Trading Articles

Triangles is a group of famous chart patterns, with the most famous being the symmetric triangle. In this article we will teach you how to trade these formations for maximal profit.

Symmetric Triangle

This article will be focused on a well known chart pattern, the Rounding Bottom. It is not a common pattern, though when identified it can give excellent trading signals due to its long creation.

Illustration

The ability to identifying Ranges and Trends is crucial for your trading success. In this article we will describe the difference between the two, introduce a simple tool to differentiate and the trading attitudes one must implement in each phase to maximize its profits.

Background
We will start by several declarations:
Trend - Directional movement of price.
Range - Random movement of price, usually from levels of Support and Resistance and without any order or direction.

The Engulfing pattern is a strong candlestick formation, which is used to confirm many signals and chart patterns.
In this article you will learn how it is identified and used in trading.

Structure
The Engulfing pattern is constructed of two bars:

1. Bullish Engulfing Pattern is constructed of two bars, which the second one opened below the first, and closed above - engulfing the first candle