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Trading Course

An ascending triangle is formed by horizontal resistance and diagonal support, while a descending triangle has horizontal support and diagonal resistance. Oscillator divergence can signal possible reversals or unusual movements by identifying inconsistencies within a trend. Fibonacci retracements, like support and resistance, can offer counter-retail opportunities for traders. The main purpose of practice trading software is to understand trade mechanics, as benefits are limited without being taught full trading strategies including entries, exits, and risk management tailored to one's lifestyle. The largest simple moving average value has the largest lag in reflecting price changes, while the exponential moving average reacts faster.

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234 views

Trading Course

An ascending triangle is formed by horizontal resistance and diagonal support, while a descending triangle has horizontal support and diagonal resistance. Oscillator divergence can signal possible reversals or unusual movements by identifying inconsistencies within a trend. Fibonacci retracements, like support and resistance, can offer counter-retail opportunities for traders. The main purpose of practice trading software is to understand trade mechanics, as benefits are limited without being taught full trading strategies including entries, exits, and risk management tailored to one's lifestyle. The largest simple moving average value has the largest lag in reflecting price changes, while the exponential moving average reacts faster.

Uploaded by

Ilaria Marchese
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Trading course

An Ascending Triangle is - A combination of horizontal resistance and diagonal support


A Descending Triangle is - A combination of Horizontal Support and Diagonal ResistanceThe
Preferred Method of utilising Triangles is: To react to a breakout in either direction, though
particular attention is paid in favour of the diagonal direction
Oscillator Divergence is: Particularly useful in bringing the traders' attention to possible
inconsistencies within a particular movement, potentially signalling a reversal or otherwise an
unusual movement
Fibonacci Retracements can: Offer opportunities similar to Support and Resistance, Channels
and Triangles for Academyft style approaches due to the potential Counter Retail Opportunities
The main purpose of practice/simulation software is which of the following: Merely understanding
the physical mechanics of placing trades since the benefits of practice trading over and above this
are limited unless the trader has created or is being taught full complete trading strategies ie exact
entries, exact exits, exact risk management to suit his or her lifestyle.
Which Moving Average has the largest lag/is the slower to reflect price change? The largest
SMA value
Which Moving Average reacts Faster to price changes: The EMA - Exponential Moving Average

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