About: lishitong
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Leading Indicators
As mentioned before leading indicators will change in advance of expected economic trends; they are often used to predict future movements but not always necessarily accurate. Now that we have discussed moving averages, an example of a lagging indicator, let us move on to the Relative Strength Index which is a type of leading indicator.Continue Reading
Written on December 28, 2020 at 7:39 am
Categories: Analysis
Bollinger Bands
Bollinger bands is an analytical tool used by traders to identify a market’s volatility and looks at the levels of current prices relative to previous trades. We can see from the above graph that in an instance where there is little volatility the bands contract and as the market becomes increasingly volatile the bands expand.Continue Reading
Written on December 28, 2020 at 7:34 am
Categories: Analysis
Fibonacci Sequence
Fibonacci sequence is used widely in many different industries in the world which is why it may sound the most familiar to you out of all the technical analysis tools we have covered so far. Leonard Fibonacci was an Italian mathematician (1200 AD) who discovered a simple sequence of numbers (Fibonacci numbers) that are usedContinue Reading
Written on December 28, 2020 at 7:30 am
Categories: Analysis
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