We can also use the CMF volume readings to spot false breakout signals. If we break above resistance but we have negative readings on the CMF indicator that is a potential false breakout. Without further ado, here are a couple of ways to use price-volume analysis. When the candle closes near the top of its […]
While most forex traders leverage their free margin to maximize trading power—and, thus, their earnings potential—margin trading is only one aspect of their success. Basically, it’s the amount of available equity you have in your account to open a position using the borrowed margin offered by your online broker. Making profitable trades will all depend […]
Traders identifying bullish reversal signals would want to look for trades that benefit from the security’s rise in price. Also note how momentum increased dramatically once price broke above the resistance line, which signaled an end to the pattern. A target could again have been placed at the level where the rising wedge started from […]