Author: Noble Trading

Double bottom is a popular trend reversal chart pattern which indicates the end of an existing downtrend and the start of an intermediate/long-term uptrend. As the name suggests, double bottom pattern is identified when the...

Chaikin’s volatility indicator measures the market volatility based on the trading range between high and low prices for a given period. The indicator was developed by Marc Chaikin and hence the name. Chaikin’s...

Global Forex market offers great flexibility to traders and suits different trading styles. Here are 4 different ways to trade Forex currencies.Currency carry trades: Forex carry trading is a popular Forex trading strategy which...

Double top is a popular reversal chart pattern indicating the end of an uptrend and the start of a downtrend. As the name suggests, the pattern is identified when the price forms two peaks of (almost) the same height. Double top...

The Week Ahead: As the tax incentive deadline for home purchases approaches April 30, new home sales rose by 22% in March. A Consumer Confidence report due out Tuesday may show another rise from the March levels. The FOMC...

In the global Forex market, the exchange rate of currencies depends on one another. Currency cross triangulation involves using a third currency to find the conversion rate and/or to convert two different currencies. Usually...

1-2-3 chart pattern is a trend reversal chart pattern indicating the reversal of an existing trend. The formation usually occurs at the end of a strong trend. 1-2-3 pattern occurs frequently in trending markets and is considered...

The Week Ahead: The fraud charges leveled against Goldman Sachs by the SEC has added a new level of uncertainty for markets in terms of the next shoe to drop in the financial sector and where this will lead to next. First...

Overtrading is a ‘must avoid’ trading practice, yet it is practiced by a high percentage of traders trading stocks, currency pairs, futures and so on. It is not that much a hard-to-overcome habit; one just needs a...

Murrey math lines (MML) is a relatively new trading indicator showing supports and resistances, and helps in finding trends and trend changes. The indicator was developed by T. Henning Murrey and has some similarity to Fibonacci...