Technical Analysis Archives - Traders Log

Two Patterns You Never Heard of: Throwbacks and Pullbacks

TradersLog — Wed, 11 May 2011 12:05:42 +0000

Throwbacks and pullbacks are not new to securities, but if you don’t understand how price behaves, a losing trade may result.

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Gravestone Doji

TradersLog — Mon, 28 Sep 2009 17:48:36 +0000

In a Japanese CandleStick chart, this is a doji candle where prices rallied but came back and closed at the level they started; the open and close are equal.

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Exponential Moving Average

TradersLog — Mon, 28 Sep 2009 16:55:58 +0000

The Exponential Moving Average is the most popular of all the versions of the moving average. The exponentially smoothed moving average gives greater weight to recent price data and also includes all the data in the life of the security. The user is able to adjust the weighting for the most recent price data by

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Three Inside Down

TradersLog — Mon, 28 Sep 2009 16:52:14 +0000

Three Inside down is a three candlestick bearish reversal pattern. The formation occurs in an uptrend, with the first two candlesticks being the bearish Harami pattern. This is followed by a black candlestick that closes lower than the first candlestick in the series.

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Phi: The Golden Ratio

TradersLog — Mon, 28 Sep 2009 16:45:26 +0000

Also referred to as the golden mean, golden section, golden number or divine proportion, the golden ratio is a number, approximately 1.618, that possesses many unusual mathematical properties. Over two thousand years ago phi was identified by Euclid because of it’s crucial role in the construction of the pentagram. Since then the ratio has been

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Standard Deviation Channel

TradersLog — Mon, 28 Sep 2009 16:37:38 +0000

The Standard Deviation Channel consists of two parallel lines on either side of the Linear Regression Trendline. The lines are spaced x number of standard deviations above and below the Linear Regression Trendline.

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Bullish Homing Pigeon

TradersLog — Mon, 28 Sep 2009 16:21:57 +0000

Homing Pigeon is a two candlestick bullish reversal pattern. The formation occurs during a downtrend with a large black candlestick followed by a short black candlestick engulfed by the first. The formation suggests that the existing downtrend is weakening.

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Kicking Candlestick

TradersLog — Mon, 28 Sep 2009 16:20:21 +0000

The Kicking Japanese Candlestick is a two candle reversal pattern. A bearish Kicking formation consists of a white marubozu followed by a black marubozu which gaps open below the first candle’s opening price.

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Stochastic RSI Indicator

TradersLog — Mon, 28 Sep 2009 16:18:02 +0000

The Stochastic RSI uses RSI values and their relationship over time to determine entry and exit points and to confirm other indicators’ signals. Chart courtesy of Prophet Financial Systems

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