Popular in Course
verified elite notetaker
Popular in Business
This 15 page Document was uploaded by an elite notetaker on Sunday December 20, 2015. The Document belongs to a course at a university taught by a professor in Fall. Since its upload, it has received 6 views.
Reviews for Analyzing-Technical-Chart-Patternsvideo
Report this Material
What is Karma?
Karma is the currency of StudySoup.
You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!
Date Created: 12/20/15
New Video Tutorial Visit MarketGeeks.com Technical Analysis Trading Report Please Subscribe To Our Channel Swing Trading Videos & Trading Tips! Several Requests From Beginners Introduction To Technical Analysis & Charting Learn Basic Chart Patterns Good Review For Seasoned Traders History Repeats Itself This Is The Basic Assumption In Technical Analysis Technical Patterns Are Based On Human Behavior Human Behavior Is Not Random Chart Patterns Repeat Just Like Human Behaviors Traders Use Chart Patterns To Help Predict Future Market Behavior Computers Did Not Destroy Visual Analysis Professional Traders Did Not Abandon Charts Some Traders Use Charts And Technical Indicators Some Traders Prefer Charts Over Technical Indicators Basic Technical Analysis Is More Popular Than Ever There Are 2 Type Of Trading Patterns Reversal Pattern Trend Reverses After Reversal Pattern Completes Continuation Pattern Trend Continues After Continuation Pattern Completes The Head And Shoulders Pattern The Head And Shoulders Pattern Neck Line Neck Line The Double Top And Double Bottom Similar To Head And Shoulders Pattern Formed After Sustained Momentum Move Signals Reversal Of Trend The Double Top And Double Bottom Double Top – 2 Attempts To Move Higher Double Bottom – 2 Attempts To Move Lower Continuation Chart Patterns Opposite Of Reversal Patterns Typically Seen After Volatile Move Occurs Creates Low Risk Entry Opportunity The Pennant And Flag In A Pennant Middle Section = Converging Trendlines In Flag Middle Section = Channel Pattern & No Converging Trendlines Both Patterns Are Continuation Patterns Things To Remember - Continuation Patterns Opportunity To Enter Volatile Market During Quiet Period Provides Great Risk To Reward Profile Very Popular For Swing Trading & Day Trading Difference Between Continuation And Reversal Patterns After Reversal Pattern Completes The Market Reverses Direction After Continuation Pattern Completes Market Continues Direction Thanks For Watching Visit MarketGeeks.com Download Free Swing Trading Report Please Subscribe To Our Channel Short Term Trading Videos & Trading Tips!
Are you sure you want to buy this material for
You're already Subscribed!
Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'