A head and shoulders reversal is a trend pattern. It will mark a desire to make a bullish reversal. The theory is the same that a triple […]
What is a reverse head and shoulders formation?
All posts by Erik Forsell
What does a Triple Top mean?
A Triple Top, also known as the triple top is a bearish pattern with an MN shape. Three bottoms come in succession, reflecting an important resistance. This […]
How to trade on a horizontal channel
A horizontal channel is a pattern that emphasizes investor indecision. This horizontal channel is composed of two horizontal and parallel lines that build the price trend. To […]
How does an inverted Dead Cat Bounce work
An inverted Dead Cat Bounce is the exact opposite of the Dead Cat Bounce. A quick look is that if a trader owns a stock after a […]
Three key lessons investors can learn from Warren Buffet
Warren Buffet, also known as the Oracle of Omaha, is a legendary investor who dishes out wisdom for investment success on Wall Street. Warren Buffet’s annual letter […]
What is Forex?
Forex or (FX) is the term used for the world’s foreign exchange market. It comes from the words Foreign Exchange. Unlike exchanges such as the New York […]
Double bottom is a bullish pattern
A Double Bottom is a bullish pattern indicated by a W shape. The two bottoms will succeed, reflecting an important support (in green). This will mark a […]
What is open balance or open interest?
Open balance is the total number of options or futures contracts that are ‘open’, meaning they are currently owned by an investor and have not yet expired. […]
Commodity ETFs cover the entire commodity market
Exchange-traded funds that invest in physical commodities such as natural resources, agricultural commodities and precious metals. Commodity ETFs can fixate on a single commodity and grab it […]
How do Pivot Points work in your trading?
Pivot Points, Pivot Points or Pivot Points, utilize the previous period’s high, low and close that will define future support and resistance. Pivot Points are important levels […]
