Falling Wedge Chart Pattern

The presenter provides an explanation of how he trades the falling wedge technical setup.  The falling wedge is a bullish trading setup and has greater odds of success when there is a large volume and price move above the top of the wedge.  The speaker mentions the importance of looking for bullish divergences in technical indicators such as the MACD and then goes on to cover how he places his trailing stop loss order to protect his capital.

Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Day Trading Simulator

Tradingsim.com provides the ability to simulate day trading 24 hours a day from anywhere in the world. TradingSim provides tick by tick data for...

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