Double Bottom and Double Top
Double bottom and double top are a chart reversal pattern. In other words, the pattern displayed will signal a reversal of the trend. Below we have explained how to identify these chart reversal patterns. Double Top A double top is a bearish reversal pattern. As the name suggest the financial asset makes a double peak and thereafter it starts its bearish More...
All about Exotic options
This article requires a bit of background reading on what options are so it is advisable to read our previous article. Options are a type of derivative. Exotic options are the most complex out of all the option More...
Ascending and Descending Triangle Patterns
Triangles are often used in technical analysis to identify a breakout. A triangle can be ascending, descending and symmetric. However, for now we will be talking about ascending and descending triangle patterns. More...
Gold, Silver and Oil Markets Overview Update
Gold After last week’s NFP (Non-farm payrolls) data gold was boosted. It looks fairly certain now that the tapering of QE will not be implemented this month, but later this year. Gold will also be further helped More...
Fundamental Analysis & Market Sentiment Introduction
Fundamental Analysis, with respect to the FX market is the analysis of macroeconomic data and political events. This may be used to predict future price movements of a currency. Market sentiment is the general opinion More...
Gold, Silver and Oil Markets Overview
Gold Gold has been under heavy speculation this week. Recent data (new home sales, consumer confidence, durable goods) from the US shows that the recovery is slowing down. Gold prices have increased to $1400 on More...
The Trend Is Your Friend (Trend lines, Support and Resistances)
A market is a series of waves. A wave is constructed of peaks and troughs and these are what define the direction of the market which is also known as the trend. A trend of a market can be applied to any financial More...
Introduction to Options
As always, we shall start with a definition. Options are a form of derivative. Options take the form of a contract where one party sells the right in the contract (often called the writer of an option) to the More...
Revenue growth and surprise profit drop in Q2 for Apple
As one of the world’s biggest and most respected technology firms, Apple are seen as a barometer of how the sector as a whole is performing. Until recently, their growth was almost unrivalled, enjoying quarterly More...
What is Rate of Change?
Rate of change is a momentum oscillator. It can be measured in percentage or in decimal form. Just like RSI it can be used to identify overbought and oversold levels. The saying ‘the trend is your friend’ More...