discussions from gkp topic

SP needs to beat 220 today or we have a confirmed and reliable reversal pattern, Three Inside Down. IMO that will take us to ma200 at minimum. Very bearish.

Jacozy's wave therapy may just play out ;o).

F4T

Hi food4thought
Only thing is ,its not a harami as yesterdays lowest price was lower than the previous day. So that negates an three inside down. Very close to one thou.

Food4Thought wrote: SP needs to beat 220 today or we have a confirmed and reliable reversal pattern, Three Inside Down. IMO that will take us to ma200 at minimum. Very bearish.

Jacozy's wave therapy may just play out ;o).

F4T

Hi remo,

you only need the real body of the second candlestick to be engulfed by the first to make a valid harami. If the head and/or tail is within it is stronger, but not necessary.

The important marks are the open and close, not the ranges.

F4T

Have to disagree with you on that one.

daytrading.about.com/od/candlestickpatte...eInsideDownShort.htm

Lets just agree to disagree

Yes of course remo, i'm not here to score points.

As i'm sure you are aware, there are views and opinions on every subject and websites to support each.

As with all my trading and TA, I like to follow the majority, because it is the majority or volume that leads the market.

Aside, from this point, you and other posters here might find the following useful. Very good for quick reference on candlestick patterns. It also confirms my point as you link does yours There are others:

www.candlesticker.com/Bearish.asp

I believe in stepping out of the PI box as it pays dividends.

I post here because I want to help others make profits and along the way maybe learn a little. I am also not afraid to cast doubt on tosh, not that I think you dish it. There is nothing wrong with testing ones convictions and a devils advocate prompts that. All I ask is that people reconsider occasionally.

I like being challenged remo, keep it up mate.

F4T and a

Im not here to argue with you.
but your link just confirms what i have just said???Im talking about three inside down.
Im not sure what your on about now????
Its not about scoring points. Far from it.With candlestick patterns theres so many types out there.
If some thing is not right ill say so as thats the only way people will learn.
if i get some thing wrong them people should say so as well as i dont want to show people the wrong stuff.
this is about helping each other not scoring points.
Dont take it the wrong way ,im not.
I make mistakes as well as im human too.
No hard feelings

Food4Thought wrote: Yes of course remo, i'm not here to score points.

As i'm sure you are aware, there are views and opinions on every subject and websites to support each.

As with all my trading and TA, I like to follow the majority, because it is the majority or volume that leads the market.

Aside, from this point, you and other posters here might find the following useful. Very good for quick reference on candlestick patterns. It also confirms my point as you link does yours There are others:

www.candlesticker.com/Bearish.asp

I believe in stepping out of the PI box as it pays dividends.

I post here because I want to help others make profits and along the way maybe learn a little. I am also not afraid to cast doubt on tosh, not that I think you dish it. There is nothing wrong with testing ones convictions and a devils advocate prompts that. All I ask is that people reconsider occasionally.

I like being challenged remo, keep it up mate.

F4T and a