This article describes the „market maker“ and „time of sale“ (T.O.S.) screens as well as the stock „ticker“ screen. The market maker screen will help wiih 2 things:
The time of sale (T.O.S.) screen is used in conjunction with the market maker screen for timing trade entry and exit.
We owe a debt of thanks to a legendary seventeenth-century Japanese rice broker, Munehisa Homma, who was one of the first Japanese traders to use price history to predict price future. Referred to as „the god of the markets,“ Homma amassed a huge fortune, and as legend has it, he made 100 consecutive winning trades. His trading theories and principles evolved into the candlestick charting techniques we use today.
For now, we're going to explore some major candlestick patterns that when used properly, can produce tidy profits.