With that said, we can see that the two patterns are a complete mirror of each other. The bullish harami pattern often forms when a downtrend or pullback phase is “exhausted”—meaning the bearish momentum...

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A bullish Harami occurs at the bottom of a downtrend when there is a large bearish red candle on Day 1 followed by a smaller bearish or bullish candle on Day 2. A bearish...

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The ATR is one of the best technical indicators for day trading because it allows you to add or subtract ATR prices from the average closing price of the day. Traders can essentially use...

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Mixing up a few indicators together can help cross-check and confirm initial assumptions. They also provide you with more accurate exit and entry points in the market. Since the SDI compares current against historical...

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It plays an important role as an indicator as to how the margin can be increased. A low breakeven point indicates that the company will begin to profit sooner, whereas a high breakeven point...

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Similarly, you might be paying for a premium piece of software, while only using the basic features offered by the tool. To get this more granular view, you’ll need to conduct break-even analysis for...

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Break-even analysis can also assist in identifying where to cut costs without cutting corners and compromising on quality. By analysing fixed and variable costs, you can see where savings can be made. For example,...

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A break-even analysis is an accounting process that determines the point at which a business investment will be on the verge of becoming profitable. In the main, they’re a critical element of financial projections...

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Traders have the flexibility to customize these rules based on their trading preferences and objectives. Once the rules and parameters are defined, the EA is ready to be applied to the charts within the...

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While EAs are designed to follow specific rules, they may not always adapt to sudden market changes or unforeseen events. Therefore, it is crucial to monitor and adjust your EA’s settings regularly to ensure...

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