Bullish Harami Pattern: Formation and Strategies
The image below shows what investors and traders need to look out for while spotting a bullish harami. To better illustrate the interpretation of the Bullish Harami, let’s consider a hypothetical scenario. Imagine a stock that has been experiencing a prolonged downtrend due to negative earnings reports. Suddenly, the company announces a significant partnership agreement, […]
Read MoreBullish Harami: Definition in Trading and Other Patterns
The Bullish Harami consists of a small bearish candle followed by a larger bullish candle, suggesting a potential uptrend. In contrast, a Bearish Harami pattern has a small bullish candle followed by a larger bearish candle, indicating a possible downtrend. The doji candle, known for its minimal or nonexistent body, represents a balanced tug-of-war between […]
Read MoreUnderstanding How At Par Works, With Examples
I would use “at par”, to at least use the term consistently with golf, for what it is worth. A financial professional will offer guidance based on the information provided and offer a no-obligation call to better understand your situation. Our mission is to empower readers with the most factual and reliable financial information possible […]
Read MoreGold Buying Muhurat 2024: Best Date And Time To Buy Gold
Lord Rama had killed Ravana and Goddess Durga had slain the demon king on this day. To celebrate their victory and the beginning of good times, people buy gold. It is no hidden fact that since ages, gold has held a high significance in Indian culture. Auspicious Days To Buy Gold In 2024 Navratri is […]
Read MorePairs Trading for Beginners: Correlation, Cointegration, Examples, and Strategy Steps
They have 20+ years of trading experience and share their insights here. Pairs trading is market-neutral because it focuses on trading the spread of the pair rather than the direction of the overall market. Traders aim to be profitable regardless of whether the market moves up, down, or sideways. Correlation is handy but might be […]
Read MorePairs Trading Strategies: A Guide for Investors
In it, an investor will take a long position on stock Alpha, which has underperformed. At the same time, they’ll short stock Beta, which has outperformed. In a pairs trade, an investor will look for two separate securities that have a historically high correlation, but have fallen out of sync. If “stock Alpha” and “stock […]
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