Sunday, May 8, 2011

DOJI at TOP: Pattern to Burn in Your Head

Today I am writing about some of the signals that means a whole lot than any other signals. You should be getting out as soon as you see this kind of signal. 

We are talking about DOJI at the top 

This signal has more than 400 years of history. Japanese rice traders developed the system 
period.  In mid 1700,  Kosaku Kato (1716 - 1803) was born in the city of Sakata, now Tamagata
His mastery of the rice market price movements was popularized in verses such as: "When it shines in Sakata (the growing region) it’s cloudy in Dojima."  English translation means when there is good weather in Sakata, the prices fall on the Dojima exchange. "And in Edo (Tokyo), it rains." Rice prices plummet there.


Not going into details of how they invented, we want to use this signal to our benefit.  Hence I am posting these charts for you to burn in your head.  Whenever you see this Signal, get out. It can be very dangerous to your accounts when you hold these assets especially after a Parabolic move up. 

Recent example is AGQ  which is 3x Silver commodity. 





1 comments:

Is It Possible said...

This is a nice way to find shorts!!!!

Good analysis, thx.

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