The frenzied atmosphere of a dealing floor is a gift for film-makers and a natural subject for documentaries. Day traders are spoiled for choice, so we have made a must-watch selection of just five films and documentaries.
For CFD traders, moving averages in the price of any financial asset can provide valuable indications as to future trends. Moving averages can be a powerful weapon in a day trader’s armoury.
A triple-bottom reversal is generally viewed as a bullish chart formation that can help identify buying opportunities. Typically, the triple bottom can detect a reversal of a bearish trend, highlighting opportunities to go long on an upwards price breakout.
A triple-top reversal is generally viewed as a bearish chart formation that can help identify shorting opportunities. Typically, the triple top can uncover a reversal of a bullish trend, highlighting opportunities to go short on a breakout towards the downside.
A rounding bottom is a U-shaped pattern, just like the U shape found in the cup and handle chart pattern. Rounding bottoms tend to be observed towards the end of down price trends and can signal a price reversal to the upside. Many traders therefore use the pattern to better capture buying opportunities.
The cup and handle pattern is one of the more bullish technical signals that traders commonly look for. As the name suggests, the pattern resembles a cup and a handle; it’s comprised of a U-shaped cup followed by a handle that is denoted by a modestly downwardly sloping trendline.
Safe and sound: how risk-reward ratio can improve your money management strategy and overall trading performance
Learn more about a successful money management strategy, using risk-reward ratio to improve your trading performance. Use RRR like a pro to decide, whether the trade will bring you profit.