charting (6)

One of the strongest forms of confirmation is a double reversal signal.

For example, the current chart of Wal-Mart shows how two bullish reversal candlesticks show up on the price chart, and how to interpret them. In this case, candlesticks provide strong bullish signals even though momentum contradicts what these show. A skilled chart reader knows that when you get contradictory signals, you either have to wait out the signal trends or find strategies that benefit if the stock price moves in eit

Read more…

Candlestick signals are worth following to find timing opportunities. As an example, check the latest blog post at TheStreet.com for Chevron stock. The chart includes candlestick signals highlighted: Chevron - potential profits from dividends and covered calls

You can discover the world of effective chart reading with Profitable Trading Strategies Using Candlestick Charting. This is a comprehensive and complete course on the nature of candlestick charting, offered exclusively by the Global Risk M

Read more…

Candlestick charting - advantages

The candlestick signal, when confirmed, is a powerful tool for timing trades. To see an example of how thing works in a current chart, check the article about Kellogg Co. at TheStreet.com

You can discover the world of effective chart reading with Profitable Trading Strategies Using Candlestick Charting. This is a comprehensive and complete course on the nature of candlestick charting, offered exclusively by the Global Risk Management Community. By the conclusion of this course, you should be able

Read more…

Candlesticks - real body ranges

 

When it comes to chart analysis, unusually large and small ranges have a lot of meaning. Measuring the distance between opening and closing price tells you a lot when trends develop or begin to lose momentum. Some specific patterns are excellent gauges of when reversal in the trend is likely to occur.

            First a few terms: The “real body” is the range between opening and closing price, shown as a rectangle in the candlestick, which is either white (prices moved up) or black (prices move

Read more…

In Japanese, "marubozu" means "with little hair." This is a reference to the expected small or non-existent upper or lower shadows on this candlestick.

The black marubozu is one variety of a long black candlestick and may have small upper and lower shadows. However, these will be quite small compared to the non-marubozu long black candlestick, which may have much longer upper or lower shadows. The appearance of the black marubozu is bearish because, like all black sessions, it opens at the top[ a

Read more…

 

The Japanese word "doji" means "mistake" or "a foolish thing." This probably is due to the appearance of a doji session. Instead of a rectangle representing the difference between opening and closing price, the doji is a horizontal line, meaning open and close were the same price or very close.

The doji is not so much of a mistake, however, as a session in which buyers and sellers may be struggling with one another for control, and neither side is able to move the price off its mark.

But interpre

Read more…

    About Us

    The GlobalRisk Community is a thriving community of risk managers and associated service providers. Our purpose is to foster business, networking and educational explorations among members. Our goal is to be the worlds premier Risk forum and contribute to better understanding of the complex world of risk.

    Business Partners

    For companies wanting to create a greater visibility for their products and services among their prospects in the Risk market: Send your business partnership request by filling in the form here!

lead