Day trading strategies: the complete guide with all the advanced tactics for stock and options trading strategies. Find here the tools you will need to invest in the forex market

Cup with handle formation
This formation typically appears if a specific security reaches its peak price
prior to dropping hard and fast for a prolonged period of time. Eventually, it
is bound to rebound, however, which is when you want to go ahead and
buy. This is an indicator of a rapidly rising trend which means you are
going to want to make an effort to take advantage of it as soon as possible if
you want to avoid missing out.
The handle forms on the cup after those who initially purchased the security
when it was at its previous high decide they can’t wait any longer and begin

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to sell off their holdings. This, in turn, causes new investors to become
interested and then start to buy in. This formation rarely forms quickly,
which means you should have plenty of time to act on it once it has started
to form.
The best-case scenario here would be to take advantage of the details as
soon as the handle starts to form to ensure that you have the greatest length
of time possible to benefit from the change. If you see the cup and handle
forming, you will still want to consider any other day to day patterns that
may end up derailing the trend as they will go a long way towards
determining its true effectiveness when it comes to buying at a given point.
Gann
While not universally trusted, Gann indicators have been used by traders for
decades and remain a useful way of determining the direction a specific
currency is likely to move next. Gann angles are used to determine certain
elements of the chart include price, time and pattern which makes it easier
to determine the future, past and even present of the market as well as how
that information will determine the future of the price.
While you could be forgiven for thinking they are similar to trend lines,
Gann angles are actually a different beast entirely. They are, in fact, a series

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of diagonal lines that move at a fixed rate and can likely be generated by
your trading program. When they are compared to a trend line you will
notice the Gann angle makes it possible for users to determine a true price
at a specific point in the future assuming the current trend continues at its
current strength.
If you compare a Gann angle to a trend line, then you will see that it makes
it much easier to predict the likely movement of the price at a fixed point in
the future. This is not to say that it will always be accurate, but it can be
useful when it comes to determining the location and relevant strength of a