What is the bulls and bears power indicator?
The Bulls and Bears Power indicator was developed by the well-known technical analyst Alexander Elder and is described in his book, Trading for a Living. Although the concept may at first seem slightly complicated, it is actually very simple and uses just the price and an exponential moving average. Let’s study the two components:
Trading Articles
Trading Articles
Educational articles for all types of traders of all levels. Get a grasp of how CFDs work with our guides and find out more about trading in general.
See AllHow to Identify Different Types of Candlestick Patterns?
Candlestick charts are many traders’ favourite way of looking at price movements of a share or commodity. Let’s take a closer look and see how to identify different types of candlestick patterns.
Elliot Waves: phases and rules
An Elliott Wave has two basic phases this may seem complicated at first, these types of phases are much easier to understand once visualised on a chart.