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  1. Price Action and Patterns - Pre-Trend Chart Patterns Every Trader Should Know: Part I

    by , 08-02-2014 at 01:51 AM
    Pre-Trend Chart Patterns Every Trader Should Know: Part I

    Talking Points:

    • Benefits of Pattern Recognition
    • The First Pre-Trend Pattern: Zig-Zag
    • Setting Stops & Profit Targets

    “…markets are chaotic in nature, but within this chaos are non-random patterns that repeat and are predictable”
    -Larry Pesavento,

    Some traders love to look for common price action patterns before entering in the direction of the overall trend to improve ...