Michael C. Thomsett is a widely published options author. His "Getting Started in Options" (Wiley, 9th edition) has sold over 300,000 copies. He also is author of "Options Trading for the Conservative ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to identify market indecision.
Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors. Chartists relying on candlestick indicators know that confirmation is an essential element of the decision.
Candlestick reversal patterns are some of the most exciting patterns to trade. In fact, they’ve proven to come with a high level of predictability. Patterns like the Three Line Strike and Three Black ...
Hammer Candlestick: What Is It? A key component of technical analysis, candlestick patterns give traders important information about the mood of the market. The hammer candlestick is one of the most ...
A trading chart displaying candlestick patterns, illustrating how price action and wick structure help traders interpret potential market reversals article highlights the inverted hammer candlestick ...
The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star. It holds valuable insights into market sentiment and can signal a potential trend reversal.
Forex trading offers significant potential for financial growth and has captivated the interest of traders worldwide in recent years. Among the multitude of technical analysis tools available to forex ...
Candlestick charting is commonplace for technical traders looking to identify patterns and buy/sell signals. Because candlesticks represent the open, close, high and low prices for a trading period, ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
Natural gas began Tuesday’s trading session by triggering a bearish doji shooting star candlestick pattern from Monday’s session on a drop below 2.49. However, it looks like the bearish signal is in ...