Candlestick Patterns Explained (Part I)

By Ahmad Hassam

Candlestick patterns can reveal a lot about the underlying market sentiments. Using one of these candlestick patterns without knowing about the previous trends wouldnt be very useful. Based only on the market activity of the previous few days, most candlestick patterns are valid. For instance, some of the candlestick patterns indicate a change in trend.

Usually the context in which you find the candlestick pattern tells you a great deal about what you should do based on that candlestick pattern. Lets consider simple candlestick patterns first.

The Bullish White Marubozu: It represents the day when bulls control the market and push prices higher from the opening to the closing. The longest white candle is the most bullish of the candlestick patterns. Chances are the bulls will be back for more buying the following day with the long white candle closing near the high.

This means that buying has been taking place all the day. With the long white candle, the low price on the candlestick is a good support level. One common feature of the long white candle is an open near the low of the day and a close near the high of the day.

The Bullish Dragonfly Doji: A Doji is formed when the opening and the closing prices are the same. So essentially there is no stick in the candlestick. For a Doji to be created, a day must begin and end with the same price.

A Doji may not look very exciting to you. But dont be fooled. Doji patterns are usually associated with a market turn. Doji depicts a day where the battle between the bulls and the bears has been fairly equal.

The price action depicted by the Dragonfly Doji bodes very well for those hoping that prices go higher. The low of the Dragonfly Doji day is considered a near term support level. A Dragonfly Doji is unique in that three of the four candlestick patterns- the open, high and the close are all equal. You can make smart trades based on the Dragonfly Dojis.

The Bearish Long Black Candle: A long black candle means that sellers take over at the beginning of the day and push prices lower and lower until the end of the day. The long black candle is the direct counterpart of the long white candle discussed earlier. The long black candle is as bearish as it gets.

Price sensitivity is very low for these sellers. These sellers are selling just to get out of their trades. Seeing this type of enthusiastic selling must give you the confidence after the appearance of the long black candle that the bears will be in control for a few more days. The long black candlestick pattern is a good bearish signal. You can capitalize on this fact. - 23199

About the Author:

Mr. Ahmad Hassam is a Harvard University Graduate. He is interested in day trading stocks and currencies. Know The Candlestick Patterns. Learn Forex Trading!

US Silver Eagle Coins

By George Lapidis

Silver coins form an integral part of any coin collection. The American Silver Eagle Coin Sets are valued as special because they are of the largest size available in the market and made of the purest grade of silver in the history of the United States.

There are a number of other aspects associated with silver eagle coins that add to their value. First of all their size is such that they are easily portable. Hence you can carry your collection around with you.

Since the Silver Eagle coin collection is recognized all over the world it has instant liquidity, and they are valuable on over the world. Another advantage of this collection is that they have government guaranteed status.

Although collectors value silver eagle coins the question is how you compare their uniqueness and worth with other special collectible coins. This is because silver eagle coins are not antique.

On the contrary they are quite a young series as they have only been in circulation for twenty years.

Individuals interested in adding silver eagle coins to their collections need to be aware of the place where they were minted and when they were minted. You also need to know about the available mint marks and have a good comprehension of the coin finishes.

The Silver Eagle coin collection is available only for collectors and not meant for market circulation and trading. They can be purchased directly from the US mint.

In the early years of silver eagle coins the uncirculated coins were not available for sale from the mint. Rather they could only be purchased from certified coin dealers and precious metal firms.

This is perhaps one of the most sought after silver eagle coins by collectors. The 1955 silver eagle is part of the first limited edition set of coins. The set also had the 1995-W Proof American Silver Eagle which was not available by itself in the market.

The one ounce American gold eagle combined with the half, quarter and tenth were also included in the set. The set was available in the market for less than a grand with only 125 sets minted in total.

The government guarantee further enhances the value of these coins as the originality of the coins is guaranteed by the government certification. The minters manually filled the coin into the coin press and special blanks were burnished to create a unique mint mark for each of the coins.

Today the American silver eagle is credited as being the best selling silver coin collection of the world. Over 130 million have been sold since 1986 each one made from 100% pure silver guaranteed for by the sate. - 23199

About the Author:

silver balboa coins are being bought in larger numbers as consumers look for safe alternatives to bank deposits. For more in depth guidance on investing in American eagle silver coins click on the hyperlinks.

Making Money Online With Forex: Forex Robots Trading Software Review

By Phil Jarvie

To a person new to the idea of forex trading, it may all seem far to confusing to even consider it. But if you ever wanted to work from home with an independent income then it is worth you taking a closer look at forex trading. The old days of forex only being available to large banks and brokers with professional and highly specialized full time traders are gone. yes they still exist, but also available in the last few years is software that makes home traders just as able to make a great income. Some of the software is used manually. Importantly however, there are many automated forex trading robots that will trade on your account while you do absolutely nothing.

Forex trading involves leverage. Leverage is where for every $1 you commit, you are controlling perhaps $100 or $200 etc. The leverage on your account can be chosen by you and also the broker you chose to work with. What the software does is it makes your buying and selling decisions for you - so you don't need to be the expert. Automatic and automated forex software trading systems provide you with expertise of a trader without you being an expert. Now when it comes to these forex robot and software programs you have a lot of different choices ahead of you. Just to name a few:

Which is the biggest software robot on the market? Without question it is called Fap Turbo. 37,000 users have bought this forex robot over the past 9 years and it really is the industry heavy-weight. Fap Winner is the additional package you must buy as it gives Fap Turbo and Fap users the best insights and settings to use to get the best profits out of them in changing market conditions. As the biggest, you will definitely need this expert advisor forex robot in your tool kit. But there is more.

