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Falling Wedge

While a Wedge pattern is most often known as a Reversal Pattern, a falling wedge may be either a reversal pattern or a continuation pattern, depending on the prevailing trend factor.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Falling Wedge

Fading

Fading is a trading technique in which a trader assumes that a rapid upward movement is overdone and takes a short position on a possible reversal.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Fading

Drawdown

Drawdown is a measure of peak-to-trough decline, usually given in percentage form. In trading, drawdown refers to the reduction in your trading account from a trade or a series of trades.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Drawdown

Dragonfly Doji

A doji where it opens and closes at or near its high. The candle ends up with a tall lower shadow and no body. It is usually seen at the bottom of a move. More bullish than a hammer.

Posted byWinstone MarketJuly 20, 2020Posted inForex GlossaryLeave a comment on Dragonfly Doji

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