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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: Chip McVickar who wrote (28086)	7/20/1999 12:17:00 PM
From: John Meade	Respond to of 44573

Chip, Tweezers are two or more candlestick lines with matching highs or lows. They are called tweezers because they are compared to the two prongs of a tweezers. The tweezers could be composed of real bodies, shadows and/or doji. A tweezers occurs on nearby or consecutive sessions and as such are usually not a vital reversal signal. They take on extra importance when they occur after an extended move or contain other bearish candlestick signals. Taken from "Japanese Candlestick Charting Techniques" John