XELA had a great run but is the steam running out? Lower volume day on 7/14 in tandem with the big drop. However, there are a few levels to keep track of. First, the 382 fib line. XELA was denied at this level twice this week with the second time resulting in the breakdown. BUT you've also got the 50 Fib,which has rarely acted as a major support BUT was a...
The FTSE 100 is in a "bullish price channel" as it has a positive slope with the upper trend line marking resistance and lower trend line marking support. We are long the FTSE 100 and the dividend yield for 2019 should be close to 5% which provides positive income for holding the position even through a leveraged product that incurs financing charges (ie: a CFD...
The market strives to close the gap To perform successful Trading the Gap strategy you have to follow close economic calendar and price movements on important economic events. It does not use any indicators and the trading signal occurs exclusively in the situation on the chart. Below we are going to look in details at the description, as well as the opportunities...