What is the Moving Average Convergence Divergence indicator? MACD is one of the most effective and relatively simple momentum indicators used to identify, follow and evaluate the strength and direction of a trend in technical analysis. It is one of the most popular tools that can be used to identify points of trend reversal for an asset as well as spot entry and exit … [Read more...] about Guide to Using the MACD Indicator on eToro
trend reversal pattern
Momentum trading on eToro
What is a momentum strategy? Momentum strategy relies on making a profit by going long or short when price movements of an asset show a strong trend in an upwards or a downwards direction i.e. when there is a high price momentum either way. If an asset, such as stock or ETF, is undergoing an upward trend (so increasing in price), momentum trader would go long in it (i.e. buy … [Read more...] about Momentum trading on eToro
Comprehensive Guide to Trading the Evening Star Pattern on eToro
In the field of trading, preparation is always an essential factor in order to succeed. Part of the preparations one trader should do is to equip himself with the knowledge regarding the specific asset, the market as a whole, a good experience in actual trading, and good familiarity with candlestick patterns.Candlestick patterns play an important role in estimating the possible … [Read more...] about Comprehensive Guide to Trading the Evening Star Pattern on eToro
How to Trade with The Head and Shoulders Pattern On eToro
The use of patterns in trading has been among the best ways to improve one’s chances of making profits – and among the most sought-after patterns today is the Head and Shoulders pattern. This pattern is famous because it has a high tendency to signal a trend reversal. It is easy to spot in a chart because of its distinct characteristics which compose of a high peak in the … [Read more...] about How to Trade with The Head and Shoulders Pattern On eToro