Understanding Support and Resistance

Two terms you hear a lot about are support and resistance. Basically, they are points on a chart where the probabilities favor at least a temporary halt in the prevailing trend.

Using Volume to Make Better Trades

I wish I had a dollar for every time I’ve been asked what tools I use to trade. It would be easy money because my answer is always the same: chart patterns and volume.

Using Market Internals to Improve Your Trading

By Tim Racette The Market Internals are similar to the instrument cluster on your car, without them you really don’t know which direction you are headed or how fast you’re moving. There are four indicators that make up the core market internals: – Breadth Ratio – Advance/Decline Line – Trin – Tick Each indicator has … Read more

Forex: How to Trade News

One of the most popular ways to trade forex is to trade economic data and news releases. Most people may have heard of the saying News Moves Markets.