Encyclopedia (or bible??) of japanese candle stick - funny stuff..

[wrbtrader]

Jennifer Lopez - J.Lo
Categories: Finance,
A slang technical analysis term referring to a rounding bottom in a stock's price pattern. This term got its name from jennifer lopez's curvy figure; she is often criticized (or praised) for her round bottom. [>>>]

" This term was most popular in the early 1980s, after the release of the feature film "10" starring Bo Derek. In a similar, tongue-in-cheed vein, investors use the term Jennifer Lopez to describe a security that reaches a low but gradually rises again, ... [>>>]

It's amazing how a single word or a few words combined have different meanings depending upon your culture.

For example, Harami in Japanese means pregnant. In another culture it means sinner. Also, in a different culture, it means bastard...born out of wedlock. Again, in a different culture, it means thief/robber.

Think about all those different meanings to traders all over the world. I think we're getting subliminal messages from these word naming of price actions that impact our cognitive decision-making process without us knowing that our trade decisions were actually based upon our cultural upbringing.

Think about that carefully. Can you trade if you're not program to "name" the price action you're trading ???

wrbtrader