Dislikedyes i agree, a hanging man pattern has a long lower wick and that tells me power of sellers and possible break of the lows
but in a downtrend long lower wicks tell me that sellers have covered positions or power buyersIgnored
- #3,062
- Sep 12, 2008 7:44am Sep 12, 2008 7:44am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #3,065
- Sep 12, 2008 8:21am Sep 12, 2008 8:21am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #3,066
- Sep 12, 2008 8:24am Sep 12, 2008 8:24am
- | Joined Mar 2007 | Status: Fundamentally Technical | 4,446 Posts
Patience + Humility + Study = Success
- #3,070
- Sep 12, 2008 8:52am Sep 12, 2008 8:52am
- Joined Apr 2007 | Status: Senior Principal Trader | 2,699 Posts
- #3,072
- Sep 12, 2008 9:06am Sep 12, 2008 9:06am
- | Joined Mar 2008 | Status: Sniper | 1,001 Posts
Money & Pain
Respect the market, protect your capital, be patient
- #3,074
- Sep 12, 2008 9:20am Sep 12, 2008 9:20am
- | Joined Mar 2008 | Status: Sniper | 1,001 Posts
Money & Pain
Respect the market, protect your capital, be patient