In the game of trading and investing, the goal is not to make once-off huge bets and have large swings in your portfolio based on your luck. The ultimate goal is to achieve consistent returns over the long-run. And to achieve this consistency, traders will not only need to have a good trading plan, but […]
Many people have been asking me about my trading journey, of how I basically started from almost nothing, and steadily built my way to financial freedom. It has taken me quite a while to document my whole journey, but I know it’s worth the effort if it can inspire others to do the same. Well, […]
Another interesting feature of price patterns is how they play out across different timeframes. For example, if you see a pattern on the current timeframe chart you are using, have you wondered how it would look like on a timeframe which is higher or lower? Looking at the example above, on the left we […]
One of the advantages of price patterns is that they are very versatile, allowing you to combine or use them in conjunction with other trading tools or methodologies. For example, if your main method of analysis is Elliot Wave theory, the continuation price patterns will help you analyse the different consolidation permutations, such as flags, […]
When looking for price patterns on your chart, it is important to take note of the context in which the patterns appear. The most important context is probably the trend. In an uptrend, you want to be looking for continuation patterns, which will give you a good opportunity to get onto the trend, whereas if […]
