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Traders

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This site is dedicated to the trader, but will also help the investor. Hopefully it will teach you the basics. So that you can mange your own account with minimum loss. It's all about preserving your capital and not giving back profits.

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Latest Activity: Mar 2

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Ok, lets start with what is needed to form a candle stick. You need the opening price, the high, the low and the close. Now on any chart you can have different time intervals such as a daily candle, a weekly candle, 60 minute candle, 15 min candle, 5 min candle any time frame at all that you chose.
The filled portion of the candlestick is called "the body" (also referred to as "the real body"). The long thin lines above and below the body represent the high/low range and are called "shadows" (also referred to as "wicks" and "tails").

The high is marked by the top of the upper shadow and the low by the bottom of the lower shadow. If the stock closes higher than its opening price, a green candlestick is drawn with the bottom of the body representing the opening price and the top of the body representing the closing price. If the stock closes lower than its opening price, a red filled candlestick is drawn with the top of the body representing the opening price and the bottom of the body representing the closing price.

Generally speaking, the longer the body is, the more intense the buying or selling pressure. Conversely, short candlesticks indicate little price movement and represent consolidation.

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Comment by Ed on March 2, 2013 at 7:27pm: still at it ...for what it's worth......

Comment by Ed on September 29, 2012 at 10:31pm: it's been a year.....what's up?

Comment by Ed on September 3, 2011 at 5:02pm: not much going on here any more

Comment by Ed on June 12, 2011 at 7:49am: we have a speaker every Tuesday at 1:30 talk about the markets, trading styles, mind set or indicators

http://activetrader.ning.com/events

Comment by Ed on March 30, 2011 at 3:25pm: here are some guest speakers coming in the near future....at ... www.activetrader.ning.com

Comment by Ed on March 30, 2011 at 3:24pm: 3-1 thru 3-4 "Gap Guy" " 3-2 @ 4:30

3-1 thru 3-4 "Jim Dalton" 3-3 @ 4:30

3-14 thru 3-18 “Jeff Manson” 3-15 @4:30

3-21 thru 3-25 "Armand Di Carlo" 3-22 @ 1:30

3-28 thru 4/1 Saul Shaoul 3-30 @12:30

4-4 thru 4-8 "Top Dog" 4-5 @ 4:30

4-11 thru 4-15 “Infinity Futures” 4-12 @ 4:30

4-18 thru 4-22 open (preferably at 4-19 @4:30)

4-25 thru 4-29 Stephen Bigalow 4-26 @4:30

5-9 thru 5-13 Adrienne Toghraie 5-10 @4:30

5-16 thru 5-20 Joe Krutsinger 5-17- @4:30