Showing posts with label 9.999 - word for the day. Show all posts
Showing posts with label 9.999 - word for the day. Show all posts

Friday, February 15, 2013

question and answer: what is the "inverse ostrich pattern" (15 feb 2013)

question: what is the "inverse ostrich pattern"?

answer: a bullish reversal move wherein the macd histogram's direction changed from pointing south to pointing north ... just like an ostrich rearing its head back up from under the sand (the opposite of the ostrich pattern) ..

source: The Ninja Stock Monitor: CPG (12 feb 2013)


you may also want to read:  the "inverse ostrich pattern" illustrated


question and answer: what is the "ostrich pattern" (15 feb 2013)

question: what is the "ostrich pattern" ?

answer: the ostrich pattern is when an indicator (example: macd histogram, stochastics) is already so oversold that it is hugging the floor of the chart and looks similar to an ostrich burying its head beneath the sand ... the ostrich pattern is the primary trading indicator of finance manila member shoyu_ramen ... the term "ostrich" was coined during a chatroom discussion by the technical analysis experts (TAE) of the finance manila stock market forum and general desert storm's chatroom (specifically mr. ron, mr. tmac, mr. legacy... guys, did i miss anyone?) ... 

... it is the opposite of the "inverse ostrich pattern"

source:  The Ninja Stock Monitor: RCB (12 feb 2013)

you may also like to read: 

the "ostrich pattern" illustrated (04 mar 2013)

Monday, September 17, 2012

"Secrets of the 52 Week High Friday Rule"

for the past weeks ... certain issues have reached their 52-week highs  on a friday ... this reminds me of a certain "rule" tho to me is more of a supersitious belief (hehe) . the:


i first encountered it as a video presentation here: 

Secrets of the 52 Week High Friday Rule

it is self explanatory and maybe be of help to people in their trading (profitably i hope) ...


note: this is not anyone's rule .. shoyu_ramen's ... hototay's nor anybody ... its the 


52 Week High Friday Rule


final remark ... this is mainly relevant for short term traders who bought/own the stock on the 52-week high friday


great trades! good times!