Would you like to learn about Chart Patterns and how to trade them? Would you be interested to learn what they are and how they form so that you can recognise one when it appears on your chart? Great, then we have the answers for you. Dive on in. ...
Because to be honest, I find that some of them are useless. For example, a chart pattern like the diamond chart pattern. First and foremost, I don’t understand what it means in the context of price action trading. And even if I do know what it means, it’s difficult to define my ...
Why are Graphs and Charts used to Visualize Data?We had to include this sub-topic because sometimes, you need to go back to the basics to understand why you do things.So why do we use charts for data visualization?Data on its own cannot inspire imagination. And this is because we’re ...
It's important to understand support and resistance are merely psychological levels, but they can nevertheless be useful for traders who are developing a trading plan. Reversals and breakout patterns Within a stock chart, certain repeatable patterns may appear that can provide clues to help determine...
Some people think history has nothing or little to tell us. Others believe that studying the past history can help us better understand the present. Discuss both views and give your own opinion. Give reasons for your answer and include any relevant examples from your own knowledge or experience...
When learning how to invest in stocks, stock charts can seem overly technical at first. Talk of moving averages, chart patterns, relative strength lines and other terms can scare off beginning investors. But put aside all the jargon of technical analysis to understand what stock charts really ...
Think ofchart patternsas a land mine detector because, once you finish this lesson, you will be able to spot “explosions” on the charts before they even happen, potentially making you a lot of money in the process. Chart patterns are like that funny feeling you get in your tummy right...
. By learning the visual cues of these patterns,investorscan make better informed decisions when trading foreign exchange. In this article, we will provide an introduction to the three of the most commonly usedForexchart patterns – reversal patterns, continuation patterns and rectangle patterns....