Three Charts
4:02 AM
I don't believe in wasting time. I am going to cut to the chase and get right into the nitty gritty. We can create a successful strategy by mixing these three charts, the Japanese Candlestick, the MA, and the MACD. The Japanese Candlestick chart offers more buy and sell indicators than all other charts combined. You can sign up for my free course below. However, no one chart alone can provide an absolute entry and exit strategy. We are going to add two of the most trusted charts by full time traders for determining entry and exit strategies. We are going to add the MA chart for Moving Averages and the MACD for Moving Average Convergence Divergences. They are listed on the top of the list below. Many short term full time trades prefer these three charts combined and open in three windows, the weekly chart, the daily chart and the entra-day chart.
The Japanese Candlestick Charts There are basically 17 different money making patterns or symbols used in the Japanese Candlestick chart. However, we will be searching for only a few for determining our entry point. We can use either of the following moving from low to high. We can use the engulfing pattern with the bullish white candle overshadowing the smaller red. You can use the morning star with the bullish white candle over shadowing the small star in the upward trend. Keep a sharp eye out for an inverted hammer with a white bullish candle over shadowing it. You should be searching for stocks that have fallen below their normal pricing, but are now shooting back up. We are using the candlestick as a confirmation to the bullish pattern going up.
The Japanese Candlestick Charts There are basically 17 different money making patterns or symbols used in the Japanese Candlestick chart. However, we will be searching for only a few for determining our entry point. We can use either of the following moving from low to high. We can use the engulfing pattern with the bullish white candle overshadowing the smaller red. You can use the morning star with the bullish white candle over shadowing the small star in the upward trend. Keep a sharp eye out for an inverted hammer with a white bullish candle over shadowing it. You should be searching for stocks that have fallen below their normal pricing, but are now shooting back up. We are using the candlestick as a confirmation to the bullish pattern going up.
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