major candle stick patterns on eod charts

major candle stick patterns on eod charts

for full article with diagram visit

http://stocklearners.blogspot.com/2007/08/major-candle-stick-patterns-on-eod.html


A Doji is formed when the open and the close are the same or very
close. The length of the shadows are not important. The Japanese
interpretation is that the bulls and the bears are conflicting. The
appearance of a Doji should alert the investor of major indecision.



The Gravestone Doji is formed when the open and the close occur at the
low of the day. It is found occasionally at market bottoms, but it's
forte is calling market tops. The name, Gravestone Doji, is derived by
the formation of the signal looking like a gravestone.




The Long-legged Doji has one or two very long shadows. Long-legged
Doji's are often signs of market tops. If the open and the close are
in the center of the session's trading range, the signal is referred
to as a Rickshaw Man. . The Japanese believe these signals to mean
that the trend has "lost it's sense of direction."





The Bullish Engulfing Pattern is formed at the end of a downtrend. A
white body is formed that opens lower and closes higher than the black
candle open and close from the previous day. This complete engulfing
of the previous day's body represents overwhelming buying pressure
dissipating the selling pressure.

--


for full article visit us at
http://stocklearners.blogspot.com/2007/08/major-candle-stick-patterns-on-eod.html



FOR FULL NEWSLETTER ON NIFTY PLEASE VISIT
http://tradersplace.blogspot.com/

FOR INTRADAY CALLS AND TECHNICAL TRAILS PLEASE VISIT
http://stockrumours.blogspot.com/


VINAYAK
ADMINISTRATOR,
TEAM STOCKRESEARCHERS
PERFORMANCE SPEAKS

--
FOR FULL NEWSLETTER ON NIFTY PLEASE VISIT
http://tradersplace.blogspot.com/

FOR INTRADAY CALLS AND TECHNICAL TRAILS PLEASE VISIT
http://stockrumours.blogspot.com/


VINAYAK
ADMINISTRATOR,
TEAM STOCKRESEARCHERS
PERFORMANCE SPEAKS

.

Relevant Pages

  • major candle stick patterns on eod charts
    ... major candle stick patterns on eod charts ... appearance of a Doji should alert the investor of major indecision. ... white body is formed that opens lower and closes higher than the black ...
    (soc.culture.usa)
  • major candle stick patterns on eod charts
    ... major candle stick patterns on eod charts ... appearance of a Doji should alert the investor of major indecision. ... white body is formed that opens lower and closes higher than the black ...
    (soc.culture.canada)
  • major candle stick patterns on eod charts
    ... major candle stick patterns on eod charts ... appearance of a Doji should alert the investor of major indecision. ... white body is formed that opens lower and closes higher than the black ...
    (soc.culture.europe)
  • major candle stick patterns on eod charts
    ... major candle stick patterns on eod charts ... appearance of a Doji should alert the investor of major indecision. ... white body is formed that opens lower and closes higher than the black ...
    (soc.culture.iraq)