How To Trade With Keltner channels
Categories
Technical Indicator, Tips

Key Takeaways What are Keltner Channels? Keltner channels are a popular technical indicator used in technical analysis and trading. Developed by Chester Keltner in the 1960s, Keltner channels help visualize the high and low prices where a security may trade over a given period. They provide a volatility band around a simple moving average (SMA) […]

Technical Indicator: Average Directional Index
Categories
Technical Indicator, Tips

The Average Directional Index or ADX is a popular technical analysis indicator used to measure trend strength and help traders determine whether a market is trending or in a range. Developed by J. Welles Wilder, it is a key indicator included in many trading platforms and charts. The ADX provides traders with valuable insights into […]

Unlocking the Untapped Potential of Position Trading
Categories
Crypto, Forex, Trading

Position trading is a trading strategy that focuses on holding positions in securities like stocks, currencies, commodities or cryptocurrencies for an extended period of time ranging from a few days to several months. Unlike day trading which aims to profit from short-term intraday price movements, position trading targets longer term trends that play out over […]

Margin Trading – Diversify Portfolio
Categories
Tips, Trading

Margin trading allows for larger position sizes and profits, the amplified risk from leverage must be properly managed. Strong risk controls are essential to this strategy’s success over the long run. A few key considerations include: Margin traders must balance risk versus reward, employ sound money management practices, and avoid becoming overly exposed to any […]

Breakout Trading Strategy: How to Identify and Profit from Market Breakouts
Categories
Trading

What is a Breakout Trading Strategy? A breakout trading strategy involves identifying when the price of an asset breaks above or below a defined range and entering a trade in the direction of the breakout, with the goal of profiting from the momentum of the new trend. A breakout occurs when the price moves past […]

7 Must-Know Candlestick Patterns for a Successful Trade
Categories
Tips, Trading

Traders seek every possible advantage to navigate the complexities and make informed decisions. One powerful tool in their arsenal is the analysis of candlestick patterns. These visual representations of price movements provide invaluable insights into market sentiment, trend reversals, and potential trading opportunities. Among the myriad candlestick patterns, seven stand out as essential knowledge for […]

Get Started With Trading – Create account with TradeXN
Categories
Trading

Are you interested in starting your journey as a trader but not sure where to begin? Creating an account with TradeXN is a great first step to getting started with trading stocks, currencies, commodities, and more. TradeXN is a leading online brokerage that offers traders access to global markets with competitive fees and powerful trading […]

Momentum Trading Strategies for Exceptional Returns
Categories
Trading

Traders and investors constantly seek strategies to capitalize on market movements and maximize returns. Among the various approaches, momentum trading has emerged as a popular technique that exploits the continuation of existing trends. By identifying and riding the waves of price movements, momentum traders aim to profit from the inherent momentum embedded within securities or […]

Swing Trading Psychology – Capture Market Swings and Maximize Profits
Categories
Trading

Swing trading emerges as a compelling strategy for traders seeking to capitalize on short-term price fluctuations. Unlike day trading, which involves frequent buy and sell positions within a single day, swing trading encompasses holding positions for several days to several weeks, aiming to capture market swings and maximize profits. However, to excel in swing trading, […]

Technical Indicator: Average True Range (ATR)
Categories
Technical Indicator, Trading

Key Takeaways Technical Indicator: Average True Range (ATR) goes beyond simply measuring volatility; this technical indicator provides actionable insights that can be applied directly to trading decisions. Here are some practical examples of how the ATR can be used to enhance trading strategies: 1. Identifying Breakout Entries: Breakout trading strategies aim to capture the initial […]

Demystifying the Parabolic SAR: A Technical Trader’s Guide
Categories
Technical Indicator, Trading

The Parabolic SAR, often abbreviated as PSAR, is a trend-following indicator that plots a series of dots or parabolas on a price chart. These dots, positioned above or below the price action, represent potential reversal points and facilitate the identification of trend direction. Formula: The Parabolic SAR is calculated using a complex formula that involves […]

Ultimate Cheat Sheet for Understanding and Using Technical Indicators in Trading
Categories
Crypto, Forex, Technical Indicator

In the dynamic world of trading, technical indicators serve as invaluable tools for navigating market fluctuations and making informed trading decisions. By analyzing price movements, volume, and other market data, technical indicators provide traders with insights into market trends, momentum, and volatility, enabling them to identify potential trading opportunities and risk management effectively. Understanding Technical […]