Charts

How To Use The Ichimoku Cloud

4.9 14 The Ichimoku Cloud is like a Swiss Knife indicator that suggests support/resistance, direction of momentum or trend, and alerts you when a buy or sell gets trigerred. It is like a MACD, Multiple…


This Trade Setup Results in Profits

5.0 02 This setup is for beginners who would like to get clued on to the correct market direction. That said, beginners or experts, profits are profits. So, you can try this out even if…


How-To-Draw-Trendlines

Price Action Guide -Part 5: How To Draw A Trendline

4.9 16 Technical chartists always assume that stock prices prices trend. To figure out support and resistance levels, chartists draw trendlines. A trendline, therefore, is a sloping line (that you draw) which helps you identify levels…



selecting time period on charts

How To Choose A Candlestick Time Period on a Chart

5.0 05 Beginner traders and investors often get confused about the time period to set while performing technical analysis. Depending on the trading style and strategy, you should choose from the following time periods: Monthly…


understanding candlestick formations

Price Action Guide – Part 3: Interpreting Candlesticks

4.9 07 Candlesticks are the Japanese way of representing price movements on a chart. Candlesticks are pretty comprehensive, and these cover the opening, closing, high and low prices. The opening and closing is represented by…