Long White Body
The long white (or green) bodied Japanese Candlestick is a bullish reversal signal, consisting of a single white candlestick. The long white body shows aggressive buying and that the close is significantly above the open.
Definitions
Trading and Investing Definitions –
Efficient Market Hypothesis
Efficient Market Hypothesis maintains that prices move in a random fashion around the intrinsic value of the underlying asset. According to the efficient market hypothesis, the optimal trading strategy is to buy and hold, rather than trying to time market movements through technical analysis.
ECN
Electronic Communications Network, frequently used for creating electronic stock or futures markets. Electronic Communications Networks, or ECNs, are electronic trading systems that automatically match buy and sell orders at specified prices.
Shooting Star
The Shooting Star Japanese Candlestick is a bearish single candle pattern that appears during an uptrend. It opens higher, trades still higher, creating a long upper shadow. It then closes near its open, leaving little or no lower shadow, and a small real body.
Jensen Alpha
Developed by Michael Jensen, Jensen Alpha measures the performance of a investment in relation to a benchmark. Jensen’s Alpha was initially used in the 1970’s to evaluate mutual fund managers. Positive Alphas suggest strong performance while negative Alphas reflect weak performance. See also: Alpha