Moving Average – The Basics
A moving average is an indicator used in technical analysis that shows the average value of a security’s price over a set period of time. The purpose of this average is to track the trends of a security by smoothing out daily price fluctuations or “noise” that can confuse interpretation of [...]

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Morning Star

The morning star is a bullish reversal signal found at the bottom of a downtrend and is a three candle pattern. This signal suggests to investors that good things are to come, or in other words, that prices are going to increase. In order to qualify as a morning star signal four criteria must [...]

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Candlestick Harami – Bearish

The bearish candlestick harami is one of the many Japanese candlesticks that is found at the top of an uptrend, and is the exact opposite of the bullish harami candle. The Japanese define this pattern to mean pregnant or body within and it is composed as a two candle formation. In order [...]

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Technical Analysis
Simply stated, Technical Analysis is the prediction of future price movements based upon the study of past market data. This category of my blog will concentrate on the most profitable technical indicators available, and those most often used to find the best buy and sell points.
Technical Analysis versus Fundamental Analysis
Fundamental analysts make their selections [...]

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Harami Candle - Bullish

The bullish harami candle is one of the many Japanese candlesticks that is found at the bottom of a downtrend, and is the reverse of the engulfing pattern. (See the bullish engulfing pattern versus the bearish engulfing pattern). The Japanese definition of this candle means pregnant woman or body within. When identifying [...]

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Dark Cloud Cover

The pattern above is a Japanese candlesticks pattern and is a bearish reversal pattern composed of a green (or white) body followed by a red (or black) body. It is the opposite of the candlestick piercing pattern which is a bullish reversal pattern. This pattern occurs at the end of an uptrend whereas [...]

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