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Trading with Multiple Techniques: Candlesticks Moving Averages

The moving average is most efficient in trending markets One of the most popular tools used by technical analysts is the moving average. Its strength lies in the fact that it offers analysts a trend-following tool to catch major moves. The moving average is utilized most efficiently in trending markets. However, as moving averages are […]

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Trading with Multiple Techniques: Upthrusts & Springs

Markets tend to move sideways most of the time Most of the time markets are not in a trending mode but rather moving sideways. On such occasions, the market is in a relative state of harmony; neither the bulls nor the bears are in charge. Markets are estimated to be in a non-trending mode as […]

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Trading with Multiple Techniques: Candlesticks & Trend lines

In our last post we concluded our basic overview of Japanese Candlestick Charting with an explanation of the doji. Now let`s try to combine the Japanese approach with Western Technical Analysis methods. Support and Resistance Lines with Candlesticks One method of determining a trend is by using the most basic tool, the trendline. The first […]

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How to setup your website in 5 easy steps

Start your own website and grow it into a successful project. When you want to make a website, a lot of things need to be decided. You know already the reason for making you own website. Getting an online presence can not only boost your sales of products, but also it can improve customers’ trust […]

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Nord VPN is a Very Convincing VPN Solution

Stay anonymous when surfing the world wide web. Nord VPN solution works. There are several reasons why you would like to stay anonymous when surfing the world wide web.  Some countries block certain websites or social media. Some streaming platforms offer more content in different parts of the world. In other cases, some internet services are […]

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Importance of Doji in Japanese Candlestick Charts

The doji is an important reversal indicator. A doji is a Japanese candlestick in which opening and closing prices are the same.         Doji                             Long-legged doji          Gravestone doji It forms is a distinctive trend change […]

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Continuation Signals & Variants in Japanese Candlestick Charts

Windows are the Japanese trading names for price gaps In Japanese candlestick charting a gap is typically referred to as a window. A window is an opening between the prior and the current session’s prices. The example below shows an open window formed in an uptrend. There is a gap between the prior upper shadow […]

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Continuation Patterns in Western Technical Analysis

Continuation patterns take a shorter time to build Many continuation patterns imply a time of rest before the market resumes its prior trend. In other words, these patterns indicate that the sideways price movement on the chart is just a pause in the prior trend and the next movement will be the continuation of the […]

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The Significance of the Number 3 in Technical Analysis

It is remarkable how often the number 3 shows up in technical analysis In many trading approaches, it plays such an important role. For example: some of the more commonly known reversal patterns, such as the triple top and the head and shoulders (see further), have 3 prominent peaks there are 3 different classifications of […]

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Japanese Candlestick Charting – Stars as Reversal Patterns

Stars form another group of significant reversal patterns A star is a small real body that gaps away from the preceding large real body. It is still considered a star as long as the star‘s real body does not overlap the prior real body. The color of the star is unimportant. They can occur at […]

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