This combination is composed of a long black body followed by a white body. The white body should open lower and then close above the centre of the black body. Basically, the market gaps lower on the opening and then retraces to close above the midpoint of the previous period’s black body. If the white body does not “pierce” this halfway point, more weakness can be expected in the market. We have found this pattern to be most significant in a downtrend, or at the lower end of […]
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RSI should always be used in conjunction with other indicators as a way of making an accurate decision for opening and exiting trades. Likewise, […]
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R. Rana is an MBA graduate from the Netherlands who currently lives in Germany.
Realised profit or loss will add to or subtract from your account cash balance.
With automated trading, the robots do the trading for you, but this can leave y […]