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Re: trading.jeff post# 8808

Thursday, 06/21/2012 12:01:46 AM

Thursday, June 21, 2012 12:01:46 AM

Post# of 38376
Hey trading.jeff
thanks for checking out my chart

The candle you are referring to is a White marubozu, it has no upper and lower shadows.
I'm referring to the White Opening marubozu which has only a upper shadow
and the White Closing marubozu which has only a lower shadow.



I simply came to the idea that the Opening & Closing marubozus
are to blame because, maybe this time around the Opening marubozu was not strong enough to support the continuation of the uptrend on it's own so a Closing marubozu had to be formed for a strong continuation.

Its only a idea though, I made sure I put 'IMO' on the chart lol

I'm a person of ideas & theories and this is how I figure things out and
I don't mind questions (it's how we learn)


The weekly chart is coming along very nicely I like the steady increase.
If people have doubt about ENTB all they have to do is look at the weekly.

I was under the impression that each of the three candles has to
open within the body of the other for the Three White Solider formation

Buy by the chart & nothing else.
Wheather the company is legit or not If the chart aligns you can still make money on it.
Remember knowledge is power!

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