Pivot Points is a veteran of technical analysis since a mathematical scientist developed the scientific platform in the first half of the 20th century! The creator of the reference point method is the American mathematician Henry Сhase. This method was to the taste of the players who worked in the “stock pit.” Initially, Pivot Point was used for trading on […]

Defined as the price correction that counters the primary trend, the Counter Trend is smaller in nature. It needs more time to form the entire consolidation pattern.   In this short feature, we will be examining the 5-part procedure effective Counter Trend Trading strategies. These are constituted by both corrective and impulsive moves. The chart below illustrates a move in […]

Having a grasp of the market’s general direction means you would be able to bounce trades off the Pivot Point (PP). This is in consideration of the direction the market took relative to it at the day’s opening. Looked to as a major arbiter of the market’s movements, the PP is a well-known Technical Analysis indicator. The market is said […]

A beginning trader not familiar with the different trading tools might wonder, “What is economic calendar?” An economic calendar is a blueprint of schedules of economic updates, data releases, and other key figures and economic indicators, this is part of fundamental analysis. Job employment rate, GDP growth rate, and interest rate cuts are some of the reports found in an […]

Before diving deep into what the Gann Square of Nine is, we must first get to know where the term came from. William Delbert Gann or simply, W.D. Gann was a Mathematician who was known for his market forecasting abilities. Starting to trade at the young age of 24, Gann had a reputation of being mysterious and profound. His Gann […]

Head-to-head: Technical Analysis vs. Fundamental Analysis in Trading Fundamental analysis and technical analysis are two of the main approaches when analyzing the soundest investment in the financial market. Investors and analysts usually resort to one of the two methods mentioned above when they consider investing in an asset class available in the market.  Both these approaches have their fair share […]