Psychological Line: Trading Round-Number Levels

Psychological levels are one of the simplest forms of market structure. They are not a formula-driven oscillator, and they do not claim to predict direction. A Psychological Line is best…

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Parabolic SAR Settings: Chart Behavior and Trade Rules

Parabolic SAR is a trend-following indicator that plots a series of dots above or below price. SAR stands for “stop and reverse,” which describes its original purpose: it acts like…

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