Technical Analysis

Price Patterns and Timing Principles: Market Maker And T.O.S. Screens

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:

  1. To determine which stocks you are willing to trade, and therefore which stocks you want as part of the ticker of stocks that you follow.
  2. To aid in timing the best moment for entering and exitinc trades that are described in the 5 minute and daily bar chart setups.

The time of sale (T.O.S.) screen is used in conjunction with the market maker screen for timing trade entry and exit.

Candlestick Charting - Basic Patterns

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.

Why One Should Use Price Bar Charts?

Price bar charts paint a graphic picture of a stock's price movements both during the day with the 5 minute bars, and longer term with the daily bars. The picture unfolds snowing short and long term supply and demand and how it has moved the stock's price. This helps pinpoint specific areas of buying or selling pressure as they develop.