Forex Maestro: The Forex Maestro is actually the work of one of these "secret think tanks" - and many have said the author of the program never gave his consent for it to be sold. It was made available and circulated within the private members of the club, but no one had permission to sell it, or rename it or to do anything with it other than private use and testing. Be that as it may, it has been successfully sold in the market place for quite some time now, and it is worth considering as part of your toolkit.

A lesser known forex robot is called the Forex Funnel. All forex vendors have tacky sales pages, and this one is no different. But after you get past to high pressure sales tactics and sales hype, this robot a serious tool. It is designed to operate on larger trading accounts, and it is not for beginners. You should have at least $5,000 in your trading account, and because it is aggressive when it gets going, I recommend it only for experienced players. If you are new to forex trading, then come back to have another look at this robot in 6 months time.

All of these programs are "good", but which is the best one to go with? Which one HAS made people money? What has the best design, is helpful for newbies and has the best user-interface? In this case, I would suggest that you check out some of the nicer review sites online that specifically feature these bots. The reviewer is going to list a summary about the product, whether its recommended, why, what it does, how it does it, what kind of leverage you are looking at and where it can be bought.

The temptation is to fall victim to the sales claims made by the forex robot vendors. Remember they are not your friend. Remember that much of what they claim is lies and fluff designed to trap you into their web. Know that they are appealing to your/human greed and laziness. Of course everyone wants fast, lazy and huge profits. But being realistic, if all their claims were true then they don't need to sell you anything - they could simply use their own forex software to compound profits into many tens of millions of dollars. Be smart about this and you will soon have a new career as a forex trader. First thing is first. You have some things to learn first. - 23199

About the Author:

F0rexPhil has been Forex trading professionally and testing forex trading software and EAs for many years. His automatic online forex trading software review website is known to be one of the best there is for honest opinion on how good they are.

Exquisite Silver Spinner Ring

By George Petronis

When looking at fashion jewelry, silver spinner rings have become quite popular in the fashion world. Over the years they have been worn by diverse generations in specific areas but now have caught on in the global fashion world.

These rings are a marvel of craftsmanship and quality! They have a unique design feature in which the main silver band has another band attached to it but this can be manually moved around the ring base.

The silver spinner ring is not simply a fashion item; in fact it is utilized as an item to calm down anxious or nervous people who can simply spin the outer band with their finger and enjoy the relaxing feeling of this motion.

Quite similar to other stress reducing gadgets, like worry beads and the Chinese balls, silver spinner rings have been used to relieve the negative emotions and emotional baggage that the owner might want to let go of.

If you suffer from stress and worries then investing in a silver spinner ring can prove to be a worth while investment. Not only will you benefit by the rotating action that the spinner ring has rather you will even feel rejuvenation with a brand new stylish ring that will make you look good.

The various kinds of rings available in the market today are trendy and stylish enough to be worn discreetly and not give away the real purpose. They look as normal and stylish as the accessory rings so you can wear them with comfort.

The silver spinner rings offer simple creativity and design options which are very cost effective. If you are looking for a trendy design expression that is cost effective then there are more expensive designer versions also available in the market.

The fact that they are made of silver makes them all the more worth while. This is because silver is generally cheaper as compared to other precious metals. At the same time however silver has a very rich appeal which can produce an admiration inspiring effect.

Thus this trendy silver spinner ring allows you to make a fashion statement while de-stressing and relieving your anxiety at the same time.

When purchasing a silver ring you'll have invested in a beautiful and long lasting item because silver becomes strong and durable when mixed with other metals.

It is commonly known that 100% pure silver cannot be used to create jewelry because it is too soft, and has to be mixed with other metal. Sterling silver therefore is a great option to get silver jewelry that is long-lasting and stylish. - 23199

About the Author:

If you'd like to know more visit the authors site for Silver ring advice. If you need more info on choosing a sterling spinner ring click on the hyperlinks.

Is Your Forex Signal Provider Providing Value?

By Tim Barnby

Is your forex signal provider providing enough value? Signal providers offer a valuable service. They monitor the markets and alert traders of great setups. I like to look at it as an affordable outsourcing solution. Instead of staring at the computer all day and night, I can spend time with my family.

The question remains, however, whether or not signal providers provide enough value to their clients. For a few traders, the traditional signal provider is a great solution. Those traders have no interest in learning to trade and simply want someone to tell them what, when and for how much, to trade. Most, however, seem to want more.

There is a new type of service that offers ongoing education, mentoring, and consistent contact between clients and the trader(s) who generate those signals. These new hybrid services offer hosted live trading rooms, libraries of e-books and video courses, trading systems with training, money management systems. The best among them offer private Master Mind forums with trading system support and even trading system development forums where aspiring professional traders and system marketers can work with others to develop new products and personal systems. At the very top of the class you'll find even more features.

The leaders of this pack offer detailed weekly forecasts, and even daily video analysis of the major forex pairs. These new service providers offer signals as a way to pay for the service. The trader pays a monthly fee, has access to all of the features, and gains all of the benefits, then receives a few cherry-picked signals that help pay for that service. It's almost like the service provider is building a business model that pays him but costs the client nothing. In fact, the service should actually make money for the client.

The Market Mover Edge is a service that offers all of the above features and more. Clients even get a live telephone consultation with the owner. The signals provided are based on the daily and weekly charts and consistently make money. Members are given a money management system, very simple systems to trade, live trading room sessions, and ongoing mentoring and support provided by a professional currency trader. - 23199

About the Author:

No matter which Forex trading system you choose, to be profitable in Forex you must gather three elements: Money Management, Proper (Instructor Led) Education and the Mental Game (comes from the first two). We provide everything you need from live trading rooms to intense individualized mentoring programs at The Market Mover Edge