Having a solid understanding of basic chart patterns is one of the best tools a trader can have in their arsenal. When most new traders look at a chart, all they see is random action and they are completely confused by what is happening on their screens. However, traders that have learnt to look for basic patterns repeating themselves are able to put price action into an understandable context and make actionable predictions based on expected outcomes.
At Littlefish, we are constantly testing and trialing our indicators to enhance the returns these indicators can deliver. One of the excellent ways of achieving improvement in returns is combining indicators for additional confirmation for trading sets ups. Today I would like to take look at one of my favorite combination plays. Using the VWAP […]