June 12th, 2010 | 
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RMO Trading System Webinar
MarketTamer.com has partnered with MetaStock to offer you the
following free trading webinar:
“RMO Trading Methodology in Action”
presented by Jeffrey Gibby, MetaStock Trainer
RESERVE YOUR SPACE NOW!!
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Click here to Register Now:
Tuesday, June 8 at 9pm EST (6pm PST)
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This 60-minute webinar will demonstrate one of MetaStock’s most praised systems, the
Rahul Mohindar Oscillator… or simply, the RMO. This presentation will include the following:
- See real trading demonstration based on stocks you provide
- How to identify specific entry and exit points
- How to set up specific stops to protect your account from losses
- How the RMO can be used to protects your trading profits
- How you can identify primary, intermediate, and short-term trends in the stocks, futures, and indexes you are trading
Remember: All registrants will receive a copy of the book “Secrets of Successful Traders”
an actual book, not a PDF download!
Don’t hesitate to register today. We expect this webinar to reach capacity.
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Register Now: Tuesday, June 8 at 9pm EST (6pm PST)
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Improve Your Market Timing: The Evening Star Candlestick Pattern
- The Evening Star pattern is comprised of three candles.
- The pattern is found at the top of a trading range after a bullish trend.
- The first candle is a long white candle followed by a gap up to a doji or spinning top and then ideally another gap to the downside and trade down.
- The third candle should trade at least half way down into the candle of the first session.
- The longer the first and third candles, the stronger the formation.
- The second candle needs to show extreme indecision as evidenced by a doji or a very small real body.
- Volume should increase on the third candle as it trades down to confirm the reversal of market sentiment.
- This formation is very powerful and has a high probability of success.
Improve Your Market Timing: The Bullish Harami Candlestick Pattern
- The Bullish Harami is a two candlestick reversal formation found at the bottom of a trend.
- The first candle of the formation is a long dark candle and the second is white.
- The open of the second candle is higher than the close of the first candle and the close is below the open of the first candle.
- Western technical analysis refers to the formation as an “Inside Day” when the both the real body and the shadows of the second candle are “inside” the first candle.
- The formation generally requires a follow through confirmation candle.
- The formation is more powerful when both of the candles are longer as opposed to shorter.
- The second candle can dictate the strength of the reversal of the formation by closing higher up into the first candle’s trading range.
- The formation is more credible if associated with higher than normal volume.
Improve Your Market Timing: The Bearish Harami Candlestick Pattern
- The Bearish Harami is a two session candlestick pattern.
- The first session is a long white candle at the top of an uptrend.
- The second candle gaps down from the prior session’s close and trades down forming a dark candle with the close higher than the prior candle’s open.
- Western technical analysts refer to this pattern as an “Inside Day” because the price action of the second session is totally inside of the prior candle.
- This pattern needs confirmation with a bearish follow through candle the next session.
- Large candles bode for a more convincing reversal signal.
- A close toward the bottom of the first candle is also a more compelling pattern.
- Increased volume confirms that profit taking is underway and the bears are in control.
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