Successful hedge fund managers, for example Bruce Kovner, Ed Seykota and John Henry happen to be stalwarts of trend trading for a long time. This approach is probably the most reliable trading methods...
Pricing channels could be a good technical trading strategy for trending markets. Perhaps one of the reasons they‘re so popular with market technicians is e they‘re easily recognizable in your...
Hanging manHanging man candlestick formations are another reversal pattern. This formation typically happens following a prolonged uptrend each time a security moves significantly lower following...
“Downturn” (below ) provides an example in Caterpillar. On March 12, 2013, Caterpillar formed a bearish engulfing pattern that engulfed the previous day’s candle completely and gave an indication...
Engulfing pattern
The bullish engulfing pattern is most significant when it occurs following a prolonged downtrend. The stock or index is selling off sharply. Upon the day from the bullish engulfing...
DOJI
The Doji is one of
the most important candlestick patterns. A doji formation is a
single-candle pattern. It occurs when prices opened and closed at the
same level. A doji represents equilibrium...
Candlestick are one of the most powerful technical analysis tools in the trader’s
toolkit. They are also one of the most prevalent. Most technical
analysis programs use candlesticks as the default mode...