discussions from gkp topic

This particular pattern at a resistance is actually very simple. It's really just an inside bar trade - the second candle is the inside bar and the third one shows prices breaking to the downside so that's the direction in which you trade. Simples.

Amo,
not confusing at all. Bearish harami is valid and the third candlestick will confirm it if the sp closes below 220. the confirmation candlestick (todays) plus he harami is called three inside down.

Not sure where you are going here remo. We are at the top of a minor trend and this pattern confirms a probable change in trend, i.e a reversal. We are in exactly the right place.

There is nothing unauthodox here at all.

F4T

Hi Amo
with candlesticks you should only really trade them at the right place.
ie..known supports or resistance. anywhere else you will get a lot of false entry and that could mean the difference between profit and loss.
I love candlesticks but they have to appear at the right place or you will over trade them.

Ok so let me this get this straight. According to the links posted this pattern is a valid harami cross but not a valid three inside down pattern which is also known as a confirmed bearish harami pattern?

How confusing. It seems you are both right though but just talking about different patterns.

Sorry to get involved but I just learnt two new candlestick patterns so thanks guys

Im not here to argue with you.
but your link just confirms what i have just said???Im talking about three inside down.
Im not sure what your on about now????
Its not about scoring points. Far from it.With candlestick patterns theres so many types out there.
If some thing is not right ill say so as thats the only way people will learn.
if i get some thing wrong them people should say so as well as i dont want to show people the wrong stuff.
this is about helping each other not scoring points.
Dont take it the wrong way ,im not.
I make mistakes as well as im human too.
No hard feelings

Food4Thought wrote: Yes of course remo, i'm not here to score points.

As i'm sure you are aware, there are views and opinions on every subject and websites to support each.

As with all my trading and TA, I like to follow the majority, because it is the majority or volume that leads the market.

Aside, from this point, you and other posters here might find the following useful. Very good for quick reference on candlestick patterns. It also confirms my point as you link does yours There are others:

www.candlesticker.com/Bearish.asp

I believe in stepping out of the PI box as it pays dividends.

I post here because I want to help others make profits and along the way maybe learn a little. I am also not afraid to cast doubt on tosh, not that I think you dish it. There is nothing wrong with testing ones convictions and a devils advocate prompts that. All I ask is that people reconsider occasionally.

I like being challenged remo, keep it up mate.

F4T and a

Yes of course remo, i'm not here to score points.

As i'm sure you are aware, there are views and opinions on every subject and websites to support each.

As with all my trading and TA, I like to follow the majority, because it is the majority or volume that leads the market.

Aside, from this point, you and other posters here might find the following useful. Very good for quick reference on candlestick patterns. It also confirms my point as you link does yours There are others:

www.candlesticker.com/Bearish.asp

I believe in stepping out of the PI box as it pays dividends.

I post here because I want to help others make profits and along the way maybe learn a little. I am also not afraid to cast doubt on tosh, not that I think you dish it. There is nothing wrong with testing ones convictions and a devils advocate prompts that. All I ask is that people reconsider occasionally.

I like being challenged remo, keep it up mate.

F4T and a