Description and Trading Implications: The Head and Shoulders pattern is a reversal indicator, recognized by its three peak formations - a higher peak (head) flanked by two lower ones (shoulders).

A well-defined trading plan is crucial for intraday trading success. It serves as a roadmap, guiding traders on when to enter and exit trades, how much capital to allocate, and which strategies to ...

Technical trading patterns come in all shapes and sizes. And they can occur over various time periods. Each pattern features a set of characteristics that makes it unique. And, despite the ...

The MoneyShow Chart of the Day shows the SPDR S&P 500 ETF (SPY) from mid-July onward. It shows this market can’t be kept down ...

It’s also important to observe volume when looking for ABCD patterns. Volume tends to be high as the pattern is forming (hence the action) and consolidated as the trend culminates. If there’s low ...

Real-time pattern trading significantly simplifies the process of identifying optimal entry and exit points by scanning thousands of stocks and ETFs in minutes—an undertaking far beyond human ...

Approximately one-third of individuals trading in the equity cash segment are engaged in intra-day trading. The number of intraday traders surged by over 300% in FY23 compared to FY19.

The Pattern Day Trading Rule In order to make four or more trades within a five business day period, an investor must meet the United States Securities and Exchange Commission’s (SEC) rule for ...