Trend Analysis
Initially traders often take on the role of day trading as a way of trying to win money from the markets. The odds of success are very low in day trading (unless trading clients money), yet traders continue to blow their account doing so. Trend following is based on the principle that price has provided [...]
Yesterday the Nasdaq closed below the 200 moving average. So has Nasdaq changed trend and turned bearish? It is important to note the 200 period moving average, otherwise known as the institutional moving average acts as a major support or resistance for traders. We also use this as a directional bias and when price is [...]




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