Candlestick Charts
Candlestick charts provide open, high, low, and close prices within a single visual.
Average True Range (Atr)
Average True Range (ATR) is a measure of market volatility used to help set a stop that adapts to the current market environment.
Breakaway Gaps
Gaps that occur when the price breaks out of a consolidation pattern with significant momentum, signaling the beginning of a new, strong trend and typically accompanied by high trading volume.
Bullish Period
A green (or hollow/white) body usually indicates a bullish period, meaning the closing price was higher than the opening price.
Chart Patterns
Formations like head and shoulders, double tops/bottoms, triangles, flags, and pennants that suggest potential reversals or continuations.
Coincident Indicators
Coincident indicators move simultaneously with the economy, reflecting the current state of economic activity.
Day Trading
Opening and closing multiple trades within a single trading day, avoiding overnight positions.
Gap
A blank space on a price chart, indicating that a security’s price has moved sharply up or down without any transactions occurring at the intermediate price levels.
Gap Fading
A strategy where traders take a position opposite to the initial gap direction, anticipating that the price will revert to fill the gap, often within the same trading day.
Gap Riding
Gap riding involves trading in the direction of the opening gap, assuming the momentum that caused the gap will continue.