Why do chart patterns fail?

The failed head and shoulder formation in DOW has hardly gone any daytraders by. The pattern was diligently divided into various forums and several wrote that it is now that ...

The Wedge Formation

When you are a new daytrader and you start learning about technical analysis, you often meet a lot of exotic names on so-called chart patterns. It may seem quite overwhelming ...

2 Bar Reversal

In this article, we will look at one of the better price action price patterns called 2 Bar Reversal. The pattern is originally known from the popular book  ”Trader Vic: Methods ...

Daytrading with fractals

When we teach daytrading around the country, fractals are always a constituent part of the curriculum. Fractals help make it easier and more objective where to draw the trend lines, ...