Tuesday, December 18, 2007 3:26:35 AM
Quick Information about Harami Crosses
Nison, in his book (http://www.amazon.com/Japanese-Candlestick-Charting-Techniques-Second/dp/0735201811 ), declares the harami (or harami cross) must be preceded by an unusually long real body. Moreover, I prefer to watch for plays with dojis as a long-legged doji or dragonfly doji. These combinations make this formation particularly intriguing.
I have additional ideas about how to play these, but I'll elaborate later after I confirm these are accurate.
This is an example of a harami cross:
Here is Answers.com's info about the harami cross:
http://www.answers.com/topic/harami-cross?cat=biz-fin
Info on the long-legged/dragonfly dojis:
http://www.streetauthority.com/terms/doji.asp
I'll begin posting plays soon.
Nison, in his book (http://www.amazon.com/Japanese-Candlestick-Charting-Techniques-Second/dp/0735201811 ), declares the harami (or harami cross) must be preceded by an unusually long real body. Moreover, I prefer to watch for plays with dojis as a long-legged doji or dragonfly doji. These combinations make this formation particularly intriguing.
I have additional ideas about how to play these, but I'll elaborate later after I confirm these are accurate.
This is an example of a harami cross:
Here is Answers.com's info about the harami cross:
http://www.answers.com/topic/harami-cross?cat=biz-fin
Info on the long-legged/dragonfly dojis:
http://www.streetauthority.com/terms/doji.asp
I'll begin posting plays soon.
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