Category Archives: Strategies

What is a reversal day? A top reversal day is when a price trades higher than the previous day’s trading session, but closes lower than the previous day’s close. As you might expect, a bottom reversal day is the opposite of this – when there is a lower low than the previous day and a…

What are Bollinger Bands? One of the most well known technical indicators, Bollinger Bands are typically represented as three lines overlayed on a daily bar chart. The middle line is a moving average, most often a 20-period. Two more lines run parallel to the middle line, with the distance from the centre line varying depending…