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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Tom Byron who wrote (4716)	3/23/1999 6:50:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 81084

Hi Tom... Picked up another program today see what you think? These are the buy and sell signals for the XAU. Particular interest should be paid to the most recent signal, a SELL. mypage.direct.ca This is the bollinger bands, {centre is red} and to fast moving average {15/30) It shows a week downtrend. mypage.direct.ca And this is the Candles: mypage.direct.ca Take notice of the dark area to the right, and the comments that follow based upon the candles. Here is the programs analysis: {the last candle is a Doji} {must come from Japan writers?} A doji occurs when the open and close are the same or very close. The emphasis to the Japanese technician is in this relationship. The open and close are the most important parts of any trading session. The open provides the trader with the first clue about that sessions direction. It also provides a benchmark for the remainder of the session. The other pivotal point would be the close. Large orders in the market placed on the close are known as a "night attack" to the Japanese trader. Together the open and close provide vast market insight. In the case of the doji, it can point to a reversal "SO, their opinion:" Look for a potential bottom or top in market. Look for a trend change. A very strong candle type. This candle adds weight to any multi candlestick pattern found. A single candle is never to be acted upon by itself without reviewing the context and placement of the other candles found before it. Single candles like the doji, hammer, hanging man and belt hold must be used with confirmation. The confirmation of a downtrend comes from the failure to rally. My addition: If you look at the Weekly candles, it's doom time again, just days away. A secondary program Neural stock suggest a CLEAR sell. I suspect we'll see large volumes in the Golds leaders today. Maybe a slight movement up, and then a blast down in the coming days. Now I'm off to get the GOLD data. {should be fun}