Posts Tagged by chart patterns

Setting Stop Levels When Trading – How, Why & Where.

Stop levels are an often overlooked aspect of trading, and yet they are one of the most important.  Many traders spend hours, days and years searching for the ideal entry criteria, when they could simply adjust how they set stops to become more successful. Too often traders place stops at arbitrary levels which means they…

Introduction to “Continuation Patterns” – Triangles

I love chart patterns and recently wrote a several part introductory series for Investopedia on how to trade them.  You can check out the first article here: Continuation Patterns: Triangles By Cory Mitchell, CMT There are three types of triangles: symmetric, ascending and descending. For trading purposes, these formations are similar when you look at the information…

A Trader Walks Into A Bar…Pattern. HOP-portunity On Tap

Yikes…bad title, but it leads to something interesting…bear with me. Anyone who has poked around this site, read my articles in magazines or online knows that I have a bit of a thing for patterns.  I wrote a book on them, have posted videos and done seminars….all on patterns.  But you may have already read my…

Learn this Chart Pattern from AKAM

This stock looks lower based on a classical technical pattern This is the first time I have looked at this particular stock and it appears to chart beautifully. The stock I am referring to and analyzing today is Akamai Technologies Inc. The symbol for this stock is AKAM and it is traded on the NASDAQ.…

Answering Your Trading Questions

I write for a lot of different sites and magazines aside from this one, and I get all sorts of questions from stock market questions, to forex questions, to general trading questions and also on specific techniques. So, I am going to go over some of the questions that are commonly asked and also give…

GBP/USD Day Trade Setup – July 16

The GBP/USD currency pair has formed a downward sloping flag formation.  This sets up a potential trade, and due to the action leading into the current formation, we have multiple profit targets. A break above the upper channel line (see chart) indicates a swing higher with a target of 1.6500.  A move aggressive target is…

AUD/USD Potential Day Trade

Here is a potential trade which is likely to materialize in the late London or early US session.  The AUD/USD has consolidated in a narrow band (happens often around this time of day), and is likely to have a breakout on the 30 or 15 minute chart.  The bias is upwards indicated by the pattern…

GBP/JPY Day Trade Idea – 15 Minute Chart

It is June 9 and I just got back from a short trip which was why there was no updates over the last week. Some large moves occurred and hopefully you were all able to capture some profitable trades. The GBP/JPY has formed an ascending triangle which provides a potentially good trade set up. This…

Chart Patterns Ebook Release

My apologies! The Buy Now buttons are now working. I got a few emails that they were not working. The issue should be fixed now. Again, my apologies and have a great day! ———– For a limited time I am releasing my new ebook “Profiting From the Forex Market Using Chart Patterns.”  The price right…

My Forex Trading Ebook to Be Released Soon!

Hello All, My trading ebook “Profiting From the Forex Market Using Chart Patterns” will be available for purchase over the next 24 hours on this site! The book will be available for a limited number of copies on this first run, so check back soon to get yours. Chart patterns provide a complete trading system…

GBP/USD Forex Day Trading Signal-15 Min Chart, May 11

Still having some issues with some of the page links on the site.  The issue is being worked on, and hopefully we will have everything back to fully functional soon.  Thanks again for your patience. May 11 5:51 AM GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency…

USD/CHF Forex Swing Trade Signal – 4 Hour Chart, May 7

May 07 8:07 PM GMT The following is a forex market commentary based on technical analysis for the USD/CHF currency pair. It is based off of a 4 hour chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the…

USD/JPY Forex Day Trading Signal – 15 Min Chart

May 07 6:05 AM GMT The following is a forex market commentary based on technical analysis for the USD/JPY currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the…

EUR/USD Forex Day Trading Signal – 15 Min Chart

May 07 2:14 AM GMT The following is a forex market commentary based on technical analysis for the EUR/USD currency pair. It is based off of a 15 minute chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the…

GBP/USD Forex Swing Trade Signal – Daily Chart

May 06 6:53 PM GMT The following is a forex market commentary based on technical analysis for the GBP/USD currency pair. It is based off of a daily chart. Trading ideas or trading signals can be generated based on your own risk tolerance and time frame. Please read the latest How to Use the Trade…

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