Progressive Charting

At my seminars one of the most frequent questions Is, What's the best way to get comfortable with candle charting techniques My reply is to print out a chart, place a blank piece of paper over the chart, and hide all the candle lines. Slide the blank piece of paper from left to light revealing a single candle line, or a few candle lines, at a time. Looking at the exposed single candle lines (or a few candle lines) the student of candle charts asks, What signal do I see and what are the market...

Answers for liaptor Three Section Four Disjointed Candles Rising and railing Windows

A rising window takes place on a dally chart when today's low is above yesterday's high. In other words, today's lower shadow should reside above yesterday's upper shadow, with no price overlap. 2. h. A falling window is a bearish continuation signal and should act as resistance on rallies. A bearish continuation signal means that the downtrend in force before the signal remains intact after the signal. A rising window is a bullish continuation signal, which means the rally preceding the...

Ouoslloiis or Chapter Two Section Three Ijmg Real Bodies lie Coiiku nun ate Stortellers

A tall, white candle with a long upper shadow l gt . A tall, white candle with a long lower shadow c. A tall, white candle with the same open and close d. A tall, white candle that opens near the low of the session and closes at or near the high of the session 2. What is a bearish belt-hold line a. A long, black real body that opens at the high of the session and closes at or near t he low of the session b. A long, black candle with a longer upper shadow c. A...

Spinning Tops nul I lid Wuu Candles

In this very Important chapter, we'll focus on single candle lines. We refer to one candle as a candle line. Section One focuses on spinning tops and high wave candles Section Two reveals the potency of the dojl. In Section Three, we'll explore bullish and bearish belt-hold lines. Many candle signals consist of two and three candle patterns, but we can obtain volumes of valuable Information from single candle lines. Don't let the simplicity of single candle lines fool you They send compelling...

The Dangerous loji

In this section we'll focus on the powerful single candle line known as the dojl. The dojl plays an Important role in candle charting techniques. When It appears In the context of an uptrend, especially In a zone of prior resistance. it can signal a significant trend shift, or reversal. Naturally, candles subsequent to the dojl's appearance confirm the potential turn. In fact , the dojl's ability to convey the market's message is echoed in a letter I received from a medical doctor. He wrote. As...