Regardless of what legendary investors (Like Warren Buffett ) or famous traders do, we always should trade our own strategy.
OXY was fighting with a strong static resistance and finally lost the battle. We have 9 hits to this static line which shows how powerful it is.
False break outs are among the most common traps in trading . Although the concept is very...
False Break outs impose considerable loss to traders. How to recognize a false break out?
To recognize a false break out we should first learn what is a true break out? In fact,simply, Every break out which is not a true one is a false break out.
BTC in it's recent movements shows two beautiful example of false break outs. As shown on the chart, we have a...