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 ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

You can violate the pattern day trader (PDT) rules without realizing it. The consequences for violating PDT vary, but can be inconvenient for investors who are not actively trading. For active ...

Technical trading patterns can often be difficult to spot with the untrained eye. An experienced trader can spot pennants, wedges, and double tops whereas a novice might only see a random assortment ...

There was a time years ago when the only people able to trade actively in the stock market were those working for large financial institutions, brokerages, and trading houses. The arrival of online ...

Reversal pattern trading is one of the many ways you can take advantage of the market fluctuations. The key idea is to identify a trend change, and profit from the new trend. In the forex market, you ...

The Bitcoin megaphone pattern features at least two higher highs and two lower lows, forming an expanding structure. Connecting these highs and lows with trendlines creates a megaphone-like appearance ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician ...

Life is full of patterns, and those who recognize them will quickly find themselves ahead of the pack—especially when it comes to a pattern trading strategy for securities. As the name implies, a ...