Author: Noble Trading

The Week Ahead: The jobs report failed to inspire confidence in stocks as all but 20,000 jobs created were temporary census workers. The report was a catalyst for the Dow Industrials to fall below 10,000 on increasing volume....

The Week Ahead: Markets head into June concerned about higher oil prices do to the Gulf oil spill, the weakest consumer spending report in seven months, and Spain’s credit rating being cut by Fitch. Further insight will be...

Bearish measured move or measured move down is a three phased continuation chart pattern. The pattern starts as reversal of an existing uptrend but is considered as continuation pattern as the pattern is only confirmed after the...

Bullish measured move or measured move up is a continuation chart pattern which starts as a reversal pattern. This is a three phased formation which forms over several months. The 3 phases of bullish measured move are reversal...

The Week Ahead: Financial regulatory reform is seen contributing to market volatility as the final bill is hoped to be completed by July 4 and includes an overhaul on derivatives. Triple digit moves for the DOW could become the...

Rectangle pattern is a trend-continuation chart pattern indicating the continuation of an existing trend after a period of consolidation. It is an easy-to-recognize chart pattern with (almost) equal highs and lows. Rectangle...

The Week Ahead: Retail sales are up for the seventh month in a row, but with globally linked economies many investors question how the European slow down will impact the U.S. recovery especially exports as the rising value of...

Triple top is a trend reversal chart pattern indicating the reversal of an existing uptrend and the start of a new downtrend. The pattern is relatively rare but considered a very reliable signal for short selling and to close...

Bump and run reversal or BARR is a chart pattern indicating the reversal of an existing trend. The pattern was first identified by Thomas Bulkowski and was originally named Bump and Run Formation (BARF). Bump and run reversal is...

Overtrading is one of the most dangerous common trading mistakes practiced by traders. They buy and sell more to get more profits, but this often results in big losses and very poor money management. Overtrading can be of two...