The formation of such patterns indicates the continuation of stable price movement. Traders can look to trade engulfing patterns by waiting for confirmation of the move. This is done by observing price action after the pattern bullish engulfing definition has formed and seeing if the price continues in the...
Read moreHowever, it’s essential to know what to look for and to be aware of potential pitfalls or false signals. This article delves into the details of these patterns, explores their formation, and provides practical trading strategies. Understanding what is a bull flag, how to identify bull flag patterns and...
Read moreThe models can be used to gain access to the broad markets, specific asset classes, sector rotation strategies, and other specific subsets of the market. Studying for and taking the CMT exams provided another turning point in my career, and allowed for an enhancement of an existing technical process....
Read moreAs an exclusive benefit to CMT Candidates studying for the Level I, II, and III exams, Nasdaq Dorsey Wright has generously made their technical research platform available to all current CMT exam registrants (regularly $399/month). With your CMT skillset and expertise in high demand, you will have more employment...
Read moreThe FTSE 100 lists the top 100 companies by market cap, listed on the London Stock Exchange. The index seeks to provide a quick snapshot of the U.K stock market given its components which account for a huge percentage of the Kingdom’s total equity market value. For this reason,...
Read moreEconomic Releases tend to have an impact on various companies most of which are listed in the index, conversely affecting the FTSE 100 direction of trade. Some of the reports include interest rate hike decisions, Manufacturing data as well as UK GDP Data. The FTSE Group, which is a...
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