This is the 12 screen in the series Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns Bullish Three White Soldiers Type: Reversal Direction: Bullish Inbound Trend: Bearish Reliability: 8.2 Number of Candles in Pattern: 3 Definition: The Bullish Three White Soldiers Pattern is a reliable bullish trend reversal indication. Formed by three long candlesticks [...]
Whole Foods Markets Inc is looking like a very strong buy here. We see a rising three methods Japanese Candlestick Pattern, combined with a bullish flag. The three “inside” candles came on diminishing volume, with day 1 and day 5 coming on strong volume. Checking our momentum and trend strength indicators, we see bullish crosses [...]
What is the difference between "long-term trading" and "going long"? What does it mean to go 'short'? Are equities and stocks the same thing? If you need help with these questions and want to know more about the terms and trading jargon you hear and read every day, then we invite you to sign up [...]
I decided to forgo a market update tonight as it should be pretty clear the bears own the trend right now. Instead, tonight’s post is going to cover a trading strategy that I found today entitled, “Long Entries and the Opposite Thirds Rule.” This strategy comes from Steven Lee Jones, a well known forex trader. [...]
This is the 8th stock screen in the series Japanese Candlestick Trading: Stock Screens for 15 Candlestick Patterns With the recent drop in the markets over the past 3 days, I thought I would release this screen out of order. The appearance of Morning Star patterns in these market conditions will be rare, but very [...]
