Price Action / Chart Patterns

I have been treating this blog like a personal log of observations for years, and one of the first patterns I wrote about was the over and under (nicknamed “Quasimodo” by some of our [...]

I have mentioned these in quite a few posts in the past, but never gave them the attention they truly deserve.  When nothing is really “new”, I say it, and this very simple yet [...]

It wan't until yesterday I realized that this old pattern of mine had never made its way to this site, so here it is (as I promised one of our readers). I generally don't attach much fanfare to [...]

“Triple Taps” simply refer to 3+ successively lower lows or higher highs.  Price action after the occurrence can signify either long or short entries in both circumstances.  Usually, [...]

I'm oftentimes very critical of my work on this blog, as the material in it only encompasses a rather small percentage of what I would consider a full interpretation of price, and has yet to [...]

Consolidation is the result of indecision and lack of conviction of the consensus of traders across the globe. Cyclical patterns develop, which at one point or another, get busted. I though I [...]

Cable : lower than expected GDP number yesterday caused the pound to spike lower. Pushes higher on the currency caused it to revisit the consolidation area ahead of the spike seen below. The [...]

Another pattern we heavily monitor, serving as an intraday price turning point. These can be very reliable if used properly and can be seen on everything from daily down to 1 min charts. The [...]

Following a spike, price will consolidate towards the highs. These work best when visible on larger timeframes, allowing more exposure to the rest of the world. When price retreats back down (or [...]

Here's a pattern that happens all the time and is important for taking advantage of a lot of intraday buying and selling opportunities. You'll notice that when price makes a “U” [...]