After Hours is the trading session outside of RTH. Most of the time the liquidity during AH is not very good, making erratic price movements more likely.
Consolidation that drift down slowly after an up swing. A bullish continuation pattern. The bearish version of bull flag is a bear flag. You can find detail explanation of the ...
3 short thursts in the same direction yet price does not gain much ground in that direction. A reliable pattern pointing to short term exhaustion and that a pullback is ...
Inverse Head and Shoulder is the upside down chart pattern of Head and Shoulder. Contrary to popular subjective usage or description, IHS should not have its right shoulder dropping below ...
Federal Open Market Committee (FOMC) of the Federal Reserve in United States holds regular meetings on its interest rate and other monetary policy decisions. The post-meeting announcements are widely monitored ...
Many people use simple moving averages as a way to tell the direction of the markets they trade. More interestingly, however, are bots built around these moving averages that can ...
Classic chart pattern pointing to potential moves to higher price level. Its bearish version is called double top. Detail description of Double Top can be found here.
Daytraders from the old days mostly are floor traders. They did not have access to charts, or pretty much nothing else. Having pre-calculated price levels derived from previous trading day, ...