Chart patterns are one -- if not the oldest -- method of chart and price analysis traders use.  In fact, the popularity if chart patterns continues to rise and that's for one reason:  they work. 

As powerful an analysis tool as chart pattern analysis is, it can often be a a very time consuming and subjective task.  That's really where tools like Autochartist become a valuable asset to any trader.  However one of the challenges traders face is how to utilize any tool effectively and chart patterns are no exception.  Simply identifying chart patterns is not enough -- although it certainly is the first step.

Historical tendencies can help a trader understand how and when to trade certain patterns.  If identifying the chart pattern is the first step, then the second step must be determining the type of pattern it is.;  Autochartist results are accompanied by not only a chart image but specific chart quality readings.  READ MORE

The number one challenge all traders face seems to be the most difficult one to solve - how to eliminate false breakouts and whipsaws.  This challenge is not one that chart pattern traders face alone - it is a problem that all traders face.  However chart pattern trades are uniquely positioned to fix the problem most effectively.

There is no way to eliminate false breakouts or whipsaws completely.  We can only seek to reduce them with proper analysis.  Autochartist University is not going to insult you will unbelievable promises or guarantees.  We can say with confidence that you will learn how to trade chart patterns more effectively and confirm these patterns with time-tested tools and techniques that are not often taught. 

There are three methods by which false breakouts and whipsaws can be reduced.  The first step is to consistently identify the patterns.  The Autochartist platform takes care of that.  READ MORE