candlesticks basic for trading

In the 17th  century, Japanese rice merchants invented the candlestick charting. The guiding principles of the Japanese candlesticks charting are :  The price evolution is more important than what can explain it (financial information economic, results, etc).  All known information is reflected by the price.  Purchasers and salesmen act according to their expectations and their emotions.  Markets have fluctuations.  Prices should not reflect the underlying value of firms. Candlestick Layout To draw a Japanese candlestick, it is necessary to know the opening price, the closing price, low and highest. If the period is in falling, the candlestick is black. For a rise, the candlestick is white. Bullish candlestick Bearish candlestick Basic Patterns of the Japanese candlesticks White candlestick with small body  Little price movement and represent consolidation.   Black candlestick with small body  Little price movement and represent consolidation.   White candlestick with long body  Intense buying pressure.   Black candlestick with long body  Intense selling pressure.   White Marubozu White candlestick with long body. The opening price is equal to the lowest and the closing price is equal to the highest.  Marked buying pressure. Sellers did not succeed to pushing price under opening price.   Black Marubozu Black candlestick with long body. The opening price is equal to the highest and the closing price is equal to the lowest.  Marked selling pressure. Buyers did not succeed to pushing price on top of opening price.   White Candlesticks with a long upper shadow and short lower shadow  Marked selling pressure but sellers did not succeed to pushing closing price under opening price.   Black Candlesticks with a long upper shadow and short lower shadow  Bear signal. More the upper shadow is long, more the signal is strong.   White Candlesticks with a short upper shadow and long lower shadow  Bull signal. More the lower shadow is long, more the signal is strong.   Black Candlesticks with a short upper shadow and long lower shadow  Marked buying pressure but buyers did not succeed to pushing closing price on top of opening price.   White Spinning Top  Spinning tops represent indecision. It's a potential change or interruption in trend.   Black Spinning Top  Spinning tops represent indecision. It's a potential change or interruption in trend.   Hammer (White) and Hanging Man (Black) White candlestick (or black) with a long lower shadow and a (almost) null upper shadow.  It's potential trend reversal. Hammers can mark bottoms or support levels.   Inverted Hammer (White) and Shooting Star (Black) White candlestick (or black) with a (almost) null lower shadow and a long upper shadow.  It's potential trend reversal. Inverted Hammers can mark support levels. A Shooting Star can mark a resistance level.   Doji The doji appears when opening and closing price are (almost) equal.  Neutral pattern, it often precedes an important price movement.   Long-legged Doji Long-legged doji have long shadows that are (almost) equal in length.  Long-legged doji represent strong indecision.   Doji with a short upper shadow and long lower shadow  Bull signal if it appears in a bear trend.   Doji with a long upper shadow and short lower shadow  Bear signal if it appears in a bull trend.   Dragon fly Doji  Dragon fly Doji is a potential trend reversal. Strong signal if it appears in a bear trend.   Gravestone Doji  Gravestone Doji is a potential trend reversal. Strong signal if it appears in a bull trend.

Google+ vs Facebook

It is three weeks old and still not out of the labs but Google+ already boasts over 10 million users. What's drawing in the new fans? 

Unabashed imitation of Facebook's key inventions and a clutch of great innovations of its own. 

Here's a feature by feature comparison of the newest social networking rivals. 

Posts vs Wall 

A blatant copy: G+ posts are styled like FB's except one addition: you can disable reposts (they're like retweets) and comments right there. 

Stream vs News Feed 

Remove the signature Facebook Blue and you can't tell Stream from Feed. Imitation is the best form of flattery. Or maybe an admission Google couldn't think better? 

Circles vs Lists 

A winner for G+. 'Circles' are groups to categorise people you know and share posts, feeds or photos exclusively. Basic Circles like 'Friends' and 'Family' are preloaded but you can create your own. (Think 'work monsters'). Compared with this, FB's Lists is plain boring. 

Hangout vs Video call 

The cracker. Hangout allows up to 10 people to video chat together. Tiny feeds of buddies line up the bottom of your screen with a big image of the person talking. There's a window for text chats and a button for watching YouTube . FB's latest one-on-one video chat just doesn't make the cut. 

+1 vs Like 

There is something about saying I 'Like' that just isn't in I '+1'. But Google is using it to make its search social too.