Previous close refers to a security's last traded price at market close from the prior day. Learn its implications for trading strategies and analysis of price movements.

Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...

Traders often use the cup and handle pattern in technical analysis to look for possible bullish continuing patterns in the market. This pattern has a cup-shaped shape at the beginning, followed by a ...

As just about any experienced forex trader will tell you, technical analysis plays a pivotal role in identifying profitable trading opportunities. Occupying a well-established place among the classic ...

Capital requirements often stop many beginners in their tracks. You want to trade, but then you hear a dozen different numbers. One person says you need a small fortune. Another says you can start ...