Copy of The Trading Code SCAN 2 PDF
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This document analyzes stock market trends using various technical indicators and chart patterns. It provides insights into price movements and potential trading opportunities, highlighting concepts such as uptrends, downtrends, and fluctuations. The document also mentions different types of candlesticks and patterns.
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Stock Market - ↳ undervalue ↳ overvalue ↳ separation of two lines in a trading chart - ↳ Intersection...
Stock Market - ↳ undervalue ↳ overvalue ↳ separation of two lines in a trading chart - ↳ Intersection ↳uptrend , aggressive move , green ↳downtrend , decrease or decline , pessimistic movement ↳ thelowest Priceofthe seee ↳ highest - price decline possibility ↳price to increase - traders profit when it is increasing ↳ price to decrease ↳ Scenario where there is uninterrupted increase in price L Unrealized profit ↳ Unrealized loss ↳ trading within the start up to the end of the trend ↳ trading within the trading hour or schedule ↳ Fluctuation in price L indicators that move within specific range ranges From 0-100 Day Candle CO O>C HIC t e o Ot e this is where decisions are based - hammer buying tail b vs. S = b 0 = 2 green-buying Being Fai > engulfing pottPicsClosi 1. - a 11IC - 40 H10 L H/C 2 ① H ~O C ↳ exit point > entry point wave 2 and 3 = more profitable wave 1 = breakout entry quitable entry mot Great best entry Butwe is a in t :She e summarizes the movement of prices broken ↳ support will be S ↳overbougnt demand > supply : higher price Individual investors sell individual investors are buying supply> demand = lower price R S u big Funds and institutions are buying - Sideways ↳ resistance will be broken - > sale of large volume of securities causing the price to decline when thepriceoftranse red or moves below a support area - uptrend institutional investors are buying - St deways T = dragontly doji -graunstone dinin - hanging man inverted hammer is = : shooting star -above he is candes e g sc-belowthedigit SC-below the 50% of the e BP-above the hammerCandleshig candle's low P-above the barot cancle'shise Sc-below the candle's low & e ⑭D = bullish engulfing 1 = bearish engulfing i la a portanbanvacee ! = piercing line = dark doud cover = bullish Kicker D = bearish Kicker SC-below engulfing candle's low BD-aboveengu!AngCanales his he Bp-abovethe smallestSecondcandle'se SC-below the smallest second candle's low -abovethe second Canale highere SC-below the second candle's low BP abovethe second carcle's highe - SC-below the second candle's low Be-abovethesecondcandles hihe SC-below the second candle's low & Technical indicators analog historical aovemenis -not 100% accurate - ⑲ i = morning star * Is evening star - ⑲5 = bullish abandoned baby + is = bearish abandoned baby Di 1]= rising three method * is T = Falling three methods ↳P everWhiteOsldere Bp-above the thirdcandleshise SC-below the third candle's low BD-abovethe irdcandle the g SC-below the third candle's nw candle's low BP-above the thirdcarahere SC-below the third above the First long candle'shigh SC-below the first long candle's low BP - below the third short candle's low longblackcarene 1. 2. 9. long ↳ 1. long white cande 2 Star. ~ s long black candle. above the third candle's high below the third candle's low below the third candle's low First above the long candle's high below the third candle's low below the Forg candle's low engulfing harami line piercing dark cloud cover Kicker tweezer bottom tweezer top morning star eveninge bearish abandoned baby bullish abandoned baby - spose -extremely tired itutional selling Fictional buying Timing trends reversal leading -predict price movement y y , , lagging-contium something it supplement and compliment y each ↳ other Fire andire Oncemovement ent 50 is above 200 200 is above 50 ↳ use to predict movements ↳ use to confirm movement mean - - buy/sell blue ↳ price movement Convergence (crosso e) resignal geht ere Limitation : 1 lagging indicator -. difficult to MA2Pot" aibe"swaus 2. Use Sideways ↳. ↳ -2 green red -> overbought / oversold is good in sideways movementt Limitatiostay-unreliable S overbought d are leading indicator predictpricemovementovement a = - - > - - sell buy -> ML-LL ↳ UL-ML I buy. I sell ? ↳ Where will be the next support so can the next resistance so can Resistance = sell support = buy -