Shooting Star Candlestick
What is a shooting star candlestick? A shooting star candlestick is a bearish reversal pattern that forms when an asset’s price is on an upward trend. It occurs when the…
What is a shooting star candlestick? A shooting star candlestick is a bearish reversal pattern that forms when an asset’s price is on an upward trend. It occurs when the…
What is margin? Margin is the amount of money that a broker requires you to deposit into your trading account for you to open a position. It is not a…
What is leverage You have probably utilized the leverage concept in your daily life. You want to buy a car that costs $30,000. However, you cannot raise the entire amount…
What is G10 The Group of Ten (G10) is an alliance of 11 top industrial countries that agreed to the General Arrangements to Borrow (GAB). Its member states are: the…
What is a margin call? A margin call is a demand by your broker for you to deposit additional funds into your trading account to meet the set minimum requirement.…
What is quantitative easing? Quantitative easing (QE) is a monetary policy enacted by a central bank to increase the circulation of money in the country, thus stimulating economic growth. The…
What is bullion? Bullion is gold or silver in physical form and in high purity of not lower than 99.5%. It is usually in the form of coins or bars.…
The relative strength index (RSI) is a momentum indicator that shows the price movement’s change and speed. It oscillates between 0 and 100. In addition to highlighting the price trend,…
What is a hanging man candlestick? A hanging man candlestick is a candlestick that signifies a bearish reversal pattern. It occurs when an asset is on an uptrend, and acts…
What is a hammer candlestick pattern? The hammer candlestick is a bullish reversal pattern that appears at a downtrend’s lower end. It indicates that sellers in the market had gotten…
The Triple Exponential Average (TRIX) is a technical oscillator used to determine the momentum of an asset’s price. Like other oscillators, it oscillates above or below zero. It represents the…
The weighted moving average (WMA) is a technical indicator that shows the direction of an asset’s price. Just like the other moving averages, it enables traders to generate trade signals.…