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Re: Cush post# 2729

Wednesday, 07/21/2004 9:53:27 PM

Wednesday, July 21, 2004 9:53:27 PM

Post# of 7256
Cush - Harami (my reference)

(For this continued discussion I am ignoring todays activity).

From "Profitable Candlestick Trading" by Stephen W. Bigalow.
Bonus: Link to Amazon (Talk about service with a Sexy Smile..)

Anyways, here is the page in question. (PDF reader required)

Point 4 - I would suggest that CPST would be Western Inside Day - as the shadow was not within the body of the previous day. Yahoo is showing a low for day 1 as 1.58 and an open for day 2 of 1.58 -- both are lows for each day.

What Western Inside Day v. Inside Day is beyond me. I may have to go back and see if that is referenced - not in the index.

I also felt CPST qualified with both Signal Enhancements.

I agree with your statements. Not something one can say 100% - like most chart analysis - ones intuition plays a role.

Another view nonetheless. I would appreciate your comments.

FWIW: It is the first book on Candlesticks I have read and I am not assuming it is right.

Thanks and Cheers Cush!!

SoB

(For everyone - Although I have stated I have a PHPI in this - my goal here is to learn and less on "is it a buy or sell").


"When you have to shoot, shoot. Don't talk."
Tuco (The Good, the Bad and the Ugly)

"An umbrella with holes is better than no umbrella at all."
Dr. Alexander Elder on using stops.

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