamond are two variations of this pattern. Bullish Diamond: The bullish...
1 Mar 2023 1 minute read 0 comments Bastien Scellier
Bull Flag and Bear Flag patterns are chart patterns that indicate a time correction movement after a strong uptrend or downtrend. These figures are buy and sell signals for traders, and identifying them can help maximize potential profits while limit...
24 Feb 2023 1 minute read 0 comments Bastien Scellier
Bullish and bearish channels are technical analysis tools that help visualize price movements over a period of time. A bullish channel is characterized by peaks and troughs that are progressively closer together, while a bearish channel is characteri...
23 Feb 2023 1 minute read 0 comments Bastien Scellier
Supports and resistances are key concepts in technical analysis that help traders identify important price levels on the price charts of a financial asset. These levels can serve as entry and exit points for trading positions. A support is a price le...
23 Feb 2023 1 minute read 0 comments Bastien Scellier
Bullish and bearish trends are key concepts in technical analysis in trading. Traders use these trends to determine the future direction of financial asset prices and make investment decisions. The bullish trend is characterized by a series of higher...
