The ABCD pattern is one of the most well-known patterns in technical trading. In a more advanced form, it is also known as Gartley patterns. The ABCD pattern describes a correction in the market with a wave formation either in a downward or upward direction. When the formation is completed,…
Continue reading
Double bottoms and double tops are well-known patterns that often occur in financial markets. They frequently appear at the end of a trend, signaling the potential reversal of that trend. These patterns often take the form of a double bottom resembling a large “W” and a double top resembling a…
Continue reading
In addition to the usual depiction of price charts in forms such as line charts or bar charts, many traders use a slightly more advanced and informative graph, called a candlestick chart or simply a candle chart. The chart is named after the individual columns, which resemble candles, and are…
Continue reading
Bollinger Bands® is an indicator that measures market volatility. Bollinger Bands® was invented by the technical analyst John Bollinger in the 1980s, and he obtained trademark protection for the indicator in 2011. Bollinger Bands® consists of three lines: A middle line and an upper and lower line, often encapsulating the…
Continue reading
The 5-1 strategy was developed by the Danish day trader Hans-Henrik Nielsen from Markettimer, known for his simple yet effective strategies. The 5-1 strategy is a distinct day trading strategy. It can be used in its simplest form, but it can also be advantageously refined with additional indicators. The strategy…
Continue reading
When prices move sharply up or down, diving headfirst into the market is tempting. However, trading based on emotions often ends poorly. Therefore, we have found a simple strategy that can help most day traders “keep a level head” – at the same time, allowing you to participate effectively in…
Continue reading
Cup & Handle is a so-called bullish candlestick pattern that resembles a teacup and is considered one of the most reliable buying formations if you want to safely enter a rising trend in the market. In this article, we explain what the Cup & Handle pattern is. You will learn…
Continue reading
Hos daytrader.dk skaber vi gratis indhold og læringsforløb for jer brugere. Det kan vi blandt andet gøre, fordi vi indgår samarbejde med brokerne, der betaler for omtale på siden.Luk