S Surdo Jun 29, 2008 #11 Quote from independenceair: LOOKS LIKE SOMETHING LIKE A DOJI OPEN AND CLOSE VERY CLOSE TOGETHER...gotta be used as a piece of a larger analysis..you have over 700 posts More... You have 184 posts!
Quote from independenceair: LOOKS LIKE SOMETHING LIKE A DOJI OPEN AND CLOSE VERY CLOSE TOGETHER...gotta be used as a piece of a larger analysis..you have over 700 posts More... You have 184 posts!
N nyxtrader Jun 29, 2008 #12 I don't think Friday was a doji, but they generally are a indicator of a change in direction, some are more stronger than others.
I don't think Friday was a doji, but they generally are a indicator of a change in direction, some are more stronger than others.
I IronFist Jun 30, 2008 #13 Looks like a doji to me, but I think dojis represent indecision; neither the bulls nor the bears had control. It could reverse or it could not. It's possible that a doji forming after certain other patters mean different things, but I haven't studied candlechart formations in a while. Investopedia says: A doji candlestick looks like a cross, inverted cross, or plus sign. Alone, doji are neutral patterns. More... Here you can learn about different types of dojis: http://www.streetauthority.com/terms/doji.asp This page talks about some doji formations and what they may or may not mean: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks
Looks like a doji to me, but I think dojis represent indecision; neither the bulls nor the bears had control. It could reverse or it could not. It's possible that a doji forming after certain other patters mean different things, but I haven't studied candlechart formations in a while. Investopedia says: A doji candlestick looks like a cross, inverted cross, or plus sign. Alone, doji are neutral patterns. More... Here you can learn about different types of dojis: http://www.streetauthority.com/terms/doji.asp This page talks about some doji formations and what they may or may not mean: http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_candlesticks
