Head and Shoulder is a classic chart pattern that has been used abusively by many people or amateur chartists. There is only one form of HS that has statistical significance. ...
Non-Farm Payroll report is an highly anticipated economic report with major significance in moving both stock markets and forex majors. See its Survival Guide for more details.
After Hours is the trading session outside of RTH. Most of the time the liquidity during AH is not very good, making erratic price movements more likely.
Consolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...
Many people use simple moving averages as a way to tell the direction of the markets they trade. More interestingly, however, are bots built around these moving averages that can ...
Daytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...
It has many names as it is discovered and rediscovered again and again by different people.
When you see a move, say an up move, retracements are expected. If a retracement ...
A terminal pattern for downtrend. Bearish version of this pattern is known as Wyckoff Up Thrust. Detailed explanation of W. Upthrust can be found in this article