Archive for January, 2010

Classic Chart Patterns- Pennant Formation

A pennant formation is a very short term continuation pattern that lasts anywhere from 1 to 3 weeks in duration, this formation is the result of strong rally. Most trades have probably seen this formation a lo…..

Why Trade With Chart Patterns?

Several chart patterns are very useful in controlling risk while capitalizing on profitable opportunities. Two of these, which you will see you lots of in my trading signal posts are the triangle and wedge.

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