Hey 3sof community,
I would like to ask for your help :D
Im working on a project with chart patterns and would like to ask for you to submit any good examples of good chart pattern examples from any stock charts that you may be analyzing.
Such as:
-ascending/descending triangles/wedges/channels
-double and triple tops/bottoms
-invertered/upright head & shoulders patterns
-wolf wave patterns
-trading ranges or any other patterns that i failed to mention
I appreciate any help :)
As well i would like any submissions of text book examples of candlestick patterns working out on a chart.
Im searching for all these myself yet it's hard to find examples of each on my own. So im not asking to go searching for anything, But if you notice a nice chart or candlestick pattern while analyzing your own stocks i would appreciate it if you could post it here
thanks,
-fousc
Sounds like you're trying to write a book. I admire the dedication. I would like to start some type of similar project. I'll be glad to submit any thing I can find. Good luck as always.
Two more questions. What about timeframes? And, Do you want forming patterns or just examples?
Quote from: shipman on December 27, 2005, 08:39:36 PM
Sounds like you're trying to write a book. I admire the dedication. I would like to start some type of similar project. I'll be glad to submit any thing I can find. Good luck as always.
Two more questions. What about timeframes? And, Do you want forming patterns or just examples?
Thanks for replying shipman. But no its not a book ;) maybe one day. Timeframes wise i would like it to be short term to medium term charts I.E. 1 week-6 months or so. Forming patterns or good examples will do. Though the end result of the forming pattern needs to be valid for it to be useful ;) but the more examples the better.
Thanks,
-fousc
PS. PERSONS SHALL RECEIVE APPLAUDS FOR EACH POST TO THIS THREAD WITH A CHART OR CANDLE STICK PATTERN EXAMPLE.
Hi Fousc,
I like "Head and shoulders" and double bottom/top...I have post a lot of example about thses chart patterns (Cf. "Stock market talking")..
With GZFX you can find a double top and a double bottom on the same chart...I hope chart is enough for you. If you need more explanations, tap on my shoulder ! :D
Good trades
Ok, found a better example. FOUSC you should check out this site it might be a help. Here's a chart. hotcandlesticks.com
Here is an example of bullish reversal candlestick pattern.
Semi index SXX formed a "Morning Star" bullish reversal pattern on October 30, 2005.
From October 30 to Dec 5, it gained 20% (many semi stocks gained 50% or more during this period of time).
Hey that was quick :) Thanks alot for the charts guys really great stuff. Keep it comin!
Applauds for the each of yas 8)
-fousc
fousc,
Burlington Resources (BR) is a recent example of the expression, "First the chart...then the news."
1. November 21 - Breakaway gap to the upside, above a validated down trendline (green line).
2. Successful re-test of the down trendline on November 28.
3. In early December, BR broke out of a "W"-bottom; the right side of the "W" was an Ascending Triangle.
4. December 7, 8, and 9, the lows of those days held slightly above the breakout. The chart looked more than ready to head to the pattern target...then the news.
5. December 12 - BR to merge with ConocoPhillips (COP). Pattern target made the next day.
It's nice when these patterns work out the way that they "should." :D
Good luck with your project, fousc!
This is the NASDAQ yesterday - very typical bear flag. After a large red candle the stock moves back up on often decreasing volume. These can be good short setups to go short when the flag breaks.
(http://xs61.xs.to/pics/05523/nazbear.jpg)
There are so many chart reference sites such as:
Introduction to Chart Patterns at Stockcharts
http://tinyurl.com/b4fgl
or chartpatterns.com
http://www.chartpatterns.com/
or
http://tinyurl.com/9odvm
Here's a Symmetrical Triangle pattern on TAXI
Meeting the target price, filling all the gaps, etc.
thanks guys all great stuff! more more more!!
Im in need of some inverted H&S patterns, ascending channels/wedges, and tradinging range breakouts. But will like anything you got.
-fousc
Bearish Rising Wedge:
For your refence, here is a rising wedge, but not neccessary bearish, IMO.
(http://bigcharts.marketwatch.com/charts/big.chart?symb=dji&compidx=aaaaa%3A0&ma=1&maval=50%2C200&uf=0&lf=4&lf2=0&lf3=0&type=4&size=2&state=8&sid=1643&style=320&time=11&freq=2&nosettings=1&rand=127&mocktick=1)
H&S Top...Wolfe Wave...
Triple Bottom...Triangles...exploded to the upside out of those "nested" patterns. Currently above $28.
Quote from: Melf Elf on December 29, 2005, 02:33:14 AM
Triple Bottom...Triangles...exploded to the upside out of those "nested" patterns. Currently above $28.
Those bullish patterns were "nested" within a big Inverse Head & Shoulders bottom. It was packing alot of power.
double top on MRY
fousc,
GTE is an interesting chart pattern/TA study.
Thanks for all the charts guys, I really do appreciate it :)
-fousc
EGO - breakout from Rectangle Continuation Pattern.. EGO still bullish just coming back to meet the 13 day EMA & some profit taking before powering up ;)
Great chart Terlisa,
Im still in need of a bearish trading range breakout out, ascending channel, and a descending triangle.
Im also looking for MACD histogram divergence breakout charts as well.
Keep up the good work guys and thanks again for contibuting to this thread.
-fousc
Quote from: fousc on December 31, 2005, 04:44:46 AM
ascending channel
fousc,
Here's one that resolved to the downside (pattern in blue), so you have one of each direction. :D
Also a Symmetrical Triangle fractal (repeating pattern)that broke out this week. Upside target is close the first Symmetrical Triangle target. As long as it remains above the breakout, I would expect to see the stock challenging 5.14-5.37 by the end of April, 2006; no later than the end of 2006.
Yorikiri-- tweezer bottom---eyii
Thanks shipman. Still in need of a downside descending triangle fellas if you find one.
thanks,
-fousc
hi fousc,
here is an abc trading pattern that worked out ., for smdi,
take profits at 100%
maxi
hi,
here is an abc set up for hom,
point A, 4.25 reached on 12/28 ( last bottom)
poin B, 5.39 1/5/06 ( last high) \
retracement to point C, 4.95 1/10/06
inside day today. safe entry at 25% point
10 day about to cross 20 day,
take profits at 75%
what do you think? does hom have achance this week of makin' it ? we'll see.
enjoy trading,
maxi