Bollinger Bands

Technical chart patterns are one of the easiest ways to get started with technical analysis of the financial markets. The fact that the chart patterns are divided into either continuation or reversal patterns makes it easy to distinguish between them. Most traders shun any price action based technical approach due to the subjectivity involved...

2018-01-25 John Benjamin Read more
Australian Dollar_AUDUSD_2403

The Australian dollar was seen re-testing the familiar 0.7680 resistance level after prices previously pulled back falling to a 7-week low. The price action near 0.7680 remains critical as AUDUSD has chalked out a symmetrical triangle pattern with the possibility of a bullish breakout. The Aussie managed to keep its gains despite the U.S. Feder...

2017-03-24 John Benjamin Read more
Tricks of the trade_Head and Shoulders pattern

In the past couple of articles, we looked at some ways on how traders can get an early start into trading an evolving head and shoulders pattern as well as some tips in how to set more achievable targets when trading this commonly found and one of the simplest chart patterns. You can read more here on the previous two articles. Tricks of...

2017-03-01 John Benjamin Read more
Tricks of the trade_Head and Shoulders pattern

In the previous article, Tricks of the trade – The Head and Shoulders pattern, Part 1, we look at how a few simple tweaks can increase the hit rate when trading the head and shoulders pattern. In this second part, we look at some advanced techniques which can alert you in pre-positioning your trades long before the rest of the crowd. A with a...

2017-02-01 John Benjamin Read more
Tricks of the trade_Head and Shoulders pattern

How to catch better entries with the Head and Shoulders Pattern? In this series of articles learn the different ways you can trade the head and shoulders chart pattern. The first part of this article deals with setting more realistic target levels on the head and shoulders pattern. Among chart watchers and technical analysts, the head and shoul...

2017-01-26 John Benjamin Read more
Pattern

Trading with chart patterns can be one of the simplest ways to find highly profitable trade setups. Despite the ease of trading with chart patterns, there is quite some subjectivity involved which can be a put off for newcomers. While there are many different chart patterns, one of the most commonly occurring pattern is the wedge pattern. Class...

2016-08-17 John Benjamin Read more