Chart Patterns
Chart patterns for swing traders
Here are three profitable chart patterns that you can use the next time you are looking for entries into individual stocks. Wait! There is no holy grail. These patterns can and will fail. You must manage your money correctly to make them profitable!
T-30
This is the one chart pattern that I trade the most often. If you are new to trading stocks, then start with this pattern! It is easy to identify, easy to learn, and easy to trade. What more could you ask for?
T-30 Pattern
Ghost Town
Some potentially explosive moves can result from trading this pattern. The best thing about this pattern is that you can usually get a low risk entry.
Ghost Town Pattern
Swing Traps
What happens when swing traders and momentum traders get trapped in a stock and have to take a loss? The stock rallies!
Swing Trap Pattern
Market Club
New Market Club Video:
The 50 Rule:
In this new video, Adam talks about the "50 Rule" and how it can help you to spot reversals.
Software
Fibonacci Price and Time: This is an excellent software program that will calculate Fibonacci price and time levels. Also calculates Gann "Square of Nine". Inexpensive and very easy to use.
Trading Videos
4 Trading Videos:
Now you can watch four trading videos from some of the top traders in the business.
Zecco
This is the broker I use. You get 10 free trades a month with no fees or commissions. Perfect for those new to trading stocks.
100% Free Stock Trade. Trade stocks for free on Zecco.com. The Free Trading Community. www.zecco.com
Trading Course
Trading Master Plan
This is one of the few trading courses on the market right now that is actually worth buying.
You get a 200 page e-book, trading video tutorials, chart lessons, and mp3 audios.
Also includes unlimited personal email support from Dave himself.
Elliott Wave Video
Elliott Wave Video Series
In this 3 part video series, you will learn what the wave principle is, why you should pay attention to it, and how to trade it.
This course is free from the folks over at Elliott Wave International.
Related Reading
Encyclopedia of Chart Patterns: "Written by trading and technology expert, Tom Bulkowski, this updated and expanded Second Edition of the successful Encyclopedia of Chart Patterns will include new statistics for both bull and bear markets, as well as 22 new chart patterns, new pictures, a Performance Table for every chapter, and even more statistical samples."
