Domo Arigatou gozaimashita (ありがとうございました)

Domo Arigatou gozaimashita (ありがとうございました)

Mar 14, 2006

There is virtually no way to go in trading and technical analysis without running into Japanese Candlesticks. This technique, developed by rice traders in the 1600’s allows one to deduce future price behavior by seeing patterns in the trading range, the high, the low, and the closing price of a trading session. Candlestick charting today continues to be one of the most popular ways to view market data. When we made the alerts available to our beta users, the response was a genuine, “Thank you very much” – the title of this post in Japanese. To which we say, “Matte! Ganbatte!” – Wait! There’s more!

Here is where Trade-Ideas takes it to another level: We know that candlestick experts can use knowledge of particular price patterns like the Doji, Gravestone Doji, Long-legged Doji, to have an edge in the markets. However these patterns are difficult to spot and demand complete focus on one or two stocks to find these patterns developing.

That is no longer the case.

Trade-Ideas, after listening to our customers (how do you say that in Japanese?), publishes these special patterns in real-time. Now you can see when a stock makes one of these interesting patterns as it happens. The first pattern that we detect is a Doji pattern for 5,10,15, and 30 minute candles.

Note: Remember that this set-up is a sketch meant to give you an idea how to model your own trading plan. Use this ‘as is’ or modify it to your own liking as many others do. Know, however, that Trade-Ideas.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, alerts and all other features are for research purposes only and should not be construed as investment advice.

This is the first release of what will be our complete 12 Major Japanese Candlestick Patterns. Our readers can preview what’s coming and read how to use them here:
http://candlestickforum.com/PPF/Parameters/16_20_/candlestick.asp

These alerts top the list of most frequently requested additions to our alert service. Hopefully these alerts will leave those who asked for them and many others saying:

Footnote:

  • No matter which platform you use (e.g., browser, TI Pro), you can already access the new items – new alert and filter innovations like these are automatic to subscribers because both applications make a “call” to our servers for the latest list whenever someone interacts with our alert window settings via ‘Configure’. When we add them, you receive them instantly.
  • Users of Trade-Ideas Pro are encouraged to download the latest version of the application. This is unrelated to the new alerts or filters. Rather a download of the latest version of the application is necessary to benefit from other aspects of the service, like minor visual enhancements and background “plumbing” maintenance that keeps the service as fast as possible.