Master Chart Pattern Analysis by Recognizing Market Stages
30 of November, 2010
by, Raghee Horner Chart patterns and market stages are pieces of the same puzzle. Trying to use one without the other will only lead to an incomplete picture. The patterns identified by Autochartist and the results do incorporate trend and direction. It is for this reason that any trader who uses charts and chart patterns [...]
Learn to Reduce False Breakouts
29 of November, 2010
by, Raghee Horner The number one challenge all traders face seems to be the most difficult one to solve – how to eliminate false breakouts and whipsaws. This challenge is not one that chart pattern traders face alone – it is a problem that all traders face. However, chart pattern traders are uniquely positioned to [...]
Momentum Drives Breakout
28 of November, 2010
By: James A. Hyerczyk A breakout either to the upside or downside draws attention of both novice and expert traders as it represents movement, often after a long period of inactivity. Let’s face it, after watching a market move sideways on low volume inside of a narrow range, traders get antsy as the market is [...]