[Evening Star] Doji or Evening star?

[brownsfan019]

Well this CL short is working nicely:




What I really like about the above snapshot is that every candle since the trade has been bearish candles. Nothing in the way so far on this one. Nice find gsx.

[SunTrader]

I didn't catch the move (was watching other markets) so this is monday morning quarterbacking on my part but another way to look at brownsfan's triple top would be to use Trader Vic 2B pattern where after a market breaks out to new higher high then fails to follow through go short on close below low of HH bar.

[james_gsx]

Now that my $90 target has been hit, we have a little hammer

I will play this one with an ETF.

[brownsfan019]

What a short that was James.... WOW.

Nice find.

[john.potter]

Trick question right?

I believe that what you have there my friend is a Bullish harami star.

For a harami star the body of the Doji has to be inside of the body of the leading candle but the shadow does not have to be.

My first post here so I hope I haven't disgraced myself and got it wrong!!!

[james_gsx]

	Quote:	john.potter
	Trick question right? I believe that what you have there my friend is a Bullish harami star. For a harami star the body of the Doji has to be inside of the body of the leading candle but the shadow does not have to be. My first post here so I hope I haven't disgraced myself and got it wrong!!!

You got it all wrong. It's actually a, "James loves busty blondes with a dose of plastic... star". The next one was, "The Browns suck star."



Just kidding. The names don't matter. I've realized that there are three (sometimes four) types of candles here. Spinning top, WRB, hammer, and sometimes a doji if it's not labeled a spinning top. Why? Because the name doesn't matter, we just look at the context of the candle in consideration with previous price patterns.

But nice first post, I'll be sure to give you a nice fat thank you. Stick around in the candlestick corner and we'll be sure to corrupt you.

[brownsfan019]

	Quote:	james_gsx
	You got it all wrong. It's actually a, "James loves busty blondes with a dose of plastic... star". The next one was, "The Browns suck star." Just kidding. The names don't matter. I've realized that there are three (sometimes four) types of candles here. Spinning top, WRB, hammer, and sometimes a doji if it's not labeled a spinning top. Why? Because the name doesn't matter, we just look at the context of the candle in consideration with previous price patterns. But nice first post, I'll be sure to give you a nice fat thank you. Stick around in the candlestick corner and we'll be sure to corrupt you.

Actually, I believe that is called the "NHL is a dying sport" pattern. It's one of my favorites as it hardly ever fails since we know the NHL is the biggest joke of a sports league.

[james_gsx]

What about table tennis? That is quite the intense sport, I say we name a candle after that.

[brownsfan019]

	Quote:	james_gsx
	What about table tennis? That is quite the intense sport, I say we name a candle after that.

Could work...

[james_gsx]

Steve Nison is a joke. Wait till our book comes out, we'll find him under the bus bench crying. Him and his silly suits.... pfft

We'll have a whole chapter on the psychology of candles and their sports related meanings.