Double Top

End of month trading is different from other trading days because several classes of market participants would join the game during this time. Long side only funds often make adjustments ...

2012 started the year with a 20+ points gap to the upside from 2011 close. And that gap was never filled. It is the first time in S&P history ...

Following is the Emini S&P continuous contract with RTH only data. I have marked the days with matching color to the moving averages where ES has tagged. ...

Due to the many limitations day trading has, a day trader cannot apply chart reading the same way like a swing trader whose primary timeframe is daily or weekly level. ...

Part of Art of Chart Reading Price discovery is the process of buyers and sellers interacting at the marketplace to determine the price of an asset. If this sounds like ancient ...

Runaway Long is a chart pattern on Emini S&P 5-minute that works well as a scalping setup on the long side. It is also a pattern to watch out for ...

Part of Art of Chart Reading Pockets have a very special position within the core set of chart patterns. Unlike any other chart patterns, pockets are not defined by what is ...

There are quite a number of patterns that work around the weekly STOPD price levels giving us a solid edge. This one is a classic bearish continuation setup. Net ...

Part of Art of Chart Reading There are chart readers who use many patterns. They use so many patterns you have to wonder if it is feasible to recognize them all. ...

Part of Art of Chart Reading Channels is an interesting structural behaviour with non-random price movements. With purely random generated data series, channels rarely show up. It is one of the ...