Hammer Candlestick Pattern: Strategy Guide for Day Traders

hammer candlestick pattern

It is difficult for a trader to make a decisive decision without critically evaluating relevant information about the market. One of the effective tools in this decision-making process is price action trading strategies. This trading strategy usually identify market movements based primarily on the preceding price variations. This strategy usually encompasses an array of technical … Read more

Aroon Indicator Strategies: How to Use It to Identify Trends

aroon indicator in stock chart

As a trader, having a good understanding of technical analysis is mandatory. This is simply because you will use technical indicators to predict the price action of the financial asset. In the past few months, we have been covering various aspects of technical indicators. We have looked at indicators ranging from simple moving averages to … Read more

Cryptocurrencies: Is Day Trading Better Than Investing in It?

cryptocurrencies trading

Cryptocurrencies have become a modern-day goldmine. They have become so popular that many people from around the world are hoarding them. They have also made a few people multi-millionaires. For example, if you bought bitcoins worth $1000 in 2010, you would now be a multi-millionaire. Since 2020, Bitcoin has risen from just above 6,000 to … Read more