The main purpose of a price chart in technical analysis is to show how buyers (bulls) and sellers (bears) are competing over a certain period. One of the most effective and widely used methods to display this battle is through candlestick charts.In this article, we will introduce you to several key aspects of candlestick chart techniques that have contributed to its … [Read more...] about Why to use candlestick charts for trading and investing in financial market
Head and Shoulders Pattern in technical analysis: Explained
Head and shoulders pattern (sometimes marked by labels H&S or S-H-S) form at the top and bottom of a trend as a reversal formation. It can also be formed as a continuation or consolidation pattern during an ongoing trend. In this article, we will be discussing the type of head and shoulders pattern, its formation and importance in technical analysis.In … [Read more...] about Head and Shoulders Pattern in technical analysis: Explained
Technical Analysis for the stock market – A Beginners guide
In this article, we will explain to you what technical analysis is and how technical analysis can help you in finding a great stock to make a profit.We have different groups of professionals in the stock market. One group of professionals makes investment decisions by analysing fundamental information such as the company's financial statements, economics, politics, … [Read more...] about Technical Analysis for the stock market – A Beginners guide
Understanding the Marubozu Candlestick Pattern
Traders use candlesticks to identify trading chart patterns to set up a trade. Chart patterns are formed with one candlestick or by grouping two or more candles in a certain sequence. These candlestick chart patterns help the trader to develop a complete point of view.Based on how candlestick chart patterns are formed it can be broken down into single and multiple … [Read more...] about Understanding the Marubozu Candlestick Pattern
How Bid and Ask Price works in the Stock market
Stock will always have two prices: bid and ask. To execute a trade investor must understand the concept of bid versus ask.Many people may not know what bid and ask means, how bid and ask price relates to the stock market, how it defines the demand and supply for a specific financial asset and how it can affect your portfolio return.In this article we will tell you … [Read more...] about How Bid and Ask Price works in the Stock market