Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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Nov 14 4:00 PM EST

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To: GROUND ZERO™ who wrote (31581)	5/6/2012 10:33:01 AM
From: Mario :-)	1 Recommendation Read Replies (1) of 218838

GZ, thank you for sharing the wiggle pattern. That's quite a big reliable percentage! I didn't know there are patterns with this kind of reliability. Do you happen to have any others like this? :-) Is there any book, where this kind of patterns are posted? Need to go through Bulkowski candlesticks patterns and see if I can find this one there. Doesn't matter how rare they are as long as they have high reliability. That wiggle pattern you posted had nice follow up! Unfortunately, now we have charting providers issue. I'm using stockcharts. And looks like (if I'm understanding the pattern correct) Russell index and ETF, both didn't get third condition "go over second day high" painted right for this pattern. So, if you manage to build yourself a scan to look for this kind of patterns, then because of chart provider unreliability you will still miss them many anyway :-( (What could work would be to scan for outside days, then watch all of them next few days and see if they develop close enough... I'm attaching two charts so you can see what I mean:

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