By Basil Hall Chamberlain
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Additional resources for The language, mythology, and geographical nomenclature of Japan viewed in the light of Aino studies : including ''An Ainu grammar''
Sample text
L= . 34.
In this sense, the open provides an early view of the battlefield and a provisional indication of friendly and opposing troops. At times, large traders may try to move the market on the open by executing a large buy or sell order. Japanese call this a morning attack. Notice that this is another military analogy. The Japanese use many such military comparisons as we shall see throughout the book. CANDLESTICK TERMINOLOGY AND MARKET EMOTION Technicals are the only way to measure the emotional component of the market.
The bears are watching the market with contentment. Then the market surges toward the close, managing not only to close unchanged from the prior day's close, but sharply above that level. The bears will be second guessing their position. Those who are looking to buy would say new lows could not hold and perhaps it is time to step in from the long side. The piercing pattern signal increases in importance based on the same factors (1) through (4) as with the dark-cloud cover, but in reverse. ) In the section on the dark-cloud cover, I mentioned that although some Japanese traders like to see the black real body close more that midway in the prior white candlestick, there is some flexibility to this rule.