DARK CLOUD CANDLESTICK PATTERN

-

 DARK CLOUD CANDLESTICK PATTERN





Comments

Post a Comment

Popular posts from this blog

FIBONACCI NUMBERS

-
  FIBONACCI NUMBERS There is a special ratio that can be used to describe the proportions of everything from natures smallest building blocks such as atoms to the most advanced patterns in the universe. Financial markets also conform to this Golden Ratio. A Fibonacci sequence is derived by simply adding two preceding terms. (1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144.....) The important point in this is that the ratio of one to the next is roughly 1.618 and the inverse is 0.618. Everything in nature adheres to this ratio, including dividing our height from our head to our toes by the distance from our belly button to our toes we get 1,618.
Read more

ASSCENDING TRIANGLE PATTERN PSYCHOLOGY

-
Image
WHAT IS ASSCENDING TRIANGLE PATTERN? -ASSCENDING TRIANGLE PATTERN IS THE CANDLESTICK CHART PATTERN WHICH TELLS ABBOUT THE BREAKOUT AND ALSO GIVES THE SIGNAL FOR THE TRADE ENTRY! *ASSCENDING TRIANGLE PATTERN PSYCHOLOGY(see image-1) Image-1 *HOW TO CHECK BREAKOUTS IN ASSCENDING TRIANGLE PATTERN? (see image-2) Image-2 *CONFIRMATION OF BREAKOUT? -FOR THE CONFIRMATION OF BREAKOUT YOU HAVE TO WAITE FOR THE RETESTING .(see image-3) Image-3 *ENTERING AT THE RETESTING LEVEL.AND RIDE THE TREND.(see image-4) Image-4  
Read more

CANDLE CHARTS

-
Image
  CANDLE CHARTS Learning objectives After studying this chapter the student should be able to understand: • Types of charts • The candlestick analysis • Pattern Psychology – investors’ psychology behind formation of candlestick pattern 2.1 The charts What is a chart? Charts are the working tools of technical analysts. They use charts to plot the price movements of a stock over specific time frames. It’s a graphical method of showing where stock prices have been in the past.A chart gives us a complete picture of a stock’s price history over a period of an hour, day, week, month or many years. It has an x-axis (horizontal) and a y-axis (vertical). Typically, the x-axis represents time; the y-axis represents price. By plotting a stock’s price over a period of time, we end up with a pictorial representation of any stock’s trading history.A chart can also depict the history of the volume of trading in a stock. That is, a chart can illustrate the number of shares that change hands over a...
Read more