Chart patterns are at the basis of technical
analysis. They are distinguished into three categories: Reversal
Patterns – Continuation Patterns – Neutral Patterns.
Chart patterns are formed on the charts of
historical data of different pairs. They appear on all timeframes.
The table below shows the ranking of
chart patterns that fulfill their role as a
reversal or continuation pattern. More the percentage is high, more
the chart pattern is relevant. However, this does not mean that the
target of the pattern is reached, but only that the exit is in the
right direction depending on the nature of the pattern.
The conclusion of this study shows those reversal patterns
are more relevant than continuation patterns. Indeed, the first 3
patterns are reversal patterns.
Chart patterns with a higher percentage allow
a more aggressive trading because it does not necessarily need to
await the classic buy/sell signal of the pattern to take position.
The table below shows the ranking of the most powerful
chart patterns. Only breakouts that occurred in
the right direction (depending on whether the chart pattern is a
reversal pattern or a continuation pattern) were taken into
account. Patterns with the highest percentage are suitable for a
conventional trading, that is to say wait the buy or sell signal of
the pattern to take position.
We note that pullbacks on the line that gave the buy or sell
signal are usual. For the highest percentages, it is also
preferable to wait for the pullback to take position in order to
not lose a part of the movement and to decrease your rsik.
loujjj - welcome! Yes we need some tutorials on that,
however here's a quick video that I made a while back on how to
post on the blog, I need to make a more detailed one but this
should get you started and show you the basics
CLICK HEREto
watch the short video
on
how
to
post
on
the
blog
What's your question? you typed 'video link' as a reply to the
sticky post titled 'one of the beet chart pattern summaries I've
seen' there is no video in that post. Now if you were asking
about a video mentioned for the Squeeze indicator you replied to
the wrong post. And if you click on the Squeeze Indicator
name in the post it's a URL that takes you to a page where the
indicator is discussed and a video appears at the bottom, it takes
a min to load
One of the best chart pattern summaries I've seen
Posted by matt on 4th of Jul 2013 at 05:11 pm
Chart Patterns
Chart patterns are at the basis of technical analysis. They are distinguished into three categories: Reversal Patterns – Continuation Patterns – Neutral Patterns. Chart patterns are formed on the charts of historical data of different pairs. They appear on all timeframes.
The table below shows the ranking of chart patterns that fulfill their role as a reversal or continuation pattern. More the percentage is high, more the chart pattern is relevant. However, this does not mean that the target of the pattern is reached, but only that the exit is in the right direction depending on the nature of the pattern.
The conclusion of this study shows those reversal patterns are more relevant than continuation patterns. Indeed, the first 3 patterns are reversal patterns. Chart patterns with a higher percentage allow a more aggressive trading because it does not necessarily need to await the classic buy/sell signal of the pattern to take position.
The table below shows the ranking of the most powerful chart patterns. Only breakouts that occurred in the right direction (depending on whether the chart pattern is a reversal pattern or a continuation pattern) were taken into account. Patterns with the highest percentage are suitable for a conventional trading, that is to say wait the buy or sell signal of the pattern to take position.
We note that pullbacks on the line that gave the buy or sell signal are usual. For the highest percentages, it is also preferable to wait for the pullback to take position in order to not lose a part of the movement and to decrease your rsik.
Thanks for the info...
Posted by oakavekid on 11th of May 2016 at 04:42 pm
Thanks for the info...
Great Link to Bookmark
Posted by steve on 12th of Mar 2015 at 09:14 am
https://www.sju.edu/hsb/finance/wstr/pdf/CPGuide1.pdf
Good Website Too
Posted by arumba on 29th of Oct 2014 at 08:06 pm
http://www.onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks
spy
Posted by loujjj on 7th of Aug 2014 at 11:27 am
I.m New here and I don't know how to post a chart but there appears to be a very symmetrical head and shoulders pattern on the spy 15 min
loujjj - welcome! Yes we
Posted by matt on 7th of Aug 2014 at 12:32 pm
loujjj - welcome! Yes we need some tutorials on that, however here's a quick video that I made a while back on how to post on the blog, I need to make a more detailed one but this should get you started and show you the basics
CLICK HERE to watch the short video on how to post on the blog
Thanks Matt
Posted by jsliedre on 19th of Mar 2014 at 07:18 pm
Thanks Matt
McLennan 1929 Analogue: bears desparately circulating
Posted by torvix on 13th of Feb 2014 at 12:46 pm
video link?
Posted by muslhead on 6th of Feb 2014 at 04:14 pm
What's your question? you typed
Posted by matt on 6th of Feb 2014 at 04:25 pm
What's your question? you typed 'video link' as a reply to the sticky post titled 'one of the beet chart pattern summaries I've seen' there is no video in that post. Now if you were asking about a video mentioned for the Squeeze indicator you replied to the wrong post. And if you click on the Squeeze Indicator name in the post it's a URL that takes you to a page where the indicator is discussed and a video appears at the bottom, it takes a min to load
ICO -- Wow!
Posted by 2poodles on 29th of Jan 2014 at 02:40 pm
ICO -- Wow!
Title: Could you repost the
Posted by vicky on 8th of Nov 2013 at 06:08 am
Thank you
http://www.forex-tribe.com/Learn-About-Chart-Patterns.php Here you go Vicky.
Posted by steve on 8th of Nov 2013 at 07:46 am
http://www.forex-tribe.com/Learn-About-Chart-Patterns.php
Here you go Vicky.
Yes really great. Do we
Posted by wout on 25th of Sep 2013 at 08:27 pm
Yes really great. Do we know who performed the study?
Thanks for the link Matt!
Posted by vahid on 8th of Jul 2013 at 01:44 am
Thanks for the link Matt!
Very useful. Thanks for sharing!
Posted by carrieg on 6th of Jul 2013 at 09:57 am
Very useful. Thanks for sharing!
Thanks Matt. Fantastico.
Posted by limitless on 5th of Jul 2013 at 01:02 pm
Thanks Matt. Fantastico.
Excellent! As always thank you.
Posted by jnelson77 on 5th of Jul 2013 at 11:56 am
Excellent! As always thank you.
Excellent link. Thank you Matt!
Posted by sbwoman on 5th of Jul 2013 at 10:26 am
Excellent link. Thank you Matt!
CHART PATTERNS
Posted by bugsdrugs on 5th of Jul 2013 at 10:16 am
NICE SUMMARY
THANKS FOR SENDING IT ALONG
thanks, very helpful
Posted by morton13 on 5th of Jul 2013 at 08:53 am