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Tag Archives: Chart Patterns

Three Bullish Candlestick Patterns That Give Great Buy Signals

Even though there are many candlestick patterns and formation that traders use in making trading decisions, however there are three bullish candlestick patterns that give great buy signals. You should master these three bullish candlestick patterns. Three bullish Candlestick Patterns: Morning Star Bullish Engulfing Pattern Tweezer Bottom Now these three candlestick patterns can occur both… Read More »

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Posted 21 June 2010 † John King § Chart Patterns ‡ Comments (0) ° Also tagged: , , , , ,

Dragonfly Doji Candlestick Pattern Is Highly Profitable!

A Doji Candlestick Pattern is very easy to spot but it forms rarely when the opening and the closing prices of a security or a currency pair are the same. So there is no stick on the Doji Candlestick Pattern. It is all wicks with no candle body. In essence, a Doji Pattern looks like… Read More »

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Posted 06 June 2010 † John King § Chart Patterns ‡ Comments (0) ° Also tagged: , ,

Candlestick Patterns and Forex Trading

What is Forex? Don’t ask me that because I really don’t know anything about foreign exchange. How about candlestick patterns? Uhhmm…next question please! I’ve been hunting jobs last December and me and my very good old friend, Grace, was talking about how hard life and earning for a living is these days with the economic… Read More »

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Posted 15 April 2010 † John King § Chart Patterns ‡ Comments (0) ° Also tagged: , , , ,

How Candlestick Double Tops in May Predicted a Major Decline in the Dow

Hundreds of years ago, a rice trader in Japan developed a system of recording the ups and downs of daily prices as rice was bought and sold in the wholesale market – a system which recorded in picture form the underlying psychological inputs which impelled traders to buy and to sell at any particular time.… Read More »

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Posted 17 March 2010 † John King § Chart Patterns ‡ Comments (0) ° Also tagged: , , , , , , , , ,