Learn more about moneyandinvestments with this collection
How to manage risk
How to analyze investment opportunities
The importance of long-term planning
Candlestick Patterns
Patterns are separated into bullish & bearish. Bullish patterns indicate that the price is likely to rise, while bearish patterns indicate that the price is likely to fall. No pattern works all the time, as candlestick patterns represent tendencies in price movement, not guarantees.
90
652 reads
MORE IDEAS ON THIS
Engulfing Pattern
As seen in the illustration, the second candle completely overwhelms the prior candle:
- For a pattern to qualify as bullish engulfing, the high of the second candle should hit higher prices than the high of the prior candle. The same scenario applies for the low. ...
73
465 reads
Candlestick Components
The candlestick has a wide part, which is called the "real body", and a narrow line called the "shadow":
- The body represents the price range between the open and close of that day's trading.
- When the real body is filled, black, or green it means the close was ...
75
587 reads
Harami Pattern
The first stick is large & the second one significantly smaller. Also the second candlestick is contained within the body of the first candlestick:
- Bearish: a small red body completely inside the previous day's real body. This is not so much a pattern to act on, but it...
76
458 reads
What are (Japanese) candlestick charts?
They originated in Japan the 1700s, as a way to measure the supply & demand of the rice markets:
- They show four price points (open, close, high, and low) throughout the period of time the trader specifies.
- They are used by traders to determine possible price movement based on ...
79
833 reads
CURATED FROM
IDEAS CURATED BY
Life-long learner. Passionate about leadership, entrepreneurship, philosophy, Buddhism & SF. Founder @deepstash.
Related collections
Other curated ideas on this topic:
Old Belief Patterns
Dysfunctional people, who are stuck in an old belief pattern will say things like:
- We must know our passion.
- We should know what to do by the time we are out of college.
- We should keep optimizing to be at our best.
All of these belief patterns assume t...
Making motivation a habit
- Make the start easy: You shouldn’t need motivation to start your pre–game routine;
- While your routine should be as easy as possible to start, it should gradually transition into more and more physical movement;
- You need to follow the same pattern every single time: Eventually...
Our Urge To Tell Stories
Gossip on celebrities is largely constructed of narratives, with arcs and patterns — the swift rise, the first fall, the redemption. According to this theory, we love gossip because it ties into our human innate fascination with storytelling.
Stories often have a moral component t...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates