candlestick strategies

Support and resistance levels

Support and resistance levels

Support and resistance levels are fundamental concepts in trading, applicable to both long-term investments and short-term day trading. Both levels represent points on the chart where the price tends to halt and, in some cases, reverse direction. Therefore, many traders use these as potential points for buying or selling, especially…
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Bullish Engulfing

Bullish Engulfing

The simpler, the better. That’s often the case with trading strategies. Here is an example of a strategy that can yield a strong return if you enter the market correctly. The strategy has been backtested with good results. We have tested it on 2-, 5-, and 30-minute charts in Dow…
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Candlesticks

Candlesticks

Candlestick charts were invented by Japanese rice merchants in the 17th century and were used to trade rice contracts from around 1710 onwards. Fundamentally, these are charts that contain more information than the classic chart, the line chart, and therefore also offer the possibility of reading the market in a…
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Engulfing strategy

Engulfing strategy

When prices move sharply up or down, diving headfirst into the market is tempting. However, trading based on emotions often ends poorly. Therefore, we have found a simple strategy that can help most day traders “keep a level head” – at the same time, allowing you to participate effectively in…
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