For me moving your stop to BE after only 4 ticks in any instrument seems like extremely fast. I've never known of anyone moving stop to BE so...
NA, please believe me my only agenda is to learn. I did not say "virtually all" because I had some other agenda. I only said it because it seemed...
NA, how quickly you move your stop to BE amazes me. Is it only a few ticks? Virtually in every chart where someone posted what would be a loss for...
NA, according to my posted checklist, this Hammer Line is a Valid Hammer Pattern: http://www.elitetrader.com/vb/attachment.php?s=&postid=835979
what happens if you try 2 points or 3 points?
According to my posted checklist it seems to be a valid pattern.
According to my posted checklist this seems to be a valid Hammer Pattern, not just a Line. Don't understand why you don't see it as such.
version77, due to your question I have adjusted rules 5 and 6. Updated Rules Checklist for White Bullish Hammer sub-groups being discussed in...
I have this question about Engulfings. Lets take a Bullish Engulfing. What if the first candle in the pattern is a doji ie. no body and the second...
Updated Rules Checklist for White Bullish Hammer sub-groups being discussed in this thread: This will be the abbreviations: LS = Lower Shadow...
And now I will summarize all "revealed" rules for white hammer pattern. The purpose is that this will be the checklist that I evaluate the pattern...
Actually, I have written them down. And I've carefully read your every post on candlesticks on ET. And it's still not easy. If someone is better...
anyone?
Seems to have qualified under all rules, yet failed.
I guessed the difference almost right after comparing your charts and mine. Anyway, I'll watch the thread and will contribute what I can.
Are we close to summarizing the rules for pattern subgroups discussed?
Answer the quiz :) My answers are 1) Resistance from March 4 2) Long - Legged Bearish Doji 3) Inverted White Hammer
Is it possible to feed it into some charting program?
The upper shadow of the DIH, must "engulf" previous candle's Body. Correct?
Yea, I misinterepreted the rule. I thought the LS of the DIH should be lower than the O of the most recent white WRB. It looks like you meant that...
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