greg morris candlestick charting explained pdf phần 5 pps

... reversal pattern. No confirmation is required. Figure 3-1 05 Commentary Two Black Marubozu days support the strength of the downtrend (Figure 3-1 05) . On the third day, the downtrend begins to deteriorate, ... bearish Three Inside Down reduces to a bearish Shooting Star line, which also supports it (Figure 3- 95) . Related Patterns The Harami pattern and Harami Cross pattern are part of the...

Ngày tải lên: 10/08/2014, 07:20

... 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

... patterns. Examples Figure 3-65A Chapter 3 Reversal Candle Patterns Commentary The Three White Soldiers pattern is a vital part of the Sakata Method described in Chapter 5. It shows a series of long white candlesticks ... suggested. Figure 3- 75 Commentary As illustrated in Figure 3- 75, the Deliberation pattern is also a derivative of the Three White Soldiers pattern. The first two long whi...

Ngày tải lên: 10/08/2014, 07:20

... pattern reduces to a long white candlestick, which fully supports the bullish continuation (Figure 4-13). The Falling Three Methods pattern reduces to a long black candlestick, which fully supports ... trend. Continuation Patterns Bullish Side-by-Side White Lines Two white candlesticks of similar size are side-by-side after gapping above another white candlestick. Not only are they of sim...

Ngày tải lên: 10/08/2014, 07:20

... Star patterns break down into Spinning Tops which are indicative Figure 3 -54 B of market indecision (Figures 3 -52 and 3 -53 ). This is somewhat of a con- flict with the Tri Star pattern and supports ... 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. Candlestic...

Ngày tải lên: 10/08/2014, 07:20

... that Honma wrote when he was 51 years old. Sakata's Method, in turn, is what is now considered as the beginnings of candle pattern recognition. Candlestick charting was not actually devel- oped ... good. Continuation Patterns Pattern Breakdown Figure 4- 35 The On Neck Line pattern reduces to a fairly bearish black candlestick with a long lower shadow (Figure 4- 35) . This single...

Ngày tải lên: 10/08/2014, 07:20

... 82,000 days of data. Notice that 55 of the 62 possible patterns occurred in the 100 stocks used in this test, but that a few were somewhat sparse. About 65% (36 out of 55 ) of the Chapter 7 The Trend ... the trend, the odds of its continuing or reversing would fall into the area of 50 %. The difference above or below 50 % would reflect the directional bias of the data used in the analysis...

Ngày tải lên: 10/08/2014, 07:20

... signal occurs when %D crosses the extreme bands ( 75 to 85 on the upside and 15 to 25 on the downside). The actual trading signal is not made until %K Candlestick Filtering "813B C23BJ crosses ... equal to 1.14%. The price of Alcoa on the first day, January 3, 1989, was 55 .8 75 and on the last day, March 31, 1992, was 70 .5. So that you will have a basis for judgment, a buy and...

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

... with a gap between two candlesticks of the same color. 2. The color of the first two candlesticks represents the prevailing trend. 3. The third day, an opposite-color candlestick opens within ... good. Continuation Patterns Pattern Breakdown Figure 4- 35 The On Neck Line pattern reduces to a fairly bearish black candlestick with a long lower shadow (Figure 4- 35) . This single candle lin...

Ngày tải lên: 09/04/2014, 16:46