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S&P 500 Emini Futures - The Doji
In proper context, the Doji is one of the most powerful signals in Candlestick trading. It is a clear graphic representation that buyers and sellers have reached equilibrium or a state of indecision. The Doji, appearing after a significant move, relays critical information. As the chart below illustrates, the trend may be ending. If you are already in a position when the Doji appears, consider that it may be time to take profits or tighten your stops. The Doji can also signal a picture perfect entry. The chart below shows both an exit as well as an entry. Some Doji's are merely continuation signals. To learn the difference drop by our Live Emini Trading Room and we'll teach you how to put it in context and answer all your Emini questions. Trading Coach Robin Dayne will be there to take your questions as well.
(ES) 06/04/12 Hourly Chart - Doji Reversal
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