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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Rich1 who wrote (2707)2/26/2003 12:15:41 PM
From: Chip McVickar  Read Replies (1) of 12411
 
Yes... anytime the CLX-CLXpp prints over 11.00 you get upside peaking in volume activity.... higher numbers are even better. Looking at the difference between CLX and CLXpp bars offers further refinement.

Candlesticks... don't spend a lot of time with candles..., but do look for Long Shadow Reversals. The Hammer or the Inverted Hammer and their variations.
At tops... the "Shooting Star" has been refined through observation and now I call it the **Cherry Bomb**....!

At bottoms... "The Hammer"-white body or "The Hanging Man" -black" is now refined and called the **French 75**....! <smile>

The stockcharts glossary offer's a pretty good description of candles.
stockcharts.com
stockcharts.com

French 75

The original cocktail upon which all "Frenchies" are based
1 Gin
1 Lemon Juice
0.2 Castor sugar
4 Champagne
Serve in: Champagne Flute
Mix - Mix in a mixing glass, using a bar spoon, or if straining is not required, and the drink is served over ice, mix in the glass.
Notes: Make sure all the sugar dissolves in the gin, lemon and champagne. can also add grenedine
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