V. 20:1 (71-76): Working Money: The Engulfing Pattern by Sharon Yamanaka

V. 20:1 (71-76): Working Money: The Engulfing Pattern by Sharon Yamanaka
Item# \V20\C01\014ENG.PDF
$3.95
Availability: In Stock

Product Description

The Engulfing Pattern by Sharon Yamanaka

This major reversal pattern is simple to use. You donít even need additional indicators. Find out how.

Candlestick formations originated in 18th-century Japan, where the market action was explained in much the same way that we describe stock market sentiment today: as an ongoing battle between bulls and bears fighting for control. Compared to the bar chart, candlesticks use the same information (high, low, opening, and closing prices), but the opening and closing prices are emphasized by converting them into rectangular bodies, or candlesticks, that are closed (dark) when the close is lower than the open, and open (white) when the close is higher (Figure 1). These bodies emphasize the bullishness or bearishness of the market. One glance will give the investor an overall impression of darkness or light that can highlight a stockís rise or fall, even when the overall trend isnít particularly apparent. And therein lies the strength of this charting technique.




FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.




Take Control of Your Trading.
Professional Traders' Starter Kit
All these items shown below only $299.99!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order