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HELPING TRADERS SUCCEED “The human side of every person is the greatest enemy of the average investor or speculator.” ~ Jesse Livermore

Archive January 2020

Popular Technical Indicator Part II

In technical analysis, a technical indicator is a mathematical calculation based on historic price, volume, or (in the case of futures contracts) open interest information that aims to forecast financial market direction.Technical indicators are a fundamental part of technical analysis and are typically plotted as a chart pattern to try to predict the market trend.Indicators

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Types of Technical Indicators.

Technical trading involves reviewing charts and making decisions based on patterns and indicators. These patterns are particular shapes that candlesticks form on a chart, and can give you information about where the price is likely to go next. Indicators are additions or overlays on the chart that provide extra information through mathematical calculations on price

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