The Meeting Lines is a two candlestick reversal pattern. The bullish Meeting Lines formation occurs during a downtrend. A long body bearish candlestick is followed by a long body bullish candlestick whose body is lower than the first candle. The closing price of the two candles are very close. The bearish Meeting Lines occurs in
The role of psychology in the world of trading is of tremendous importance. Here is a collection of articles from leading traders and educators covering the topic. The Mental Aspect of Trading by Linda Bradford Raschke The Best Psychological Test of All By Brett N. Steenbarger, Ph.D. Psychology of Trading by Jason Alan Jankovsky How
Firm: Duquesne CapitalCity: New York2008 Age: 552008 Assets Under Management: $10 Billion Druckenmiller graduated from from Bowdoin College in 1975 where he studied English and Economics. He went on to begin a Ph.D. at the University of Michigan but decided leave the program to take a job as a stock analyst for Pittsburgh National Bank.
A number sequence discovered by a thirteenth century Italian mathematician Leonardo Fibonacci (ca 1170-1250), who introduced Arabic numbers to Europe, in which the sum of any two consecutive numbers equals the next highest number – i.e., following this sequence: 1, 1, 2, 3, 5, 8, 13, 21, 34, 55 and so on. The ratio of
Developed by Marc Chaikin, the Chaikin Money Flow is an oscillator derived from daily readings of the Accumulation Distribution Line. It indicates if a stock is undergoing accumulation or distribution.