In technical analysis, an Envelope is an indicator that is used to determine the upper and lower bounds within which a price is expected to fluctuate. It is typically constructed using a moving average and a specified percentage or deviation. The Envelope indicator consists of an upper band and a lower band, which are […]
Elliott Wave Theory (EWT) is a technical analysis approach that suggests that price movements in financial markets follow repetitive and predictable patterns. It was developed by Ralph Nelson Elliott in the 1930s. According to the theory, price movements occur in a specific cycle consisting of five wave movements and three corrective movements. These wave […]
The Efficient Market Hypothesis (EMH) is an economic theory or hypothesis that suggests that financial markets are efficient and reflect all available information. According to EMH, financial markets are efficient when everyone has equal access to available information and can effectively use that information. EMH was developed by Eugene Fama in the 1960s. Essentially, […]
The Dow Theory is a theory of technical analysis that was developed by Charles Dow, the founder of Dow Jones & Company and creator of the Dow Jones Industrial Average (DJIA). It is one of the oldest and most widely followed theories in the field of market analysis. The Dow Theory is based on […]
Divergence is a concept used in technical analysis to analyze the relationship between price movements and indicators. It refers to a situation where the price of an asset and a technical indicator move in opposite directions or show a lack of correlation. Divergence occurs when there is a discrepancy or disagreement between the price […]
Daily analysis is a method used in financial markets to evaluate and predict the price movements of various financial instruments on a daily basis. It involves analyzing the market data, charts, and indicators to identify trends, patterns, and potential trading opportunities. There are two main approaches to daily analysis: technical analysis and fundamental analysis. […]
Cycle Lines in forex refer to a technical analysis tool used to identify and analyze cyclical patterns in price movements. It is based on the assumption that price movements in the forex market exhibit cyclical behavior, meaning they tend to repeat in regular cycles. The concept of Cycle Lines is rooted in the belief […]
In forex trading, a crossover refers to the point at which two different indicators or moving averages intersect each other on a price chart. Crossovers are commonly used in technical analysis to identify potential trend reversals or entry/exit points for trades. Here is a more detailed explanation of how crossovers are used in forex: […]
In forex trading, the term “crosshair” refers to a tool used in forex trading platforms. The crosshair tool is primarily used for technical analysis and helps traders to analyze price movements and make informed trading decisions. The crosshair tool is typically found within the charting section of a forex trading platform. When activated, it […]
A chartist, also known as a technical analyst, is an individual who uses technical analysis techniques to analyze financial markets and make trading decisions. Technical analysis involves studying historical price and volume data to identify patterns, trends, and other indicators that can help predict future price movements. Chartists primarily focus on analyzing price charts […]