“X marks the spot” might be true for treasure maps, but on stock charts, the W is the letter some traders look for. W pattern trading is a common strategy employed by swing traders looking for trend ...
For day traders, a brokerage account isn’t enough to trade effectively. In-depth technical analysis demands specific pattern trading software. While many brokerages offer tools to make pattern ...
If you want to succeed in trading, you need more than just luck or intuition. You need a clear understanding of market behavior, proven strategies, and tools that help you make better decisions. At ...
Diane Costagliola is a researcher, librarian, instructor, and writer who has published articles on personal finance, home buying, and foreclosure. Investopedia / Laura Porter A double top is an ...
Many years ago, when my wife and I first made a home together with three children by a prior marriage, we encountered a problem. The kids complained that I was taking too much time in the shower in ...
You can violate the pattern day trader (PDT) rules without realizing it. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. For active ...
Technical analysts believe that stock prices often trade in patterns, as the motivating driver behind the movement of stocks is humans, and humans exhibit the same emotions when it comes to their ...
A bull flag pattern is a bullish trend of a stock that resembles a flag on a flag pole. The stock history shows a sharp rise which is the flag pole followed by an up and down trading pattern. Learning ...
Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...