Technical Analysis

Technical Analysis

Best Technical Indicators for Day Trading

Day trading can be both exhilarating and challenging, requiring quick decisions and a solid understanding of market movements. One of the keys to successful day trading is the effective use of technical indicators. Technical indicators are mathematical calculations based on the price, volume, or open interest of a security or contract. By providing traders with […]

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A Strategic Approach to Setting Support and Resistance Levels in Futures Trading

Support and resistance levels are price levels on a chart that tend to act as barriers, preventing the price of an asset from moving beyond a certain point. Support levels are considered the price levels at which buying pressure is expected to be strong enough to prevent the price from declining further, while resistance levels are the price levels at which selling pressure is expected to be strong enough to prevent the price from rising further.

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