Trading Tutorials

Showing Tutorials 1 - 10 out of 53 found.

The expertise of TraderPlanet analysts span global markets, diverse trading approaches, and basic to advanced concepts.

Below you will find an exclusive collection of free, online tutorials for your reading enjoyment. For traders that prefer visual instruction, a vast variety of multimedia selections may be found within the videos and webinar series.

Diamond Patterns

A reversal pattern that is relatively rare – or perhaps envisioning it is just more uncommon – is the diamond pattern, formed by a series of prices that rally into a high, drop sharply, then rally again but fall off quickly to leave a...

August 26, 2013

Rounding Bottom or Cup-and-Saucer Patterns

Not all price patterns produce sharp, distinctive turns in price direction. It sometimes takes time for a top or bottom to emerge gradually over a number of price bars/candles. These patterns include the rounding bottom or the...

August 26, 2013

Ascending and Descending Triangle Patterns

Descending Triangle Another triangle pattern that could turn into a reversal pattern, either to the upside or downside, depending upon your time frame, is the descending triangle. To illustrate that price patterns form over multiple...

August 26, 2013

Rising and Falling Wedge Patterns

Rising or falling wedge patterns are modifications of a triangle and can also lead to price reversals. As with the triangle, prices move into a narrower and narrower range as the pattern progresses, looking somewhat like a coil. In a...

August 26, 2013

Head-and-Shoulders Formation

Like some other patterns, a head-and-shoulders formation may be part of a larger continuation pattern, but it often indicates a change in market direction when the neckline of the pattern is penetrated. This pattern involves several...

August 26, 2013

"M" Tops and "W" Bottoms

A close cousin of the double top and double bottom are the M top and W bottom, so-called because of the letters formed when the thrust to a previous high or previous low does not reach the same level as the first high or low. The key...

August 26, 2013

Double Tops and Double Bottoms

Double Tops A previous high may act as a target for a new move to the upside or as a barrier that an uptrend may not be able to penetrate. If this resistance holds and prices turn back, the price reversal may form a double top and...

August 26, 2013

Reversal Patterns

While a continuation pattern suggests that a trend in place will continue in the same direction after a brief pause/correction, a failed continuation pattern may well turn into a reversal pattern. Like their name implies, reversal...

August 26, 2013

Gap Patterns

Gaps are areas on a price chart where no trading occurs. The last bar's low is higher than the previous bar's high for a gap-higher move. The last bar's high is lower than the previous bar's low to form a gap-lower move. For example,...

August 16, 2013

Pennant Patterns or Triangle Patterns

Sometimes continuation patterns take a form that can best be described as a symetrical triangle or pennant. Using the same chart below as the bear flag example, note that various forms of triangles can also appear as short-term...

August 16, 2013
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