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Since the introduction of harmonic patterns in Harold M. Gartley’s 1935 book, Profits in the Stock Market, a lot has changed. So it’s inevitable that the original Gartley 222 pattern would undergo som...

Discover how to use Fibonacci retracement levels to calculate support and resistance in forex trading. Learn strategies for effective Fibonacci trading on FXTM.

When trading, the balance refers to the amount of money a trader has in their trading account. However, it’s important to remember that this amount does not include any profits or losses a trader migh...

Now that we are familiar with the principle of trend, it’s time to get into more detail about the three main types of trend directions. Let’s talk about uptrend first. An uptrend is a series of suc...

A trend reversal marks the end of an existing trend and the beginning of a new one. A reversal may happen in any timeframe and can mean the difference between a big win, a break-even, or a loss. Being...

You may have already heard popular phrases like “The trend is your friend” and “follow the trend”. But, what is a Trend, exactly? In its simplest definition, a Trend means the direction of the market....