Measure Market Momentum Using the Awesome Oscillator

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Born in 1932, Bill Williams is a US-based trader and the author of a number of books on trading, and also the gentleman behind the Awesome oscillator indicator (AO). In addition to this, Williams is the creator of other well-known technical indicators, such as the Accelerator oscillator, Alligator, Fractals, Gator oscillator and the Market Facilitation … Continue reading Measure Market Momentum Using the Awesome Oscillator

An Introduction to Double Bottom and Double Top Patterns

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You’d be hard pressed to find a formation as ubiquitous as the double bottom or double top, often labelled ‘M’ tops and ‘W’ bottoms for visual reasons. Spend a couple of minutes looking at just about any candlestick/bar chart and numerous W and M patterns are immediately obvious. As a matter of fact, the pattern … Continue reading An Introduction to Double Bottom and Double Top Patterns

What is an AB=CD pattern?

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Developed by Scott Carney and Larry Pesavento, after being originally discovered by H. M. Gartley, the AB=CD pattern has become an effective technique to have in one’s toolbox. After months of research, back testing and also live trading, we feel comfortable presenting this setup to our readers. Just to be clear, the following is not … Continue reading What is an AB=CD pattern?