How to Identify and Use Psychological Levels in Trading

Psychology is an important aspect in the financial market. It works well whether you are trading traditional assets like stocks and indices and newer assets like cryptocurrencies. In this article,…

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Effective Exit Strategies for Day Trading

  Profitable day trading isn’t easy. You need to be precise with your timing, execution, and exits, or else you’ll get chopped up by paying the bid/ask spread and commissions. …

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Top Continuation Patterns for Day Trading! How to Use Them?

Continuation and reversal patterns are important concepts in the price action strategy. They are watched closely by day traders because they provide hints about whether a financial asset like an…

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Line Chart: What It Is and When to Use It for Day Trading

A line chart is a straight line that connects a series of prices of a financial asset. It is also the simplest type of chart that you can see in…

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WTI Price Analysis: Off intraday low but key SMAs to test the bulls

Although an upward sloping trend channel from last Thursday portrays the black gold’s short-term recovery moves, the Momentum indicator’s retreat and

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Trading the Close: Strategies for Trading the Last Market Hour

The stock market in the United States is active for the most part of the trading day. However, most market action usually happens at the open and close. When the…

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Top 7+ Common Trading Mistakes in the Financial Market

Trading is not like gambling (here we explain why). It is not as simple of opening a trade and watching yourself become a millionaire within a few days. It is…

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What Take Profit Orders Are & How to Set Them Uas a Pro Trader

A take profit order is a type of order where an existing trade is closed when it reaches a certain level. It is a popular order type that is recommended…

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How Day Traders Analyze Stocks Using Bar Charts

Bar charts are relatively popular types of charts that are offered by most trading platforms like the MetaTrader and TradingView. Many brokers and exchanges also offer it on their custom…

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How to Use Unusual Options Activity in Day Trading

What are options in simple terms? The options trading industry is a vast one, especially in the United States. A good options trading definition is one that allows you to…

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