Buy Stop Limit Order

Description: An order to buy a security at a specific price. It is triggered when the market price equals  the buy stop limit  price.

Operation: A Buy Stop Limit order on a stock means your broker will hold your order to buy the stock you requested until it reaches the price you specify.  When entering [...]

Bodies, Wicks and Shadows

While barcharts are useful, Candlestick charts are much more visual and therefore it is easier to spot patterns within the charts. Both types of charts provide the same information; open, close, high and low prices. But the Candlestick chart creates a box between the open and close values, visually reducing possible rare extremes to the [...]