Most traders can profit from a rising market; simply buy stock, right?
But what if you could not only profit from the stock rising, but also from it going sidewards, or even falling slightly? Would that give you an edge?
The New Year has started with an abundance of news from the Lithium industry, as a tangible shift in the mobile energy mix appears to be taking place.
If you want to hammer in a nail, you use a hammer. If you want to screw in a screw, you use a screw driver, and if you want to saw a block of wood in two, you use a saw. Obviously you need the right tool to do the right job. This is universal and applies from DIY home improvement to your daily profession.
The velocity of money is the rate at which the total supply of money (M3) is turned over in the economy (Gross National Product).
Price bars are highly useful for determining at what price participants are willing to buy and sell, when trends might be beginning or ending, and how volatile prices are on a particular day. Identifying some of the below price bar patterns, in combination with other indicators can help traders to build a directional view on price movements.
One of the key tenets of technical analysis is Support and Resistance levels. These levels are considered as points on a chart that share prices have difficulty breaking through. Like trend lines, there can be multiple levels of support or resistance to consider.
Traders and Investors use a multitude of ways to pick the direction of share prices, here we look at some of the commonly used methods.