The Success Academy

3 Popular Chart Patterns for Scalping

Three rising valleys pattern showing two peaks and three valleys and a bullish breakout

While there are many possible chart patterns and concepts that scalpers use to trade, these simple yet effective patterns that may be a scalper’s dream. Scalping is a certain trading style where traders specialize in making quick trades off small price changes. It uses the concept of support and resistance heavily and can incorporate indicators and chart […]

Scalping Day Trading – Highly Effective Strategies

Thumbnail - Price action breaking out of consolidation with trendline, MACD indicator, and volume indicator

What is scalping and how do professional day traders profit from this strategy? Be sure to read the disclaimer at the bottom before reading this article. Scalping is a certain trading style where traders specialize in making quick trades off small price changes. It uses the concept of support and resistance heavily and can incorporate […]

How to Use The Parabolic SAR – 3 Killer Strategies

Parabolic SAR indicator with price action

The Parabolic SAR indicator helps the trader determine the direction in which the security is moving, and helps determine possible reversals in the trend. It usually is shown with circles or stars, below the price in an uptrend, and above the price in a downtrend. The Parabolic SAR, developed by J. Welles Wilder Jr., stands […]

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