Trading Pattern Spotlight
Doji
Candlesticks
Doji candlesticks… This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler text. This is filler.
Tier
What Is a Doji Candle Pattern?
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Why Doji Candlesticks?
For the time being, this site is mostly just a data dump. Over time, it may become more useful to the outside observer. Who knows?
I don’t claim to be an expert on anyone I write about.
Hell, I hardly claim to be an expert on myself.
These profiles are largely for me. I use them to record and reference. In the future, I may make them more meaningful to the outside observer.
No guarantees. Let’s start small.
Local Highs & Lows
Most people know Gary as “that social media guy.” Makes sense. He’s one of—if not the—best at it on the planet.
Price Discovery
Many of my heroes talk about company culture. Gary’s idea of a “Honey Empire” is one of the best.
Indecision Indicator
Gary wants to buy the Jets. Big dream, but he has a practical plan for it. Luckily, he is documenting the journey.
Chart Narrative
Jesse is
What do You Need to KNow ABout Doji Candles?
Price Ranges
Doji candles can help establish important price ranges.
In the example above/to the left, The doji candle set an important price range. It did not indicate which direction, but once a breakout, a continuation became more likely.
Once the breakout occurred, price returned to the top level, tested it as support, then continued upward.
Trade idea 1: set top range as stop loss after break out and let it run
Trade idea 2: after breakout, wait for retest of top range, get out if close below new support
Reversals
Doji candles can help indicate price reversals.
combine with volume spike or golden/death cross
In the example above/to the left, the doji candle came in at the reversal point
Trade idea 1: buy after close above doji range (next candle after doji)
Continuation
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As Seen By Me
To me:
Jesse is part teacher, part citizen journalist.
He’d probably reject both of those titles. But I’ve learned a lot from him in a short time. And I enjoy his take on the news. He has a unique, entertaining type of wisdom.
He has helped me see some important truths.
It was over as soon as I heard him talk about forgiveness.
Jesse is one of those heroes like Jordan B. Peterson, that has shown me better ways to live out the principles I believe in.
Where Dojis Fit
Experienced traders know:
Nothing is the end-all-be-all when it comes to technical analysis.
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Mentions on My Site
How To Trade with Candlestick Patterns the Right Way
Candlesticks are the most popular way to chart price for stocks and other tradeable assets.
should understand them as a pass… understand the underlying story
recognize the most basic patterns in the market without indicators… just look at a chart and have a decent idea of what may happen next… not necessarily a prediction but some statistical probabilities… surely have different probababilites across different markets
Similar Candlestick Patterns
Spinning Tops
Darth Mauls
Hammers
My Top Three Trading Teachers
YouTube University is my go-to for trading training. I've completed several programs and keep up with these guys weekly.
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