Trading Hammers (revisited)

Discussion in 'Technical Analysis' started by NihabaAshi, Jul 26, 2005.

Thread Status:
Not open for further replies.
  1. DTM

    DTM

    Hi NihabaAshi

    Can I get some of that too?

    Thanks in advance.

    Daniel
     
    #61     Aug 6, 2005
  2. Babak

    Babak

    Nihaba,

    check out the hammer in IPXLE (recent).
     
    #62     Aug 6, 2005
  3. NA, what made you choose 0.5 as the point to move stop to BE in ER2?
     
    #63     Aug 6, 2005
  4. NA, I know you're asking these to make me learn more and for my own good, and I'm thankful for that. My current interest is mini-Dow and EURUSD spot rate. I currently dont have my charts setup so cant take up that yet.




     
    #64     Aug 6, 2005
  5. DTM

    DTM

    Hi Nihaba

    Looking at taking this trade within the next two to four days. Will wait to confirm support at its current level with support being a long term support line and the 70dma.

    Its currently retraced (in my view) after showing some divergence in MACD and now I think that buy signals are being shown. Is this a signal that you are talking about?

    This is a stock in Australia.
     
    • ann.gif
      File size:
      19.4 KB
      Views:
      846
    #65     Aug 7, 2005
  6. What do pt1 to pt5 stand for?

    Thx.

     
    #66     Aug 8, 2005
  7. As mentioned in prior Trading Hammer thread...

    PT info on my charts are Profit Targets based upon wide range bodies.

    NihabaAshi
     
    #67     Aug 8, 2005

  8. I believe Nihaba doens't like to comment on stocks... This might
    be mentioned in his first post in this thread... :)
     
    #68     Aug 9, 2005
  9. I don't understand why all of us don't have all of these previous posts memorized. :D

     
    #69     Aug 9, 2005
  10. Yep...

    I don't trade stocks nor do I monitor their price action in realtime nor via live-recordings (very critical for my analysis).

    Reason why I mention that if someone wants to discuss Hammer patterns in stocks...

    I strongly recommend they post a chart just in case other stock traders are reading this thread and can offer their perspective on the pattern especially if they trade that particular stock.

    NihabaAshi
     
    #70     Aug 9, 2005
Thread Status:
Not open for further replies.