candlestick charting explained phần 4 ppt

... derivative of the Three White Soldiers pattern. The first two long white candlesticks make a new high and are followed by a small white candlestick or a star. This pattern is also called a Stalled pattern ... Harami day, but the body is also black. 3. The second day has a lower shadow that sets a new low. 4. The third day is a short white day which is below the middle day. Chapter 3 Rules...

Ngày tải lên: 10/08/2014, 07:20

... indicator or the candles. Filtered candlesticks obviously does not work every time. Candlestick Filtering Figure 8- 14 Figure 8- 14 shows Wilder's Directional Index for 14 periods. Again, signals are ... finally drops to a ranking of 34. This says that Morning Doji Star is best when used for short prediction intervals. In contrast, Side-by-Side White Lines- starts out with a ranking...

Ngày tải lên: 02/07/2014, 12:20

... 1 Candlestick Charts Japanese candlestick charts do not require anything new or different as far as data are concerned. Open, high, low, and close are all that is needed to do candlestick charting. ... originals. Chapter 1 Japanese Candlesticks and You Once you become accustomed to using candlestick charts, you will find it disconcerting to be limited to a standard bar chart. Without...

Ngày tải lên: 02/07/2014, 12:20

... 1 Candlestick Charts Japanese candlestick charts do not require anything new or different as far as data are concerned. Open, high, low, and close are all that is needed to do candlestick charting. ... interaction between buyers and sellers. Japanese candlestick charting provides insight into the financial markets that is not readily available with other charting methods. It work...

Ngày tải lên: 10/08/2014, 07:20

... can be a single candlestick line or multiple candlestick lines, seldom more than five or six. In Japanese literature, there is occa- sional reference to patterns that use even more candlesticks, ... kubitsuri) Confirmation is definitely required. Commentary The Hammer and Hanging Man are each made of single candlestick lines (Figures 3-1 and 3-2). They have long lower shadows and small...

Ngày tải lên: 10/08/2014, 07:20

... supports the bullish continuation (Figure 4- 8). The Downside Gap Side-by-Side White Lines reduce to a black candlestick with a long lower shadow (Figure 4- 9). This single candle line does not fully ... second day of these patterns is a Belt Hold candlestick. The bullish pattern (Figure 4- 16) has a white bullish Belt Hold and the bearish pattern (Figure 4- 17) has a black bearish Bel...

Ngày tải lên: 10/08/2014, 07:20

... for flexibility. Pattern Breakdown Figure 4- 41 The Thrusting pattern reduces to a Hammer line which is somewhat in conflict with the bearishness of this pattern (Figure 4- 41). Because the Thrusting pattern ... appears be- tween two candlesticks of the same color (Figures 4- 29 and 4- 30). This color should reflect the trend of the market. The third day opens within the body of the seco...

Ngày tải lên: 10/08/2014, 07:20

... reversal of a trend caused by changed positions in trading. In this analysis, there were 48 reversal patterns and 14 continua- tion patterns, which makes reversal patterns account for about 77% of all patterns. It ... and low were reached, and in what order, are not known. How does one determine the existence of a candlestick pattern? The Philosophy Behind candle Pattern Identification Mo...

Ngày tải lên: 10/08/2014, 07:20

... at 44 with a negative 35.35% ranking score. As the prediction interval increased from three to five days, Matching Low moved up the rankings to 31. And at seven days, Matching Low was up to 24th ... and/or intervals are used. The candle pattern ranking for 41 different futures contracts was per- formed on over 49 ,000 days of data. Table 7 -4 shows the results for a prediction interval of...

Ngày tải lên: 10/08/2014, 07:20

... example of the value of the candlestick method of charting. If you were using close only or standard bar charts, the deterioration of the trend would not quite yet be apparent. Candlesticks, however, ... but in the opposite direction.

Ngày tải lên: 10/08/2014, 07:20