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Strategies & Market Trends : TA-Quotes Plus

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To: Bob Jagow who wrote (5803)8/3/1998 1:38:00 PM
From: Monty Lenard  Read Replies (3) of 11149
 
Hi Bob,

Looks to be a popular pattern that a lot jump on -- might be hard to fill near the open unless you are a MM.

Probably right, but with what the internals looked like leading up to the 17th & into the 21-22nd, if I had owned one of those, I would probably have been looking at getting out.

I haven't read any Candle books; which would you recommend?

The best one I have found is written by Steve Nison. He has, I believe, 2 books on candlesticks and I believe he is considered the foremost authority.

Any favorite long reversal patterns?

A Tweezer Bottom is one of my favorites, along with the Morning Doji Star. The Evening Doji Star, Tweezer Tops, Upside-Gap Two Crows, & Handing Man are very good at calling tops (at least short term). There are some more complex patterns for longs & shorts that are probably too complicated to write a scan for.

All of these work better after a trend has been established, which is the shortcoming in my Upside Gap Two Crows scan. It is not written so as to insure an uptrend had been established and I am not sure just how to do that.

Monty

PS Found the problem with the F2 key. I have my buffer and program files on C Drive with the data file on a removable drive "D". If I move the data onto the C Drive the spreadsheet for the !ID files display fine and the F2 key works fine as Sean described. Strange.

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