12005 Candle Pictures Nisson

  • June 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View 12005 Candle Pictures Nisson as PDF for free.

More details

  • Words: 331
  • Pages: 36
Candlestick Charting Basics: Spotting the Early Reversals Signals

By

Steve Nison, CMT President, Candlecharts.com Inc. 555 Route 18 South PMB 2000 East Brunswick, NJ 08816 USA Telephone: 732-254-8660 Facsimile: 732-390-6625 Web site: www.candlecharts.com E–mail: [email protected]

Media Comments “Japan's Candlesticks Light Traders' Path” --- Wall Street Journal “Whether you day trade or hold positions candlesticks are a must” --- Investors Library “Candlesticks: A New Light in Technical Analysis” --- Barron’s

Constructing the Candle Line high

Shadow open

close

Real Body open

close

low

Real Bodies / Shadows

Doji

Drawing Candle Lines

session open high low close

28

1

23

26

21

25

27

2

26

28

23

27

26

3

23

27

22

22

4

25

28

22

25

5

27

27

25

25

25 24 23 22 21

1

2 3 4 5

Drawing Candle Lines

session open high low close

28

1

23

26

21

25

27

2

26

28

23

27

26

3

23

27

22

22

4

25

28

22

25

5

27

27

25

25

25 24 23 22 21

1

2 3 4 5

Small Real Bodies (spinning tops)

Candle(stick) Chart - spinning tops

Small Real Bodies

Doji

Doji after tall white candle

Doji after tall white

Doji as Resistance

Gravestone Doji

Shadows

Long Upper (Bearish ) Shadows

Long Upper Shadows

Long Lower (Bullish) Shadows

Hammer

black or white

18

Hammers

Shooting Shooting Star Star black or white

Shooting Star ?

High Wave Candles

High Wave Candle new high close, but??

High Wave Candle

High Wave Candle

Who’s in Charge?

Who’s in Charge Now?

Convergence of Candles Define Support

2 1

3

4

Engulfing Patterns Bullish Engulfing Pattern

Bearish Engulfing Pattern 28

Bearish

Engulfing Patterns

Bullish

Bullish Engulfing Pattern

How many black candles did this wrap around?

Bearish Engulfing Pattern

The Trading Triad

?

Candle Charts

Western

Capital Preservation 32

Volume confirms signal

High Volume Hammer

33

STOPS Bearish Engulfing Pattern

Shooting star

Shooting Star (convergence) Shooting Star

?Web site: www. candlecharts.com ?E-mail: [email protected] ?Telephone: 732.254.8660

Related Documents

Candle
November 2019 15
Candle Factory
June 2020 7
Pictures
October 2019 50
Pictures
May 2020 27
Pictures
June 2020 22