Falling Wedge Pattern explanation, tips and breakout

The break of this wedge eventually lead to a massive loss of more than 3,000 pips for the most heavily-traded currency pair. There is one caveat here, and that is if we get bullish or bearish price action on the retest. In which case, we can place the stop loss...

Gross Profit Margin Calculator

This metric is calculated by subtracting all COGS, operating expenses, depreciation, and amortization from a company’s total revenue. Like the gross and net profit margins, the operating profit margin is expressed as a percentage by multiplying the result by...

Accrual Basis Accounting vs Cash Basis Accounting

The accrual of revenues and assets refers to revenues and/or assets that a company has earned, but the company has not yet received the money nor has it recorded the transaction. The accrual of revenues will usually involve an accrual adjusting entry that increases a...