Wedges are a multiple price wave reversal pattern. Wedges form when the waves of an asset move within a narrowing range, angled either up or… ( Read More )
7.Chart Analyzing Tutorials: Flags And Pennants
Flags and pennants are continuation patterns. They are traded in the same way, but each has a slightly different shape. The terms flag and pennant… ( Read More )
6.Chart Analyzing Tutorials: Triangles
The triangle can be a continuation or a reversal pattern. Although, more often it is a continuation pattern. There are three types of triangles: symmetric,… ( Read More )
5.Chart Analyzing Tutorials: Double Top And Double Bottom
Double tops and bottoms are reversal patterns. A double top signals the price is no longer rallying, and that lower prices are potentially forthcoming. A… ( Read More )
4.Chart Analyzing Tutorials: Cup And Handle
The cup and handle is both a continuation and a reversal pattern. The reversal pattern marks the end of a downtrend, and shows the price… ( Read More )
3.Chart Analyzing Tutorials: Head And Shoulders
The head and shoulders (HS) is a reversal pattern signaling the prior trend is reversing, or has already reversed. The HS top alerts traders that… ( Read More )
2.Chart Analyzing Tutorials: Why Charts?
The size of a chart pattern, and where it occurs within a trend, provides clues as to how big the next price move will be… ( Read More )
1.Chart Analyzing Tutorials: Introduction
Technical traders use the price history of any asset, and the price patterns that form, as a basis for making trading decision and analysis. This… ( Read More )
What is Scalping?
Scalping is a trading strategy geared towards profiting from minor price changes in a stock's price. Traders who implement this strategy place anywhere from 10 to a… ( Read More )
What is a Day Trader?
A day trader executes short and long trades to capitalize on intraday market price action resulting from temporary supply and demand inefficiencies. BREAKING DOWN Day Trader A day trader often closes… ( Read More )