Simple Bollinger Band Strategy – Analytics & Forecasts – 30 January 2023
Bollinger Bands® were created by John Bollinger in the ’80s, and they have quickly become one of the most commonly used tools in technical analysis. Bollinger Bands consist of three bands—an upper, middle and lower band—that are used to spotlight extreme short-term prices in a security. The upper band represents overbought territory, while the lower band can show […]
Simple Pin Bar Bounce Forex Trading Strategy
Japanese candlesticks have been one of the most revolutionary innovations in trading. In spite of its simplicity, Japanese candlesticks had so much impact in technical trading. In fact, most traders today use Japanese candlesticks as their charting style. Japanese candlesticks are so effective as a charting method because it simplifies how traders view their price […]
Advantages and Disadvantages of Simple Moving Average – Analytics & Forecasts – 14 January 2023
Most forex traders, irrespective of their trading skill levels, prefer using SMA because of its simplicity and ease of understanding. Using the indicator tool involves dividing the accumulated total of data points over a set period with the number of periods basing everything on the current currency prices. Furthermore, the indicator tool creates signals that […]
A Simple Breakout Trading System +5,024% (Backed by Data)
What is this system, and why does it work? Simple. This is a stock trading system. Based on academic research and my backtesting, strong stocks are likely to continue in the direction of the trend. It’s proven! It’s why this system looks to buy breakouts. Now I want to be honest here… I’m about to […]