Tag: Trading
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What Is The Difference Between Long Legged And Dragonfly Doji
Introduction Long Legged Doji and Dragonfly Doji are two fundamental type of Doji Candlestick Pattern. Before we dive deep down into the technicals of these candlestick patter, let’s understand what is a Doji. A Doji is a Candlestick Pattern in a trading chart which indicates that the opening price and the closing price is the…
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Unveiling The Secrets Of The Doji Candlestick Pattern
What is a Doji Candlestick Pattern Doji Candlestick is a type of pattern that has the same opening and closing prices, yet having some flexibility during the period of formation. The opening and closing prices are roughly equal or very close to one another. This gives the Doji Candlestick Pattern its distinctive shape of a…
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What Happens After Formation Of Marubozu Candlestick Pattern
What is Marubozu Candlestick Pattern Marubozu is a Japanese word that means Dominance. Thus, it is an extremely powerful candlestick that depicts change in trend. The Marubozu Pattern is interpreted by traders as a clear sign that the preceding downturn or upturn is coming to an end and the trend is about to reverse. It…
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How To Identify Bullish Engulfing Candlestick Pattern
Introduction As a technical analyst, it is crucial to be aware of all the important technical patterns in order to execute and predict the trend of the market and similarly place the trades. One such commonly referred price pattern is the bullish engulfing pattern. You might also like: How To Trade Using Relative Strength Index…
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What Is The Difference Between Arbitrage And Trading
Introduction Before understanding the difference between arbitrage and trading, let us revise their basic definition. What is arbitrage Arbitrage is defined as the simultaneous buying and selling of the same item in multiple marketplaces, in order to profit from small price differentiation. It takes advantage of short-term price fluctuations in same or comparable financial products…
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How To Choose The Right Penny Stocks In India
What are penny stocks The phrase “penny stocks” was invented by the west to describe equities that are traded for less than a $1. In the Indian context, any stock that is traded for less than Rs. 10 is considered a penny stock. There are hundreds of firms traded on the stock exchange every day,…
