Sensei;
3 dark lines prior to the white hammer line ...............
I can see that means there is a lot of supply to overcome in that type of price action.
The rules do make sense. Sometimes they can be a bit overwhelming but they make perfect sense. Yet again your logic and mastery...
Thank you sensei.
Note to self:
do not get excited just because you see a white hammer. IT IS ABOUT THE PRICE ACTION LEADING UP TO THE HAMMER LINE THAT DEFINES ITS VALIDITY.
As for what caused the WRB, I too missed that.
Another note to self:
Ignore the news, but be cognizant of...
Sensei;
I believe this is a Bullish White Hammer Pattern via the rules that we are discussing here.
Question:
Does the dark WRB meet the requirements of YOUR contingency plan?
* I note that the WRB is lower than the low of the Prior dark WRB.
* I note that the WRB is lower than...
Bullish White Hammer Pattern
While this thread is neither about VSA nor WRB's, it is hard to separate these things from the candlestick patterns.
Simply, the PRICE ACTION is the prism thru which the candle patterns should be seen.
Learnered one;
two things:
1. First I believe I read somewhere that an adjustment was made as to the size of the body in relation to the upper shadow when the lower shadow was greater than or equal to 3xs the body and the upper shadow. Is this not the case?
2. With all due respect. I am...
Sensei;
Is this a valid Bullish White Hammer Pattern via the sub-groups you are discussing?
Couple things:
* The upper shadow is equal to the white body, HOWEVER, the Lower Shadow is at least 3x's as large as the body plus the upper shadow.
* Large Dark WRB signals to be on guard for...
Sensei;
You are correct. This thread is about certain reliable Hammer patterns (secondary method) and not VSA/WRB (primary method), and should be kept as such.
However, I would note something about the two narrow intervals of which you speak. The arrow points to the last one and in VSA...
Is this a bullish dark hammer pattern via the ones you are discussing?
The white WRB after the hammer is really the candle line in question. Does that constitute "engulfing"?
I know that candle line needs:
* to be a WRB.
* close higher than the candle line but less than the highest...
Bullish White Hammer Pattern.
What will happen with the No Demand on the hard right edge inside of the WRB support/resistance zone?
VSA tells us that there is still too much supply in the market and thus the market should go down.
SENSEI;
* I see that the white candle line tests the white WRB. This white line should not have a low that is equal to or less than the low of the WRB.
* I see that my Dark Inverted Hammer (DIH) has a portion of its body within the body of the proceeding dark candle line. In your charts...
I would need two more pieces of information:
* The volume on the previous bar
* I would also like to see an average of volume for 30 periods. (mov(v,30,S)).
That's all. Although I might add I would like an understanding of the instrument and how volume typically "works" for it. For...
Thank You for your comments. There is much to take in and you wisdom continues to both inspire and humble me.
I did see some reason why price "should" go down. Said reasons are beyond the scope of this thread and thus cannot be discussed.
What determines if a particular WRB carries more...
Professor ;
I have attached a shot of what is NOT an Inverted Dark Hammer Pattern via the sub-group being discussed in this thread. More exactly, I think this is not a valid pattern via your rules.
What follows are my observations of the PRICE ACTION:
1. There is a dark candle line...
Hi NihabaAshi.
I am a new student and am excited more and more each minute by your work.
While I do plan to submit and let go of what I think I know in order to more clearly learn what you are teaching , I do have a question.
It is my personal contention that PRICE ACTION (and volume)...
Option E) You jump out the car because the car [B]IS[B/] heading towards the wall. Whether it gets there or not, only time will tell. But right now it is moving in that direction , so you bail. :)