The Georgist philosophy advocates equal rights for all and special privileges for none. It affirms a universal right for all to share in the gifts and opportunities provided by nature. Central to this philosophy is the conviction that social problems must be traced to their root causes and remedied at that level, rather than by dealing with mere symptoms.
Introduction to Candlesticks History The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow aroundmany of the guiding principles were very similar: All known information is reflected in the price.
Buyers and sellers move markets based on expectations and emotions fear and greed. The actual price may not reflect the underlying value.
According to Steve Nisoncandlestick charting first appeared sometime after Much of the credit for candlestick development and charting goes to a legendary rice trader named Homma from the town of Sakata.
It is likely that his original ideas were modified and refined over many years of trading eventually resulting in the system of candlestick charting that we use today. Formation In order to create a candlestick chart, you must have a data set that contains open, high, low and close values for each time period you want to display.
The high is marked by the top of the upper shadow and the low by the bottom of the lower shadow.
If the stock closes higher than its opening price, a hollow candlestick is drawn with the bottom of the body representing the opening price and the top of the body representing the closing price. If the stock closes lower than its opening price, a filled candlestick is drawn with the top of the body representing the opening price and the bottom of the body representing the closing price.
Compared to traditional bar charts, many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. Immediately a trader can compare the relationship between the open and close as well as the high and low.
The relationship between the open and close is considered vital information and forms the essence of candlesticks. Hollow candlesticks, where the close is greater than the open, indicate buying pressure. Filled candlesticks, where the close is less than the open, indicate selling pressure.
Long Versus Short Bodies Generally speaking, the longer the body is, the more intense the buying or selling pressure. Conversely, short candlesticks indicate little price movement and represent consolidation.
Long white candlesticks show strong buying pressure. The longer the white candlestick is, the further the close is above the open. This indicates that prices advanced significantly from open to close and buyers were aggressive.
While long white candlesticks are generally bullish, much depends on their position within the broader technical picture.
After extended declines, long white candlesticks can mark a potential turning point or support level. If buying gets too aggressive after a long advance, it can lead to excessive bullishness. Long black candlesticks show strong selling pressure.
The longer the black candlestick is, the further the close is below the open. This indicates that prices declined significantly from the open and sellers were aggressive. After a long advance, a long black candlestick can foreshadow a turning point or mark a future resistance level.
After a long decline, a long black candlestick can indicate panic or capitulation. Even more potent long candlesticks are the Marubozu brothers, Black and White.
Marubozu do not have upper or lower shadows and the high and low are represented by the open or close. A White Marubozu forms when the open equals the low and the close equals the high. This indicates that buyers controlled the price action from the first trade to the last trade.
Black Marubozu form when the open equals the high and the close equals the low.Course Transcript - Hi, I'm Michele Vallisneri and I'd like to welcome you to Introduction to Data Analysis with Python.
Data science has been described as intersection of programming, statistics. The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around , many of the guiding principles were very similar.
An Introduction to Georgist Philosophy & Activity Georgist Philosophy The term "Georgist philosophy" refers to the economic analysis and social philosophy advanced by . An Introduction to Georgist Philosophy & Activity Georgist Philosophy The term "Georgist philosophy" refers to the economic analysis and social philosophy advanced by .
The introduction is the first thing your reader will encounter in your literary analysis essay, so it's essential that you write clearly and concisely. Literary analysis requires the writer to carefully follow a theme, motif, character development or stylistic element .
Your analysis essay must have title page (if required), introduction, thesis statement (optionally), body, conclusion and list of works cited.
Logically, the body is the main part of an analysis essay.