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Simple black candle tops...


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#1 diogenes227

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Posted 04 December 2018 - 01:08 AM

From the link:

 

 

Let’s call this a KISS moment as in “Keep It Simple, Stupid.”

 

Again and again, market upswings end in black candles – a hanging man, a shooting star, a dreaded doji, or just a sign after six days up and two blasts of nothing-much news the buyers get tired. Not always it’s a black candle ends the rally, but it happens often enough, me thinks, for swing traders to take notice.

 

For what it's all about and the chart:

 

SIMPLE BLACK CANDLE TOPS

 

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 diogenes227

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Posted 04 December 2018 - 12:33 PM

 

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Edited by diogenes227, 04 December 2018 - 12:36 PM.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#3 MDurkin

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Posted 04 December 2018 - 12:36 PM

 

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Nice call.