THE JOY OF CANDLESTICK TRADING - a Learning Experience

[tymen1]

Originally Posted by cordite

Does this system work with bullish patterns? .............

............ will bullish signals and the reversing of all rules
..........
It will be good if bullish behavior can be exploited as well as bearish!

Yes Cordite, bullish patterns do work with my strategies.

You may have to go over this thread again to get full charts and details.
They are in there.

You will see it all again when I post the 4 trading strategies on Monday.

[tymen1]

I expect to post the 4 levels on Monday.

There will be something like 8/10 or more consecutive posts.

I will write them in Microsoft Word first then drop them into the thread so they are uninterupted.
I will then edit each one so as to format them properly.

[nyrdarren]

The type of entry we have learned so far on the ESP. Off the 5 min charts, does that same type of entry apply for other patterns like engulfing or dark cloud , piercing etc? Same type of strategy to enter those as well. Or does each pattern have another set of rules for entry? Thanks

[FXCaribbean]

Originally Posted by nyrdarren

The type of entry we have learned so far on the ESP. Off the 5 min charts, does that same type of entry apply for other patterns like engulfing or dark cloud , piercing etc? Same type of strategy to enter those as well. Or does each pattern have another set of rules for entry? Thanks

Tymen use 3 pattern recognition for UMS :
- Evening Star ( ESP)
- Dark Cloud cover
- Bearish Engulfing


FXCaribbean
"Don't go where there is a path. Open a new one and leave a trail".
If you want to understand what we're talking about here (UMS) then read this and set your screen and computer that way. Also read the live thread, UML Live and UMS Live

[nyrdarren]

Thanks FX , Again I appreciate the time!

[FXCaribbean]

Originally Posted by nyrdarren

Thanks FX , Again I appreciate the time!

You're welcome.

[briwales]

Hi Tymen,

Sorry but I have a few problems I hope this is the right place to put them.

I have been reading through your Thread with great interest so much so I have gone from my Metatrader and downloaded Dealbook 360 so I could try to get the same setup that you have, what a daunting task.

I came to putting in a Dinapoli MACD inserted it but there are no settings for it so that I can do an Inverted MACD is this a special one you have or a different version of Dealbook. So far I am setting up only my first set of charts but this is a sticking point.

I think your work is excellent so far and looking forward to more.

Well done.

Brian.

[FXCaribbean]

Originally Posted by briwales

Hi Tymen,

Sorry but I have a few problems I hope this is the right place to put them.

I have been reading through your Thread with great interest so much so I have gone from my Metatrader and downloaded Dealbook 360 so I could try to get the same setup that you have, what a daunting task.

I came to putting in a Dinapoli MACD inserted it but there are no settings for it so that I can do an Inverted MACD is this a special one you have or a different version of Dealbook. So far I am setting up only my first set of charts but this is a sticking point.

I think your work is excellent so far and looking forward to more.

Well done.

Brian.

Hi briwales,

You should be happy with that post.


FXCaribbean
"Don't go where there is a path. Open a new one and leave a trail".
If you want to understand what we're talking about here (UMS) then read this and set your screen and computer that way. Also read the live thread, UML Live and UMS Live

[draco76x]

Tymen,

You are great, after reading the post, I've learned alot from the candlestick, can't believe it.

But, reading from the first page to the last page is really time consuming & can't digest in one shot & my head seems going to explode and also face some question wish to clarfiy but can't remember which post have the answer as somebody already asked.

Maybe, if you could come up with an article with all the teaching in this thread that you mention in a words document or pdf format, for the newbies like me can download & read it easily without going through the whole thread, it will be nice & you can keep on updating if there's any
new methods that you are imparting to us in once a month or two in the file.

Hope I'm not asking too much as this is just my suggestion & really hope that your teaching can benfits all of the senior here & the newnies.

Cheers

[briwales]

Hi FXCaribbean,

That is the problem my Dealbook only gives DiNapoli MACD Inputs ( open, close, high, low ) and Style no settings for figures at all.

Brian.