Technical analysis plays a vital role in helping many forex traders identify potential trading opportunities. A classic chart pattern that currency traders frequently encounter on exchange rate charts ...

Here are descriptions of a number of important reversal patterns which should help you detect them better as well as improving your trading results. Double Top and Bottom Patterns Double top patterns, ...

Japanese candlesticks are a popular charting technique used by many traders. Today, we are looking at the shooting star reversal pattern which is a popular Japanese candlestick formation and how to ...

If you've ever wondered how to make sense of the ups and downs in the forex market, here's a clue: breakout patterns. Think of them as signs that tell you when the currency price might go up, keep ...

Price-based chart patterns are my favorite trading tool. They show the balance between buyers and sellers that few other tools match. Chart patterns do not lag like moving averages and other such ...

Intraday studies show that market volatility tends to vary significantly per trading session, which is an important consideration when adapting different trading styles to a given session. In fact, we ...

While I am not a fan of referring to candle patterns using names, occasionally I become interested in a candle pattern. Of particular interest is the 3 bar reversal patterns on a daily chart, which ...

Last time we spotted this ascending triangle on the S&P500. When price action broke the lower trend line it fell substantially. Yesterday, earnings reports and fundamental news were unfavourable to ...

Price Action Trading is one of the most popular ways to analyze financial markets, favoured by many traders due to the raw price movement without any lagging indicators. This technique essentially ...