OPTIONS

Tuesday, October 9, 2007

Learning / Understanding Candlestick Charts

Click the following links to read each of the articles:

1) How To Read Candlestick Chart – The Basic

2) Understanding Candlestick Formation:

a) Part 1: Long & Short Candles
b) Part 2: Long Shadows, Hammer / Inverted Hammer, Spinning Tops
c) Part 3: Doji, Long-legged Doji
d) Part 4: Dragonfly Doji, Gravestone Doji

3) Major Candlestick Patterns:

a) Bullish vs. Bearish Engulfing

b) Harami Bullish vs. Bearish
c) Harami Cross Bullish vs. Bearish

d) Piercing Line vs. Dark Cloud Cover

e) Hammer vs. Hanging Man
f) Inverted Hammer vs. Shooting Star

g) Morning Star vs. Evening Star
h) Morning Doji Star vs. Evening Doji Star
i) Abandoned Baby Bulish vs. Bearish

j) Tweezer Bottom vs. Tweezer Top

4) Summary:

a) Major BULLISH Candlestick Patterns
b) Major BEARISH Candlestick Patterns


Related Topics:
* FREE Trading Educational Videos You Should Not Miss
* Learning Charts Patterns
* Options Trading Basic – Part 1
* Options Trading Basic – Part 2
* Understanding Implied Volatility (IV)
* Understanding Option’s Time Value
* Option Greeks

Related Posts:

  • Major Candlestick Chart Patterns: BULLISH vs. BEARISH ENGULFINGBoth Bullish & Bearish Engulfing are reversal patterns.Whether a pattern is bearish or bullish reversal, it depends upon whether it appears at the end of a downtrend (Bullish E… Read More
  • HARAMI BULLISH vs. BEARISHBoth Harami Bullish & Bearish are reversal patterns.Whether the pattern is bearish or bullish reversal, it depends upon whether it appears at the end of a downtrend (Harami Bul… Read More
  • PIERCING LINE vs. DARK CLOUD COVERBoth Piercing Line & Dark Cloud Cover are 2-day reversal patterns.Whether a pattern is bearish or bullish reversal, it depends upon whether it appears at the end of a downtrend… Read More
  • HARAMI CROSS BULLISH vs. BEARISHHarami Cross Bullish & Harami Cross Bearish resemble Harami Bullish & Harami Bearish.Harami Cross can be seen as the variation of Harami pattern.The difference between Hara… Read More
  • HAMMER vs. HANGING MANBoth Hammer and Hanging Man have the same shape, i.e. candlesticks with long lower shadows and small real bodies.The lower shadow should be at least 2 times longer than the body.Th… Read More

2 comments:

Tanady said...

Hi,

I agree about what you've said about candlestick chart. Your blog is awesome! Very informative.. thank you.

Anyway, I have done some research in options trading.

Please kindly visit my blog at:
http://www.options-university.biz/blog/futures-trading/trading-commodity-futures-for-small-traders and comments will be greatly appreciated.

Thank you very much.
Sincerely,
Tanady

OPTIONS TRADING BEGINNER said...

Hi Tanady,

Thanks for dropping by. :)
I'll surely visit your blog.

Cheers,
OTB