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Francois Martin:
Thank you for the detailed comparison between Wycoff conditions and
Candlestick patterns.
You mention the Wycoff "Upthrust" as compared to a Gravestone Doji and
Shooting Star.
Do you have a comparison for the Wycoff "Spring" ?
Michael Robb
-----Original Message-----
From: Francois Martin <francoisma@xxxxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Wednesday, July 08, 1998 6:35 PM
Subject: Re: Wyckoff Method
>To all interested in Wyckoff Method
>
>
>1- Here's a web adress about Wyckoff Method: Stock and Futures Market:
>Volume Spread Analysis VSA
>
>www.ocea.es/vsa/home.htm
>
>2- I send the book to Jim Greening about the VSA (Wyckoff Method). He is
>supposed to read the book in the automn he said to me. He will certainly
>write his comments about the book to the metastock user group.
>
>3- We are a user group of Metastock for the Montreal area (Quebec, Canada)
>(in french) and all the members (12) had read this book and appreciated a
>lot. So we decided to try to programm this to the metastock language.
>
>
>Here's are some similitude with Wyckoff and Candlestick but Candlestick
>doesn't care about volume:
>
>
>Wyckoff Candlestick
>
>
>Top reversal patterns: signs of wakness after a substantial uptrend
>
>
>1- Sellers overwhelm buyers Bearish engulfing pattern
>2- Buying climax in a top formation Gravestone jojo or shooting
star
>(for upthrust in a downtrend)
>3-Up gap to close down well into Dark cloud cover
>previous day range: distribution
>pattern with sellers possibly
>taking over.
>4-Loss of up momentum with reversal Evening star
>selling. Drying up of buying
>5- Demand exhaustion with buyers Long legged doji
>and sallers at a stalemate
>6- Demand is faltering: uptrend is Hanging man
>vulnerable
>7- Stalling of up move: could indicate Bearih harami
>that the previous up bar had distribution
>
>
>
>
>Bottoms reversal patterns: signs of strenght after a substantial downtrend
>
>
>
>1- Buyers overwhelm sellers Bullish engulfing
>pattern
>2- Test or shakeout. With Hammer
>volume=stopping volume
>3- A bullish reversal signal in a downtrend Inverted hammer
>4- Down gap toclose well up into previous Piercing line (opposite of
>Dark cloud cover)
>day range. Buyers move in
>5- Stopping of down momentum with Morning star (opposite of
>evening star)
>reversal buying. Drying up of selling
>6- Gapping up to discourage selling Rising window
>7- Stalling of down move: could indicate Bullish harami
>that previous down bar had accumulation
>
>
>
>
>4- Any of you who make some research about the Wyckoff Method is welcome to
>contact me and share about it.
>
>5- Special thanks to M. Lavigne in my Montreal user group who made this
>relationship between Wyckoff and Candlestick.
>
>
>
>
>Francois Martin
>
>
>
>
>
>-----Original Message-----
>From: Christian Baude <BAUDECB@xxxxxxxxxxxxx>
>
>To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
>Date: 8 juillet, 1998 08:06
>Subject: Re: Wyckoff Method
>
>
>>On Tue, 7 Jul 1998 15:02:01 -0500, you wrote:
>>
>>>The Wyckoff method is great. I'm currently going through it.
>>
>>Ummm.... Met only two Wyckoffers, they were almost like cult members.
>>
>>
>
>
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