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Northwest Iowa | In my opinion, they aren't common enough to worry about. You'll see them whether on the day or even the day after and that would be adequate. Many times they are associated with reactions to reports. They must be done on heavy volume. One KR per commodity per year is probably about as much as we'll see. Shorter term, maybe a faster confirmation, and much more common, is a Japanese Candlestick doji. Open and close at the same price. Indicates a possible trend change. Better as well at high volumes and preferably with a large trading range on the day/week/month that you are watching. Best wishes! | |
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KEY REVERSALS. anyone have a charting service that catches them alerts you?
