Four Price Doji Japanese Candlestick
The Four Price Doji Japanese Candlestick has no upper or lower wick, and the open and the close are at the same price – this candlestick looks like a flat line.
Technical Analysis
Technical Analysis Articles –
Stochastics
This classic momentum indicator was first popularized by George Lane. Stochastics are based on the observation that in an uptrend as prices increase, closing prices gravitate to the upper end of the price range. In downtrends as prices fall you expect prices to close at the lower end of the range. The stochastics indicator compares
Stick Sandwich
The Stick Sandwich is a three candle bullish reversal formation. The pattern occurs in a downtrend, where the first candle is black and the second candle is white and trades above the close of the first day. The third candle is black and closes where the first candle did.
Trading Against the Trend
Jim Wyckoff Asks, “Do You Wanna Fight?” I was busy Friday morning writing my “Glance at the Markets” feature for financials, when I got an email from a trader. He said he was bullish coffee and wanted to go long. All morning long, it seemed, trader emails had been popping up on my computer screen–and
Short-Term Trading with Action and Reaction Lines
By Dr Mircea Dologa, MD, CTA pitchforktrader.com The Action & Reaction Lines concept was kept secret from the crowd for many years. If you browse through the technical analysis literature one can see that this topic was rarely treated. This well kept secret represents a real mystery. The first to mention this concept was Roger