| 2ManyStocks 5 posts
 msg #61723
 - Ignore 2ManyStocks
 | 4/23/2008 10:15:20 AM 
 Does anyone have a filter that fetch's piercing pattern reversals??? Thanks...
 
 
 | 
| marine2 963 posts
 msg #61736
 - Ignore marine2
 | 4/23/2008 1:04:27 PM 
 Never heard of that pattern before?
 
 
 | 
| 2ManyStocks 5 posts
 msg #61738
 - Ignore 2ManyStocks
 | 4/23/2008 3:45:15 PM 
 key reversal?
 
 
 | 
| 2ManyStocks 5 posts
 msg #61739
 - Ignore 2ManyStocks
 | 4/23/2008 3:45:40 PM 
 V bottom
 
 
 | 
| nikoschopen 2,824 posts
 msg #61743
 - Ignore nikoschopen
 | 4/23/2008 4:16:41 PM 
 I think this thread is similar to the one ure looking for: Bottom Filter Help
 
 
 | 
| WALLSTREETGENIUS 983 posts
 msg #62475
 - Ignore WALLSTREETGENIUS
 modified
 | 5/11/2008 8:20:18 AM 
 You'll find that not only are these "Piercing Patterns", but they are also
 "Belt Holds" at the same time. This would make it an absolute bottom
 reversal
 
 
 
 
 
 
 
 RIGGS
 
 
 | 
| money123 19 posts
 msg #62480
 - Ignore money123
 | 5/11/2008 12:02:31 PM 
 thanks for the filter   when is the best time to run these and what is a good hold time to get the result  thank you
 
 
 | 
| WALLSTREETGENIUS 983 posts
 msg #62487
 - Ignore WALLSTREETGENIUS
 | 5/11/2008 4:09:20 PM 
 thanks for the filter when is the best time to run these and what is a good hold time to get the result thank you
 ____________________________
 
 There's never a "good hold time" with short term trading. I personally never hold more than 3 or 4 days on average. I like to sell before
 oscillators and indicators get to overbought territories. There is always a buyer when people are buying. Finding a buyer when everyone is selling is a whole other ball game. So sell while the price is still going up is the best advice I can give you. I know it sounds simplistic, but it really is the best way to get out of a stock.
 
 
 
 | 
| WALLSTREETGENIUS 983 posts
 msg #62489
 - Ignore WALLSTREETGENIUS
 | 5/11/2008 4:38:31 PM 
 2manystocks -
 
 If you are looking for "V-Bottoms", this is probably one of the best avenues to take. Just don't be fooled by certain "bottoms." Make sure you have an absolute bottom, and one way I find them is by looking at Force Index(2), and Bearpower. If you are looking at a deep bottom on either of these indicators, make sure it is a 2nd more shallow bottom (divergence)than the first one. But price must be equal or lower than the first. Take a look at May 9th's results. (SUN) & (EK). look at the two levels on FI(2). So, If in fact it is a more Shallow bottom, wait for these indicators to tick up, and make sure it is a reversal signal...i.e., "Piercing Pattern", "Morning Star", "Bullish Engulfing", etc....I have a lot of fun with this one particular filter, so I hope you do as well. BTW, you'll find quite a few "Piercing" candles in this filter.
 
 
 
 RIGGS
 
 
 
 
 
 
 
 
 
 
 
 | 
| money123 19 posts
 msg #62510
 - Ignore money123
 | 5/12/2008 11:29:52 AM 
 when is a good time to run the scan  before during or after the market   or dosent it matter  thanks
 
 
 |