Tag Archives for " Chart Patterns "

7 Candlestick Patterns that Predict a Bullish Move

Candlestick patterns are predictive in nature, and they can predict moves in the market, bullish and bearish. The vast majority of the technical analysis tools we use require several days of data to calculate their signal. That’s why we call these trailing indicators. There are a handful of indicators we call “forward-looking” or “leading” indicators, but […]

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Trade with the Trend – Get Started Trading Series

How do you trade with the trend and not against it? When the stock is at support, and it has begun moving higher, that is your buying opportunity. However, if you are selling and the stock is at resistance and moving lower, that is your selling opportunity. You should always wait for the stock to pull […]

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How To Use Candlestick Patterns for Day Trading

One of the most frequent questions I get regarding candlestick patterns is how to apply them to the day trading scenario. You have probably noticed by now, that many of the candlestick reversal patterns include a small gap somewhere in the pattern. This is fine on a daily chart, but when you are day trading, there […]

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How to Analyze a Stock in 10 Minutes or Less

Around the world of would-be stock traders, one central question seems to be common:​Which stock is about to go up?I’ve been teaching in the stock trading world now for almost nine years. Undoubtedly, when I meet someone, and they find out what I do, this is their first question. However, I always meet their question […]

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How To Trade A Channel

What is a Channel?What is this mysterious thing that you sometimes hear about? Well here’s what happens, sometimes a stock gets stuck, and it’s moving sideways between support and resistance. Anytime you see that happening; when a stock gets stuck in what we call a trading range, moving between support and resistance, we call that […]

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The Secret to Predicting Stock Market Prices with Chart Patterns

Since the dawn of capitalism, people have been trying to find new ways to predict what is about to happen next. Some methods seem to work fairly well for a season, and then suddenly they appear just to stop working. Chart patterns are not one of these methods.Chart PatternsChart patterns are one of the few […]

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How to Confirm a Trade Setup

​In a recent class, we discussed how to confirm a trade setup. I would pick up on that for today’s blog and address some of the known challenges traders face in confirming their trades. To start, let’s point out the facts: no one wants to lose money on their trades and everyone wants ​their trades […]

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Dealing with Sideways Moves

One of the primary responsibilities of a trader is to forecast the future direction of a stock; of which, there are only three options: up, down and sideways. The majority of analysts feel as though they have not completed their forecasting responsibility unless they identify a future rise or fall. However, having a strong opinion […]

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Candlestick Patterns Which Can Predict a Reversal

When we look at candlestick pattern names, you will discover they tend to have unconventional names. These names are actually very accurate as they describe the sentiment the candlestick pattern is representing. Remember, candlesticks tell us the story of what’s happening between the bulls and the bears on any given trading day. Some of the […]

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Top 3 Candlestick Patterns for Bull Markets

It would be great if every market could always be a bull market, but it’s just not reality. Bull markets have to rest, which is where bear markets come in, and those rests are like a winter reset that sets everything up for the next big move. Are you familiar with fruit trees? Many types of […]

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