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Many are not aware of it, but my background is on the future side. In the mid 1970s, I worked for a commodity consulting firm, which advised clients on when to hedge their commodities.  So, for example, we had Arrow Shirts as a client, and we would tell them when to hedge cotton. What was […]

One of the strongest bullish candlestick signals is the bullish engulfing candlestick as a potential bottom reversal signal. This candle is most effective in an oversold area after a substantial downtrend. The bullish engulfing candle consists of two bodies. The first body is black or red denoting a downtrend and ideally is a small black […]