Pivex Guides
Guides and explainers for funded traders:
challenges, risk, payouts, and market literacy.
What Is Yield Curve Inversion and Why It Matters for Traders
Short answer: a yield curve inversion happens when short-dated government bonds pay a higher yield than long-dated ones. The usual example is the 2-year U.S. Treasury yield rising above the…
ABCD Pattern: How to Measure the Legs and Trade Point D
Short answer: the abcd pattern is a four-point price structure built from three legs. Leg AB is an impulse, leg BC is a partial pullback, and leg CD repeats the direction of AB at a measured…
The ADX Indicator: A Practical Guide to Reading Trend Strength
Short answer: the ADX indicator, short for average directional movement index, measures trend strength on a scale from 0 to 100 without telling you the direction. Readings under 20 mean no usable…
Bitcoin Halving Dates and History: Every Cut So Far and the Next One
Short answer: bitcoin halving dates and history come down to four events so far. The block reward fell from 50 to 25 BTC at block 210,000 on 28 November 2012. It fell to 12.5 BTC at block 420,000…
CCI Indicator Explained: What the Commodity Channel Index Measures and How to Trade It
Short answer: the cci indicator, or commodity channel index, measures how far the current typical price sits from its recent average. That gap is then scaled by how much price has been wandering…
What Is the Death Cross and How Does It Impact Trading?
Short answer: a death cross is the moment a shorter moving average, usually the 50-day moving average, closes below a longer one, usually the 200-day moving average. Traders read it as a bearish…
Gartley Pattern: Ratios, D-Point Zone, Entry, Stop and Targets
Short answer: the gartley pattern is a four-leg pullback structure, labelled X, A, B, C and D. It marks where a correction should end and the prior trend should resume. Its defining fibonacci…
Golden Cross Explained: What the 50/200 Crossover Really Signals
Short answer: a golden cross is a chart event where a shorter moving average climbs above a longer one. The usual pairing is the 50-day moving average crossing above the 200-day moving average.…
Harmonic Patterns Explained: What the Family Shares and How to Choose One
Short answer: harmonic patterns are multi-leg reversal shapes, usually labelled X, A, B, C and D. Each leg must land within a fixed band of fibonacci ratios measured against the leg before it.…
Hawkish vs Dovish: Understanding Central Bank Policies
Short answer: hawkish vs dovish describes the two directions a central bank can lean. A hawkish stance favours higher interest rates and tighter money because inflation control comes first. A…
Initial Jobless Claims: What the Weekly Number Means for Traders
Short answer: initial jobless claims count how many people filed a first-time claim for unemployment benefits in the previous week. The U.S. Department of Labor publishes the figure every Thursday…
The January Effect: What It Is and Whether It Still Pays to Trade It
Short answer: the January effect is the observed tendency of stocks, mainly small-cap stocks, to rise more in January than in other months of the year. It was first described in the 1940s and…