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Re: gb55 post# 81837

Tuesday, 04/05/2011 9:17:53 PM

Tuesday, April 05, 2011 9:17:53 PM

Post# of 126116
Thanks, now here is something else I've noticed about thos long legged skinny bodied, high volume candles like that.

When the bottom bollie is angled down, it often gets a bounce but its less likely to reverse. When the angle of the bottom bollie is more flat, I've noticed more trend reversals. A lot of times, that will show as a double bottom. The second touch is after the initial bounce (often resisted at the mid-bollie-like our 10 min pinch) and this levels off the lower bollie.

Let's make one thing perfectly clear. I've made nearly 992,453
mistakes in my life. It's entirely possible that this post is
991,454.

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