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Thread: Combining Candlesticks, Indicators, and Pivots
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Old 09-25-2006, 11:43 PM
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Re: Combining Candlesticks, Indicators, and Pivots
Quote:
Soultrader
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Hi Bfusa,

Not sure what a Tweezer Tip formation is. Can you post a chart up so I can take a look?

I had a long bias for the YM today because of the daily charts. If you take a look the trend was still valid and the YM has just finished its pullback. It was all about timing today to try to get in for the nice trend.
Hi Soul,

If you look at the TM chart from todat at 10:47 am you see two candle bars with equal size tails at the value low pivot befoe the day long revesal. I post the chart if I knew how. You also see another tweezer earlier at 10:06am. They are usually significant after a bit of a run in price and could signal a change of trend. Especially when they occur in conjunction with other signals. Hence, the pivot points.

Bill

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