I’ve prepared a very short video that explains how we find our Dojis and price extremes, when you trade them and when you move to the next opportunity.
Basically the TradeFinder is identifying Doji bars today combined with 20-day price extremes (highs or lows) within the last two days. The reason for this is that we sometimes have a Doji being formed literally within a penny or two from the price extreme. In such cases it’s a shame to miss the opportunity.
If the Doji doesn’t look close enough to the price extreme then you ignore it and move the next opportunity.
Take a look at this video here so you can see a full explanation.
[usercontrol: /User controls/CamtasiaPlayer.ascx FlashFile=Turnaround Support1a; Size=large;AutoStart=false;]
Hope this helps.
