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Candlestick Stock Traders are Buying
If you’re going to trade the markets using technical analysis, get acquainted with Japanese candlesticks. Simple bar charts don’t offer as much or as detailed information on price patterns. Nor do they have the history and experience of this centuries-old Japanese method.
Candlestick charting began in the 17th century and was used primarily as a tool to trade rice. Since then it has become the preferred method of chart analysis for most active traders and technical analysts the world over.
We’ll start with a simple pattern that has popped up on a wide array of charts in the last week – a…
15Sep2008 | Oxbury Research | Comments Off | Continued10 Global Trends to Follow for the Next 18 Months
There’s an old Wall Street adage that tells us that “the trend is your friend.”
And there’s a witty bit of wisdom we’ve developed here at Money Morning to help guide our readers and us that says: “Go global or go home.”
Combine those two and you’ll discover that you’ve got yourself one very strong investing strategy – if you choose the right trends, that is.
Surprisingly, that’s nowhere near as difficult as most investors think. All you have to do is to look around you, and study the forces that are at work in the markets each day. If you do that on…
7May2008 | Money Morning | Comments Off | Continued
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