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In Trending Markets, Use These Candlestick Continuation Patterns
2008-11-24 11:07:00
If you want to be popular and respected among traders, call every reversal point accurately. Warn traders when the top is forming, and inform people to prepare for the bottom. If you can do that with pinpoint accuracy, I guarantee that you will be a star. You will be the most sought-after person in the trading community. The Engulfing pattern, the Harami pattern, the Shooting Star, Morning and Eve
Read more: Candlestick , Markets , Patterns

Chart Patterns to Avoid: Climax Top Off a Parabolic Move
2008-11-17 10:28:00
This pattern occurs when a stock rises very quickly out of a base and gets overextended. Stocks in a Parabolic Move can double or triple in value in a very short period of time (usually less than two weeks). As an investor you certainly don't want to be one of the last passengers on the train and get quickly thrown off. Some examples of this pattern are shown below. Notice the quick move upward in
Read more: Avoid , Chart , Climax , Patterns

Trade Broken Trendlines Without Going Broke
2008-12-15 11:34:01
Plotting trendlines onto a chart is one of the easiest ways for technical traders to get a quick idea of an asset's direction. As you may know, trendlines come in a variety of different forms and they can greatly vary in length and significance. In this article, we'll take a look at an 11-month trendline that we identified on the chart of NVR Inc. (NYSE: NVR) in our June 12, 2007 ChartAdvisor news
Read more: Trade , Broken , Going

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