candlestick charting explained phần 7 pps

... 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

... concept. CandlePower Charting CandlePower Charting is another visually appealing charting technique that combines the power of Japanese candlesticks and volume. Typical charting (whether bar or candlestick) ... higher average gain per trade. Filtering works! Candlestick charting has produced a number of derivative charting and analysis methods. The appeal of candlestick chart...

Ngày tải lên: 02/07/2014, 12:20

... Breakdown Figure 3 -73 Reversal candle Patterns The Advance Block pattern reduces to a long white candle line that is not quite as long as the Three White Soldiers breakdown (Figure 3 -73 ). This long white candlestick ... next). Examples Figure 3 -74 Chapter 3 Deliberation (oka sansei shian boshi) Bearish reversal pattern. Confirmation is suggested. Figure 3 -75 Commentary As illustra...

Ngày tải lên: 10/08/2014, 07:20

... 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 ... 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 suppo...

Ngày tải lên: 10/08/2014, 07:20

... also shown in Figure 7- 1. Remember, most candle patterns require that the trend be identified. Chapter 6 J. M. Hurst in The Profit Magic of Stock Transaction Timing (1 970 ) explained these alterations ... inter- val, we are still in an uptrend, then it was deemed successful (Figure 7- 1). If not, it was a failure. Figure 7- 1 graphically shows the relationship of reversal and continuat...

Ngày tải lên: 10/08/2014, 07:20