Viewing 5 posts - 246 through 250 (of 266 total)
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  • #76785
    Hema
    Participant
    Rank: Level 4

    Morning star appears after a dark night but gives a bright day which is positive.

    Evening star appears after a bright day but gives a dark night that shows a negative price movement.

    We can buy the stock on the next day if the price goes above the DOJI high

    We can sell the stock on the next day if the prices goes below the DOJI low.

    #77387
    Pradeep
    Participant
    Rank: Level 4

    Morning star- Appears after dark night and opens to a bright day. After a price fall when the DOJI appears with high volumes price is expected to rise.

    Evening star- Appears after a bright day and leads to a dark night. After a price rally, when the DOJI appears with high volume price is expected to fall.

    #77454
    Vishal Rath
    Participant
    Rank: Level 4

    Morning star: When DOJI is below the previous candlestick.

    Long position; Buy when price is greater than DOJI’s highest price. Then sell at exit price.

    Evening star: When DOJI is above the previous candlestick.

    Short position; Sell when price is lower than DOJI’s lowest price. Then buy later.

    #77724
    Dipakk Mehta
    Participant
    Rank: Level 3

    Morning star is when a doji appears after a bearish candlestick indicating trend reversal

    buy at highest point of doji and unwind later

    evening star is when a doji appears after a bullish candlestick indicating trend reversal

    sell at the lowest point of doji and cover later

     

     

    #78352
    S Suresh
    Participant
    Rank: Level 4

    After a few bearish days when a DOJI or star appears which indicates trend reversal it is called a morning star according to American’s and when prices crosses the high of morning star a long buy signal is given and the lowest point of the star is the stop loss and target is usually 1.5 to 2 times the difference of buy and stop loss. After a few days of rally and when a red star appears or DOJI then it is called evening star and trend reversal takes place and short sell should be done here.

Viewing 5 posts - 246 through 250 (of 266 total)
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