A pattern day trader is a trader who makes four or more qualifying day trades in a five-day period. To qualify as a pattern day trader, the individual must meet two additional criteria. The person ...

Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). A piercing pattern is a two-day candlestick pattern that signals a potential ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Falling Wedge Pattern is a reversal pattern that occurs in downtrends. It’s easy to spot on a chart and once you know how it works, you can use it to enter trades with the potential for big ...

Japanese candlestick patterns are among the most widely used tools in technical analysis, and those formed by three or more candles are generally considered the most reliable. The Three Inside Up and ...