Groupon
Chart Usage InstructionsShow
Each candlestick in the chart can be mouse-clicked to show the open, high, low, close price points along with the 10-day exponential moving average. Upon mouse-clicking the chart area to give it focus, the up and down keyboard cursor keys (arrow keys) can be used to select the function of the left and right cursor keys. The selected cursor key function is shown at the bottom of the chart area e.g. "pick candlestick". In addition to using the cursor keys to control chart navigation, the mouse-clickable buttons below the chart area can be used to navigate the chart.
When a candlestick is selected, either by keyboard cursor key or by mouse click, a vertical line is drawn to align with the information on the horizontal axis of the chart. The presence of a 'B' or 'S' designates a buy or sell action. A box marker indicates if a candlestick pattern exists in which case the candlestick type is shown in the information area below the chart. The presence of a horizontal line shows the price level above/below which the buy/sell action should be taken. The actual price is shown in the information area below the chart.
Where a candlestick is marked by a box on the chart's horizontal axis, it means a candlestick pattern has been detected with a resulting action commentary to buy or sell the stock on the next trading day if the stock movement follows the condition stated in the action commentary. The system is always in the market with either a long or short position on the stock.
More you might like
This article explains how to succeed in trading using candlestick technical analysis.
This article covers day trading experiences examining what works and what doesn’t work. Many similarities exist between day-trading and short-term inter-day trading.
This article covers two approaches to dealing with candlestick technical analysis. The trader can learn the candlestick patterns, the situations in which they translate into trend reversals, and apply the analysis to trading decisions. Or the trader can use the assistance of software.
This article presents the notion of migrating from a long-term buy-and-hold investing strategy to a short-term profit-making trading style, capitalizing on the rise and drop of the stock price (following the trend and profiting on the cycles).
Buying and selling of private company shares in secondary market exchanges.
