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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?


To: The Perfect Hedge who wrote (665)11/20/1997 8:14:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 1589
 
Glen; RE:" EVI..."

Sorry, Glen - not a Hammer - needs a bald head and long legs; the smaller the body, the more powerful, supposedly; (Dojis would be the most powerful Hammers). That candle you're referring to (I think it's the one) has a bald head, yes - and tiny legs, so he's trying, man. I think I remember reading that the Hammer was, "like sticking a pole in the water, to plumb it's depths", or somesuch Japanese wordz of wisdom.

-Steve