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Rod taper is important for several reasons. The feel for the lure being used and the fish being caught dictate the appropriate taper use. A fast action tip will be used when fishing jig type lures. The angler can feel and therefore control what the lure is doing quite easily.
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Spinning Top A black or white candlestick with a small body. The size of shadows can vary. Interpreted as a neutral pattern but gains importance when it is part of other formations. Shaven Head A black or white candlestick with no upper shadow. [Compared with hammer.] Shaven Bottom A black or white
A candlestick is a device used to hold a candle in place. Candlesticks have a cup or a spike ("pricket") or both to keep the candle in place. Candlesticks are sometimes called "candleholders". Before the proliferation of electricity, candles were carried between rooms using a chamberstick, a short candlestick with a pan to catch dripping wax. [1]
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High volumes on the third trading day confirm the pattern. Traders look at the size of the candles for an indication of the size of the potential reversal. The larger the white and black candle, and the higher the white candle moves in relation to the black candle, the larger the potential reversal. The chart below illustrates.
Iron gall ink (also known as common ink, standard ink, oak gall ink or iron gall nut ink) is a purple-black or brown-black ink made from iron salts and tannic acids from vegetable sources. It was the standard ink formulation used in Europe for the 1400-year period between the 5th and 19th centuries, remained in widespread use well into the 20th ...
Harami is a type of Japanese candlestick pattern represented by two bodies, the first of them, larger, with black or red body and the second one, white or green. Its name derives from the Japanese word that means “pregnant” because the graphic that shows resembles a pregnant woman.
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