Dark Cloud Cover - Intro Video

The video discusses the dark cloud cover by providing a defintion, construction of the candlesticks that form this pattern, psychology of why this pattern works, and then walks through some live trading examples to illustrate his point. 

The dark cloud cover is a two candle, bearish reversal pattern.  The stock must be trending upwards and the first candle must be a strong up candle with the second candle gapping higher but closing down below the midpoint of the first candle.  You can see confirmation of this bearish setup with a close below the second candle.  Always set your stop loss orders in case the setup does not play out. 
Tim Ord
Ord Oracle

Tim Ord is a technical analyst and expert in the theories of chart analysis using price, volume, and a host of proprietary indicators as a guide...

Tradingsim.com
Day Trading Simulator

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