The Harami pattern is composed of two candles. The body of the first candle is the same color as the current trend, normally black or red for a downtrending market and white or green for an uptrending market. The first candle of the pattern has a long body, the second candles body is shorter. The [...]

The Doji is one of the most important candle signals of all and the only one that looks the same on both Candlestick and Bar charts.
There are many versions of the Doji, but all of them rely on the fact that the open and close are virtually equal. What happens in between decides the type [...]

The reversal signal is the first thing you need to be looking for when planning a new trade. As their name implies; they signal a reversal in a market trend. A great many fortunes have been made by mastering the skills to spot a trend reversal. It is the stock in trade, excuse the pun, [...]

The markets exist to facilitate trading and are driven by floor traders. These are the guys who work the pits every trading day regardless of whether the markets are volatile or not. Just like the circle of the economy, if there is no movement the markets will die and no money will be made.
Therefore, it [...]

I hear so many people say ‘I can’t trade, it doesn’t work for me. I’ve tried every system going’. Let me tell you right now, anyone can trade.
It’s just a matter of having the discipline to learn how to do it. Some people pick it up quicker than others. Another key point lies in the [...]

About a hundred years after Leonardo de Vinci had developed his myriad mechanical devices and painted the world renowned “Mona Lisa”, a young Japanese Rice Trader realised the sophisticated connections between the Open, High, Low, and Close market prices for the day and depicted them graphically using symbols. These symbols are known today as Candlesticks.
Consider [...]