A risk-reward ratio compares how much you stand to lose on a trade to how much you stand to gain. It is arguably the most important number in your trading plan, because it determines whether your strategy can survive a normal losing streak.
The Relative Strength Index is one of the most popular indicators in trading. It is also one of the most misused. Understanding what RSI actually measures, and what it does not, is the difference between a useful tool and an expensive distraction.
Moving averages are probably the most widely used indicator in trading. They appear on nearly every chart, in every asset class, across every timeframe. At their core, moving averages smooth out price data to reveal the underlying trend.
A candlestick chart is the default view on almost every trading platform for a reason. Each candle packs four data points into a single visual shape that tells you what buyers and sellers did during that time period.
Support and resistance is the most fundamental concept in technical analysis. Every chart pattern, every indicator, every trading strategy ultimately comes back to the question: where is price likely to stall or reverse?