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Five Basic Candlestick Patterns To Learn & Advance Your Day Trading Career Right Now
Tuesday, May 30, 2023 - 12:09pm | 956Candlestick patterns are widely used in technical analysis to predict future price movements in financial markets. By analyzing the shape and formation of candlesticks, traders and investors can gain insights into market sentiment and make informed decisions. In this article, we will explore the...
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Retro Wall Street Aims to Educate
Monday, November 18, 2013 - 5:27pm | 481A couple of "retro" Wall Streeters aim to take clients and investor to a bygone era of trading. Speaking on Benzinga's premarket Internet broadcast, Tim Collins and Bob Byrne shared what Retro Wall Street is about and some insight into their view of the market. "We bring back the old style of...
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DOW Reversal Predicted by the Evening Star Signal
Thursday, May 17, 2012 - 12:35pm | 805Candlestick signals make observing the obvious that much easier. The Dow has been in a downtrend since the Evening Star reversal signal revealed itself. Where some technical methods may have implied a market top on May 1, the candlestick Evening Star signal made it apparent to candlestick...
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Uncovered Calls: Ten Ways to Take Another Look
Thursday, April 5, 2012 - 11:43am | 948The naked call is probably the highest-risk option strategy of all, right? Not necessarily. I have to admit that for most of the 35 years that I have been trading options, I always associated risk with specific strategies. But recently I have begun questioning this assumption, and I have come to...
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Ratio Writes: Evaluating the Risks
Tuesday, March 27, 2012 - 8:22pm | 1127One of the amazing points about options is the flexibility they bring to trading. But is it possible to develop a strategy that holds risk down to a nice low level, while increasing profits? Yes. In fact, there are many conservative trades possible with options. A definition of “conservative”...
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Swing Trading: Spotting the Six Best Swing Reversals
Monday, March 26, 2012 - 4:22pm | 977This article is the last of six on the topic of using options to swing trade. The topic in this article is how to spot reversal using a variety of indicators. The whole concept of swing trading rests on the premise that short-term price movement (especially in reaction to news, rumors or surprises...
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High Profit Reliability - Scoop Pattern Results
Wednesday, March 21, 2012 - 5:56pm | 883Candlestick signals and patterns provide a huge advantage for investors. They allow investors to see what the next price move should be with a high degree of probability. This is merely the result of hundreds of years of witnessing price moves formed by reoccurring investor sentiment. Investor...
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Effective Stop Loss Procedures Using Candlestick Signals
Wednesday, February 15, 2012 - 10:58pm | 1187Most investment "professionals" advise to cut your losses short and let your profits run. The biggest problem with that advice is the professionals never tell you “how” to do it! Fortunately, candlestick analysis makes this process very easy. Simple logic dictates that if a candlestick buy signal...
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Three Stocks That Formed a Tweezer Top Candlestick Pattern
Thursday, February 9, 2012 - 4:11pm | 572By Traders Huddle Staff The share prices for Halliburton (NYSE: HAL), 3M (NYSE: MMM), Williams Sonoma (NYSE: WSM), Riverbed (NASDAQ: RVBD), and Exide (NASDAQ: XIDE) ended the day making a Tweezer Top Candlestick formation as prices fell on the second day of the two-day candlestick pattern....
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Candlesticks - Bears Taking Control on Green Mountain Coffee?
Friday, January 27, 2012 - 12:20pm | 415By TradersHuddle Staff Shares of Green Mountain Coffee (NASDAQ: GMCR) ended the trading session lower by $1.71 or -3.35% from its previous close despite Williams Capital initiated coverage on the stock with a Perform and a target price of $50. Green Mountain saw weakness amid concern over...
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Candlesticks - Is Lululemon Trade Over?
Wednesday, January 18, 2012 - 1:13pm | 213By TradersHuddle Staff, January 17 Shares of lululemon athletica (NASDAQ: LULU) ended the trading session lower by $1.28 or -2.07% from its previous close despite Jefferies bumping its target price on the stock to $65 from $54. lululemon's price action formed what is considered to be a bearish...
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Market Projections Are Worthless!
Thursday, January 5, 2012 - 9:12pm | 1013The start of a new year and everybody is getting ready to make their investment decisions for the year ahead. Professional market analysts make their projections for what the market is going to do over the next 12 months. Exactly what are the benefits of these projections? Nothing! They are...