Understanding candlestick patterns is one of the most valuable skills for forex traders. These patterns, derived from price action, provide insights into market sentiment, potential trend reversals ...

Spotting breakouts above prior-day highs is an essential professional day trading skill. The challenge is to be able to quickly avoid false breakouts, while getting in on trades that continue up once ...

Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...

Large cap growth stocks have been outperforming for quite some time, with semiconductors perhaps the most representative of the strength of that trade in recent months. In fact, the semiconductor ETF ...

Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...

A double candlestick pattern is a price-action setup formed by two consecutive candles on a price chart. Instead of analysing a single trading session in isolation, this approach focuses on how price ...

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...