greg morris candlestick charting explained pdf phần 2 ppsx

... causes concern to the bears and a potential bottom has been made. Candlestick charting shows this action quite well, where standard bar charting would hardly discern it. Pattern Flexibility The white ... 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...

Ngày tải lên: 10/08/2014, 07:20

... Breakdown The bullish Mat Hold pattern reduces to a long white candlestick, which fully supports its bullish continuation (Figure 4 -22 ). Figure 4 -22 Related Patterns Rising Three Methods is a more rigid ... representing the current trend. 2. This candlestick is followed by a group of small real body candle- sticks. It is best if they are opposite in color. 3. The small candlesticks r...

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, ... what a rare pattern this is. Chapter 3 Reversal candle Patterns If the third candlestick closes deeply into the first candlestick& apos;s real body, a much stronger move should ensue, e...

Ngày tải lên: 10/08/2014, 07:20

... nonexistent. Pattern Breakdown Figure 3- 82 Like the Three Black Crows pattern, the Identical Three Crows reduces to a long black candlestick (Figure 3- 82) . This fully supports the pattern's bearish ... 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...

Ngày tải lên: 10/08/2014, 07:20

... downtrend is in place. Example Figure 3- 121 Reversal candle Patterns Matching Low (niten zoko/kenuki) Bullish reversal pattern. Confirmation is suggested. Figure 3- 122 Commentary The Matching Low pattern ... is required. Figure 3- 92 Figure 3-93 sdl Commentary The Three Inside Up and Three Inside Down patterns are confirmations for the Harami pattern. As shown in Figures 3- 92 and 3-93,...

Ngày tải lên: 10/08/2014, 07:20

... recognition. Candlestick charting was not actually devel- oped by Honma, only the pattern philosophy that goes with it. His ap- proach has been credited as the origin of current candlestick analysis. Since ... 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 second...

Ngày tải lên: 10/08/2014, 07:20

... pattern ranking system for a prediction interval of three days, using over 82, 000 days of data. Notice that 55 of the 62 possible patterns occurred in the 100 stocks used in this test, but that ... hatte) Figure 5-9 Chapter 6 J. M. Hurst in The Profit Magic of Stock Transaction Timing (1970) explained these alterations with three general rules: 1. A moving average of any given time span...

Ngày tải lên: 10/08/2014, 07:20

... database started at the beginning of 1989 and ended on March 31, 19 92. The Dow Industrials database began on April 24 , 1990, and ended on March 31, 19 92. Candlestick Filtering Filtering Examples From Table 8-1 ... calculations which are 20 % above and below the value set for the indicator. In this example, the indicator value is set at 18, so the two rate of change calculations are 14...

Ngày tải lên: 10/08/2014, 07:20

... 11781 Foreword Japanese philosophy. Greg Morris has more than ably turned his attention to this fascinating charting style with this book. It occurs to me that Japanese Candlesticks are the perfect ... example. But I'll let Greg Morris tell the story from here. I just hope my 90-year old friend is still around to read it. I think he would like it. Japanese candlestick charti...

Ngày tải lên: 28/06/2014, 08:20

... is blank. And, of course, there is 1 929 , when the Industrials peaked on Septem- ber 3 at 381.17 and hit bottom, three pages later, in July of 19 32 at 41 .22 . The book means a lot to me. Between ... Downside Tasuki Gap (Figure 4 -2) . Rules of Recognition 1. A trend is under way, with a gap between two candlesticks of the same color. 2. The color of the first two candlesticks represents...

Ngày tải lên: 09/04/2014, 16:46