3 line break for Dummies

[Brothertruffle8]

I was reading an old TA article and the writer offhandedly mentioned something called a 3 line break and went on talking about other indicators and factors. However, my mind screeched to a halt. I don't know what a 3 line break is!

Can someone explain what a 3 line break is? I thought I had a grasp of TA but I had never heard of this concept.

If there are any books and/or writers that describe this, I would be grateful for their names.

Thanks to all who reply!
B

 

[marketsurfer]

tim curran created this method, to the best of my knowledge.

http://www.tradingmarkets.com/gall_tlp.site/courses/main/?full=1&id=6068&fwww=1


surf

 

[JimmyJam]

The Three-Line Break chart was invented by the Japanese rice traders centuries ago.

If you google it, you can also find some pretty interesting info about it, works just like any other trend-determining tool.

Regards,

Jimmy

 

[KS96]

no edge

 

[JimmyJam]

Quote from KS96:

no edge

Depends on how you use them.

But no, they aren't my tool-of-choice for trading the markets either.

Regards,

JJ

 

[Hook N. Sinker]

From Tim Curran http://www.tradingmarkets.com/gall_tlp.site/courses/main/?full=1&id=6068&fwww=1

Every method that I test shows profitable results sometimes.

 

[JimmyJam]

Quote from Hook N. Sinker:

From Tim Curran http://www.tradingmarkets.com/gall_tlp.site/courses/main/?full=1&id=6068&fwww=1

Every method that I test shows profitable results sometimes.

Yeah Hook, that's exactly what

Quote from KS96:

no edge

means.

Thanks,

JJ