Nowadays, many markets trade 24 hours a day. That was not the case before this Internet age and most businesses/trading firms still operate within normal day time hours based on ...
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 ...
Open range for a timeframe is the range established during the initiation process in STOPD. It is a yardstick good for measuring the price behaviour dynamically. For example, for intraday ...
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 ...
A Wedge in chart often points to weaknesses in current expansion direction. It is a common reversal setup. A Falling Wedge is a chart formation with lower high and ...
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 ...
Classic Tick Index from NYSE is a broadcasted real-time market breadth data. It is a market timing tool. Tick indices we used here are customized Tick Indices created from specialized ...
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, ...
Trader or bot whose primary function / objective is to profit from the orderflow of a market. For some market, the privilege of being a market maker also comes with ...