Trading For Beginners

Parabolic Trading System

This particular technique has been around a long time and is still widely used by many analysts because of its adaptability to most markets. History The parabolic time/price system was first introduced by J. Welles Wilder Jr. in his book ‘New Concepts In Technical Trading Systems’. It is very often referred to as the SAR [...]

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Double Tops & Bottoms

Double tops and double bottoms appear frequently in nearly every market and time frame and are great indicators of a potential trend reversal. I like this type of patterns as it offers a logical entry and exit point and often reaches the price objective quickly. As the name implies this pattern consists of two peaks [...]

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Outside Days

Outside days can occur frequently on daily charts. The secret of the outside day is the bigger the better and it has more meaning if found at the end of a trend. They can be short lived and I always take my profit quickly. The outside day (OD) should completely encompass the previous day. It [...]

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