While it can eventually break the middle line, it is highly unlikely to move past the outer lines. Most traders use a value of two times the standard deviation for both lines. The upper line works as a resistance, the lower line as a support. With projects underway to increase interconnection, expected to go live after 2026, Spain will become more exposed to continental price volatility, for better and for worse.
Assume for example, that your strategy predicts an upwards movement for an asset t […]

A pullback is a change in the direction of the price – for instance, down in an upward trend – that does not affect the overall trend. Shorting Cryptos for some major Gains A quick video to demonstrate that buying Cryptos isn’t the only game in town. Plenty of profit can be made from shorting too, as Adrian explains in this video, reviewing 15 major cryptos and the opportunities over the last few days. The world’s oil markets continue to surge higher as the world’s markets con […]

Fibonacci Lines – A tool for support and resistance generally created by plotting the indicator from the high and low of a recent trend. If 98% of the stocks are up but only 2% are down or neutral at the open of the market, it’s an indication that the market might be more trendless and “reversion to the mean” day trading strategies could be more effective. However, if a lopsided advance/decline persists, it could mean that the market could be trending. Williams Accumulation/Di […]

Unfortunately, many trend-following trades are ineffective as traders miss out on an ideal entry and lose money by entering the market too late. Day trading can be very profitable providing one picks the right market, tools and strategies. Those that work best for the day trader are not necessarily those that are the most popular for traders who have the luxury of holding overnight positions.

This type of strategy tends to be profitable in periods of directionless volatility. Trading styles ar […]

Range traders rely on being able to frequently buy and sell at predictable highs and lows of resistance and support, sometimes repeatedly over one or more trading sessions. You will not have access to the Financial Ombudsman Service or be protected by the Financial Services Compensation Scheme , so you are unlikely to get your money back if things go wrong. The Department for Business, Energy & Industrial Strategy undertook a report into domestic abuse and the workplace.
Range trading is a […]

Don’t forget, each and every trade that you enter will require both a buy and sell order. This is because the opposite order in which you initially placed is required when you wish to exit the trade. That is to say, if you think the price of the stock will go up, then it’s just a case of placing a buy order.
The rise in popularity of online CFD trading has made it simpler and more convenient to trade the rise and fall of major global companies, such as Apple, Google and Alibaba. In […]