The ABCD pattern is a simple yet powerful tool in the arsenal of any forex trader, offering a clear structure to spot potential price reversals and continuation moves ...
Day trading is all about recognizing patterns in stock charts, and no concept is more important for new traders to learn than ABCD pattern trading. This pattern ...
If you are looking for a reliable and profitable way to trade the forex market, you may want to learn about the three drives pattern. This harmonic chart pattern can help you identify reversal points ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Gold stalled near trend highs today following a brief new record high of 2,305 reached earlier in Thursday’s trading session. It is on track to close in the red for the day but retains a series of ...
Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...
Natural gas continues to retrace its previous gains, falling to a 2.59 low on Thursday, and thereby dropping below last week’s low of 2.62. Also, it is on track to close below last week’s low as of ...
A pattern day trader is a trader who makes four or more qualifying day trades in a five-day period. To qualify as a pattern day trader, the individual must meet two additional criteria. The person ...
Pattern day traders must maintain a $25,000 minimum balance to trade. Accounts are flagged for pattern trading with 4 same-day trades in 5 days. Exceeding day trade limits triggers a margin call, ...