Trading Foundations
Trend, timeframes, bar close: the concepts every trading decision rests on.
Why wait for the bar to close before trusting a signal?
Bar-close confirmation means treating a signal as real only once its candle has finished; the signal then no longer changes, at the cost of arriving a little later.
BeginnerAURORA StandardAURORA Pro6 min readMulti-timeframe context
Multi-timeframe analysis reads the trend on higher timeframes for context, then uses the trading timeframe to time entries in that direction.
BeginnerAURORA StandardAURORA Pro6 min readWhat is a trend?
A trend is price's dominant direction on a given timeframe, usually described by a sequence of rising highs and lows (up) or falling highs and lows (down).
BeginnerAURORA StandardAURORA Pro6 min read
In preparation
- Moving averages: SMA and EMAComing soon
- What is RSI?Coming soon
- What is MACD?Coming soon
- What is the Stochastic oscillator?Coming soon
- What are Bollinger Bands?Coming soon
- ADX and DMIComing soon
- Ichimoku Kinko HyoComing soon
- Price–indicator divergenceComing soon
- Why stacking indicators does not improve signalsComing soon