Re: Hedging - sharky
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Message: Hedging
TNX Scott for the info.
I think these contracts are a very good choice.Much better then the previous onces which were done at the wrong timing.
To have good effects from the hedging it depends al lot on the timing .It's something like chart technical judgement.
So far no sign of a move up .We are now at 50 % retrachment.
Maybe we could see something like this tomorrow.Today and previous Friday we moved into the body of the long red candle.So buyers tried to move up but were knocked down again but it's a try to reverse the trend.So if we have tomorrow a much higher opening and a lower close we get something like this on the pic or we open slightly lower but fishing much higher is also fine.After all a 50 % drop compared to the bourses is a steep drop.However this week and later on we have many figures and events to digest .
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Definition: Get the highest rated stock from Americanbulls for this pattern >>> This pattern is highlighted by two consecutive Black Marubozu. They are characterized by the fact that a gapping black candlestick trades into the body of the previous day and it is seen during a downtrend. Then there is another Black Marubozu on the third day showing sale of positions since it closes at a new low. However this may give incentive to the shorts to cover their positions implying that a bullish reversal is now possible. Recognition Criteria: 1. Market is characterized by downtrend.2. We see two consecutive Black Marubozu in the first and second days. 3. Then we see a black candlestick on the third day opening with a downward gap but trading into the body of the second day and it is characterized by a long upper shadow. 4. Finally we see another Black Marubozu on the fourth day that completely engulfs the candlestick of the third day including the shadow. Explanation: Two black Marubozu show that downtrend is continuing to the satisfaction of the bears. On the third day, we see a downward gap further confirming the downtrend. However, prices on the third day start going above the close of the previous day causing some doubts about the bearish direction even though the day closes at or near its low. The next day shows us a significantly higher gap in the opening. After the opening, however, prices again go down closing at a new low. This last day may be interpreted as a good chance for the short-sellers to cover their short positions. Important Factors: The reliability of this pattern is very high, but still a confirmation in the form of a white candlestick with a higher close or a gap-up is suggested. |
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