Category: Day Trading Terminology

Bearish Engulfing Pattern: Day Trading Terminology

Bearish Engulfing Pattern: Day Trading Terminology The Bearish Engulfing pattern is a chart formation where the small green candlestick is engulfed or covered by a big red candlestick. Basically, the pattern is opposite to the Bullish Engulfing pattern where the small red candlestick is eclipsed by a large green candlestick. This chart pattern helps to […]

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Bullish Engulfing Pattern: Day Trading Terminology

bullish engulfing pattern

Bullish Engulfing Pattern: Day Trading Terminology The bullish engulfing pattern refers to a chart pattern that forms when a new candlestick opens lower and then closes higher than the entire previous candle. It usually occurs when the previous day candlestick is completely covered. A look at the chart pattern will display the tails of the […]

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Standard Deviation Definition: Day Trading Terminology

standard deviation

Standard Deviation Definition: Day Trading Terminology Standard deviation is a statistical measure that represents the rate of divergence from the mean in a data set. The higher the standard deviation, the more the elements of the data set deviate from one another. Standard Deviation Formula It is calculated by first finding the variance, which is […]

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