Market Update
Technical Analysis
Japanese Candlestick Ebook
Japanese Candlesticks Ebook Sign up below to receive the TradersLog.com Guide to Japanese Candlesticks PDF Ebook: Overview: Origins of Japanese Candlestick Charting: Manuhisa Homma and the Osaka Rice Futures Exchange. Anatomy of a Japanese Candlestick: The Real Body, the Wick and their Significanc
A Topping Formation Is Taking Shape
The economy and the stock market usually don’t turn on a dime. Their behavior is more like an oil tanker, needing time and space to change direction. In the stock market this shift is called a topping process and typically has two characteristics: 1. The range of its high to its low is between
Charts of the Week: 7 Stocks to Watch
This week we feature seven key charts to watch. The first is Applied Materials (AMAT), which looks like it’s getting ready to take off and challenge its prior high somewhere between 14.77 and 14.80, maybe even as high as 14.98. It closed at 14.47 on Friday, but looks like it’s poised to
Charts of the Week: View of Financials
This week we look at a few of the financials to analyze the chart structures after Friday’s major downside reversal in Goldman Sachs Group (GS) and other related financials. Apart from whether Goldman is innocent or guilty of the charges levied by the SEC, the indelible impression left by Friday a
Bearish Separating Lines
Bearish Separating Lines is a continuation pattern that occurs in a downtrend with a long bodied white candlestick followed by a black candlestick with the same opening price as the first but with no upper wick.
Bullish Separating Lines
Bullish Separating Lines is a continuation pattern that occurs in an uptrend with a long bodied black candlestick followed by a white candlestick with the same opening price as the first but with no lower wick. For a complete printable reference see also: Japanese Candlesticks PDF Ebook
Bullish In Neck Line
Bullish In Neck Line is a two candlestick continuation pattern that occurs during a uptrend. The first candlestick is long bodied and white. The second candlestick gaps higher but ends up closing below it’s open, at around the level of the top of the prior candlestick’s body. For a complete pri
Bullish On Neck Line
Bullish On Neck Line is a continuation pattern occuring during an uptrend. The first candle in the pattern is long and white. The second candle gaps up from the close of the previous candle and closes at the level of the close of the first candle. For a complete printable reference see also: Japane
Bearish On Neck Line
Bearish On Neck Line is a two candle continuation pattern occuring during a downtrend. The first candle gaps open lower and is long bodied and black. The second candlestick is small bodied and white, not closing above the low of the first candlestick. For a complete printable reference see also: Ja
Bearish Side by Side White Lines
Bearish Side by Side White Lines is a three candlestick continuation pattern occuring during an downtrend. The first candle is long bodied and black. The second candle gaps downward to open a lower open and is white. The third candle is white and opens and closes at about the same level as the secon
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