Morgan Stanley - Candles and Gaps

362 1 7
This is not a trade ideea, I just wanted to label what happened last 8 months, so when I will see the next signal i can compare it with the recent history.

The chart is kind of full, so I recommend you watch the numbers in the elipses and look for the explanation, not the other way around.

Now, about the chart, I can't make a 100% prediction on the resulting profit because I didn't trade these patterns, I just saw them today when I was looking at a breakout ideea posted by 'flavisam', but I think they would turn out quite profitable because all the losses were small and a few of the good trades had really good gaines. The only problem is the high frequency trading, which means many commisions, but I think that on a decent account at a decent broker it wouldn't be a problem.

As you can see, last 4 months we had fewer signals with more profitable trades, so let's hope this will continue.

I'm sorry if I missed anything, please point it out to me if u find something.

If I will see another pattern, I will post a comment.

Right now we are in a consolidation period, I'm waiting for a breakout or a candle pattern at the bottom of the consolidation near the psychological level.
I see a piercing line pattern on 14.01.2014. Watch for the open in 30 minutes.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out