12. How to Trade the Wedge Chart Pattern Like a Pro Part 2

http://www.informedtrades.com/
The 6th lesson in a series on technical analysis and chart patterns which looks at strategies for trading the rising and falling wedge patterns in the stock market, futures market, and forex market.

Category:

Education

Tags:

• risingwedge
• fallingwedge
• technicalanalysis
• howto
• daytrade
• investing
• trading
• forexmarket
• stockmarket
• futures
• market

[hwsv07]

Hi Dave, good video. Love it.

Can a falling wedge pattern be not a reversal of pattern but a continuation of a down trend?

[InformedTrades]

generally people look at these as reversal patterns but they can certainly occur during a continuation of the move as well. Best Regards, Dave

[oseloth]

Hi

I don't understand the terms stop and brake point. What that means. When to sell and when to buy this stock for example?

[InformedTrades]

Hi, A stop is an order that you place to protect a position if the market moves against you. A break point is when the market breaks out above or below a support or resistance line. Hope that helps. Best Regards, Dave

[fransdinkelmann]

Hi Dave,

I am new to the FX market and have been scanning the web for all the educational information available. Thus far I have found your website to be superior and the most complete and comprehensive available. I THANK YOU and ask that you please continue to set the standard, KUDOS!!

[InformedTrades]

Thanks for the comment and for watching I am glad you like the site. Best Regards, Dave

[ordgstrn]

for anyone that is confused by these wedge patterns, a falling wedge basically means that prices in the market are going to rise and a rising wedge means that prices will fall. This simple rule applies to both an uptrend and a downtrend. Hope that helped.

[comtwah]

Hi Dave....

No I don't have a question...I just wanted to say

HAVE A GREAT DAY!

[saweaq1]

great video.. thank you

[massarde9591]

Hi David,

forgive my ignorance but how can you take 700 from 82.50-74.50 and when you replace 700 over the 76.00 how cant this cross the 82.50?

ex: 82.50-74.50=800 +74.50=82.50 where i am wrong?

could you explaing this, i am very bad in math ;p

[6448595]

hi . i have a question !!!

can we make 1000$ everday from forex

and is moving average enough

[royaljell604]

Hi Dave, very concise, very informative. I've been watching all day & I'm tired, but, what does 800 points represent monetarily? I'm new if the question is ridiculous that's why. I'm going to watch them all. Total education here. It's appreciated. Thank you.

[johnsonm3012]

82.50-74.50=700? I'm a novice, so maybe I'm missing something.  8250-7450=800. How did you get 700?

[zhinghur]

Thanks for wonderful concept. All your videos rock.

[williamgen28]

hello. may ii ask whether i can apply these charts on different investment vehicles? e.g stocks, forex...etc