Learn the basics of support and resistance, and how these price levels form. Discover how traders use them to identify trends, entries, exits, and reversals in markets.

Understanding the concepts of support and resistance is crucial for analyzing forex market behavior and making informed trading decisions. These two fundamental terms refer to specific price levels on ...

Momentum trading and support and resistance are two popular technical analysis strategies that can be used to identify trading opportunities. Both strategies have their own advantages and ...

Support and resistance are most valuable as risk management tools. Trades taken without reference to key levels often lack ...

Okay, okay please don't hurt me indicator lovers, sure indicators aren't all that bad, I was just messing with your minds. However many traders do believe that to be successful you need mountains of ...

The second quarter’s first week of trading was not a win for bulls or bears, with the S&P 500 Index (SPX) closing at 4,105.02, just below its quarter-end close the week prior at 4,108.90. Short-term ...

Discover how 5-, 8-, and 13-period simple moving averages can enhance day trading by improving entry/exit points and managing risk effectively.

Swing trading offers a middle-ground approach between the hyperactivity of day trading and the extreme patience of long-term investing. In the diverse world of financial markets, trading approaches ...

Bitcoin is a decentralized digital currency. It was created in 2009 following the release of a white paper by "Satoshi Nakamoto", an unknown figure. Unlike fiat currencies (like the dollar, or euro), ...

Support and Resistance are technical terms used to identify prices at which a security might be likely to attract additional buyers or sellers. Learn how investors can use the concept of support and ...