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What is Inverted Hammer in Stock Market?
Inverted Hammer: When the market is in downtrend, inverted hammer is the signal where the market gives an indication that it goin to be reversed. There are some conditions to be applied in order to identify a valid reversal. The market has to be in downtrend before formation of this signal The upperRead more
Inverted Hammer:
When the market is in downtrend, inverted hammer is the signal where the market gives an indication that it goin to be reversed.
There are some conditions to be applied in order to identify a valid reversal.
If the above three conditions are fulfilled, then we can identify there is a definite reversal in the market.
See lessWhat are the Topics Covered in the Book “How to Make Money Trading with Candlestick Charts”?
Is it worth reading the book How to make money trading with candlestick charts? Definitely a BIG YESSSS. The book titled "How to make money trading with candlestick charts" is written in a simple and understanding language. The author of the book is Balkrishna Sadekar. Each concept in this book wasRead more
Is it worth reading the book How to make money trading with candlestick charts?
Definitely a BIG YESSSS.
The book titled “How to make money trading with candlestick charts” is written in a simple and understanding language. The author of the book is Balkrishna Sadekar.
Each concept in this book was so easy to understand and also to implement.
The following are the topics covered in this book.
1. Introduction
2. Candlestick Trading: The Basics
3. The Doji
4. Hammer and Hanging Man Signals
5. Inverted Hammer and Shooting Star Signals
6. Engulfing Signals
7. Dark Cloud and Piercing Signals
8. The Harami
9. Morning Star and Evening Star Signals
Part II
10. Combining Candlesticks with Technical Analysis
11. Trading Setup
12. Candlesticks for Longer Term Trading
13. Conclusion
You will get a clear understanding of Candlestick patterns after reading this book. This is one of the must-read books of stock market.
At the end of the book, the author was explained all the patterns with the real-time examples.
When to take trade, when to avoid and everything was explained in detail.
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