In this video, we're going to be discussing the best indicators for intraday trading - the Bollinger band and the VWAP. Best Indicators for Intraday Trading - Bollinger band & VWAP for Big Profits.
Both of these indicators are effective at predicting market behavior and can be used to make profitable trades. By understanding how these indicators work and using them correctly, you can make huge profits in the markets!
Bollinger Band - A Bollinger Band is a technical analysis tool defined by a set of trendlines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of a security's price, but which can be adjusted to user preferences.
VWAP - The volume-weighted average price (VWAP) is a technical analysis indicator used on intraday charts that resets at the start of every new trading session.
Price action trading is a systematic trading practice, aided by technical analysis tools and recent price history, where traders are free to take their own decisions within a given scenario to take trading positions, as per their subjective, behavioral, and psychological state.
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21 окт 2024