Megaphone patterns were first described in Richard Schabacker’s 1932 book: “Technical Analysis and Stock Market Profits,” as rare and intricate patterns.
Trading success is rooted in the consistent application of proven techniques. For most traders, that starts with the right strategy. Here’s one swing-trading method that works.
I find the opening gap plays to be the best way to start the trading day. While they are among the simplest technical conditions, price gaps generate a lot of questions among traders. Why do gaps happen? How can we foresee gaps? Do gaps always get filled?