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| Discuss Play With Candle Sticks at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Originally Posted by amitt29 You wanna play with candlesticks. LMAO HA HA GOOD JOKE.... I ... |
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#21
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HA HA GOOD JOKE....
I LIKE JOKES.... ![]() SAME TIME TALK ABOUT CHART PATTERN OR CANDLE STICK PATTERNSPLEASE |
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#22
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#23
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( PROVERB : DOG WONT EAT GRASS.. AND WONT ALLOW COW TO EAT THE GRASS) |
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#24
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Yeah u started the thread to be meant for informational purposes on candlesticks and all you are giving is some targets for some stocks,what kind of work is that.
BTW your spelling mistakes sucks.How do you place orders,if you trade at all. |
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#25
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#26
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Pls remember its not only the resistance pts...its also the support pts that needs to be taken out for a valid double top formation...read for more http://stockcharts.com/school/doku.p...e_top_reversal And about hammer please remember hammer pattern is valid only when the market is in a downtrend.....infact hammer in a uptrend is called hanging man and confirmation is definitely required for these patterns... |
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#27
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There are quite a few things to take note of.
1) Volume for the second top must be distinctly lower than the first top (if the first top itself was on lower than avg vols than the pattern is suspect But you must also look at the volumes of the bars leading to the top bar) 2) The trough between the 2 tops must be at least at a 10% retracement level. The DT becomes valid only after this trough is broken after retracement from the 2nd top. 3) The time between the two tops should not be less than 2 wks (10 bars) 4) Generally the second top will exceed the first one but if the difference is more than 3% then it generally will not qualify as DT There is a more minor version of DT - (Trader Vic) 2B top - where the time difference between the 2 tops may only be a few bars, but this is generally seen only in intraday charts. Regards, Kalyan. Last edited by kkseal; 2nd September 2007 at 09:35 PM. |
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#28
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Regards, Kalyan. |
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#29
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I AM CLOSING THIS THREAD.....
GOOD LUCK TO ALL.. ENJOY TRADING...
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#30
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ANYONE TRADED THIS STOCK??? HA HA HAA HA HA HA SEE ITS PRICE HA HA HAAA |
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