When you see sideways price action, what goes on in your mind? Is it danger, opportunity, or a blank? Don’t let it be a blank. Put every congestion pattern to good use with these 3 practical uses of price congestion. Stop giving a useless label to sideways price action. Instead, use them to improve your price action reading […]
Archives for August 2015
4 Trading Myths About The Moving Average
The moving average is a common trading indicator. Traders both use and misuse them. At times, they even abuse them. The result is a myriad of trading myths surrounding the topic of moving average. Let’s dispel four major myths about moving averages here. #1: The more moving averages, the better. Remember the rule of diminishing returns. […]
