Trading the Pennant and Flag pattern

According to Thomas Bulkowski, one of the most profitable technical patterns is the high and tight flag, breaking higher. According to Bulkowski, when properly recognised, it can reach a target…

Learning to trade

If you wanted to be a doctor you would go to medical school, a lawyer and you would go to law school. If you wanted to learn a musical instrument…

What is a trend?

One of the simplest questions that new traders often need answering is, ‘what is a trend?’. This article will define what a trend is, explain the purpose of identifying it,…

How to trade in uncertain markets

There are easier and harder times to trade. Sometimes the outlook for an asset is so clear, so straightforward that the timing of your entry does not matter as the…

Understanding ‘Sentiment’

The sentiment is simply the current mood of the market. The market, like a person, is subject to different moods. Correctly reading the market’s mood is crucial in making a…

How to avoid summer sadness when trading

During the summer months, large market players go away on their vacations. The lack of market participants means that volumes can drop, ranges can narrow, and volatility can increase due…

HYCM Lab is a financial analysis source that provides regular insights on how global news affects the markets including forex, commodities, stocks, indices, and cryptocurrencies*. Run by the HYCM team, it equips traders with everything needed to make informed trading decisions.