16th August 2010
Applied to financial markets first by Charles Dow in early 1900, and popularized by Steve Nison in the late 1980's, Japanese candlestick trading is a proven method of forecasting markets.
First invented by Homma Munehisa, a Japanese rice trader, Japane...
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05th February 2010
Energy costs have wide reaching effects on the global economy. Everything from the price of good and services to transportation rise and fall with the ebb and flow of crude oils prices. No where can this fact be seen more clearly than the lead up and cras...
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19th January 2010
The evening star candlestick pattern is a bearish reversal pattern. It consists of three candlesticks. The formation must be validated using the following rules.
1. The inbound trend must be strongly bullish. I would recommend using a 20 day and 50 day...
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11th January 2010
Investing in today's stock market presents an entirely different set of risks and circumstances than investors have faced with traditional investing. Investors who purchased the average S&P 500 stock in the year 2000 would have lost value in their portfol...
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18th December 2009
Tasuki gaps are a Japanese Candlestick pattern that indicates the continuation of the current trend.
Reliability
A medium reliability Japanese Candlestick pattern (57% reliable according to the Encylopedia of Candlestick Charts), Tasuki Gaps are a h...
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07th December 2009
Identifying trend reversals before they occur can allow traders to get in early and strong price moves. Exhaustion gaps typically occur at the end of a long established trend, signifying a trend reversal, and mark fantastic entry points for traders.
Wh...
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03rd December 2009
Developed in the 18th century by Homma Munehisa, candlestick charts were designed to give rice traders a simple open,high,low, and close view of the markets. Due to the ease of reading, candlestick charting become the preferred method of market analysis, ...
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