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There are 3 distinctive styles of 1:1 CORRECTIVE geometry.
Chapter 8_1
When a trend appears to be established it will keep confirming its direction by not overbalancing to prior corrections of similar swing degree.
In simple terms 1:1 corrections will form first in the minor degree swings, then...
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Editor: huonglinh
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Continuation patterns indicate that the sideways price movement on the chart is just a pause in the prior trend and that the next movement will be the continuation of the direction preceding the formation. When these patterns appear on the chart they indicate that the trend is likely to resume...
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Editor: taphuong
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If a market forms a Double Bottom after a selloff, but before the bull takes off, and it then has a pullback that tests just above the Double Bottom low, this is a Double Bottom Pullback long setup. The market made two attempts to go down, and both times the buyerS overwhelmed the sellers around...
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Channel lines, or as they are sometimes called return lines, are additions of two parallel trendlines which act as support and resistance levels. As we have already covered, an up trendline connects a series of peaks, while a down trendline connects a series of troughs.
Drawing a channel line is...
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A trend is usually defined in the markets as a general direction that net prices are moving. There are three kinds of trends, and all of them can be highly profitable when traded properly. All three kinds of trends have a be-ginning and an end. Additionally, the end of one trend usually signals ...
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Welcome to the second part of “Your First Indicator” lesson.
In the previous lesson we didn’t write any line of code, that’s because the New Project Wizard wrote all the code for us. Thanks!
Today we are going to add few lines to the code the wizard had generated to make our program more useful....
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Editor: taphuong
It's the Golden Rule: Treat others like how you would want to be treated. #ThankfulThursday - bit.ly/ExpectationBook
SIMPLE PATTERN ENTRIES:
Chapter 11_1
These are some of the basic patterns that will form in the intraday 5 minute bars. These patterns will give you a specific entry level to place orders in advance.
You can use these patterns in conjunction with your 5 minute TWS indicator acting as your...
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Two strangers hiding their own life-long secrets. Can pretending to be married…be that hard?
The town of Greenlock shuns the daughter of the mortician. Day after day, Lauren begrudgingly has to take over her father’s duties creating despondence in her tender heart.
Then a voice...
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