June 20, 2006

Snap-Back Reversal Bars

Filed under: Forex Trading, Technical Analysis, Trading Technique — tradingfives @ 3:05 pm

The Snap-Back Reversal Bar is a two bar signal. The concept (for a bearish reversal) is that Bar 1 opens in the bottom 1/3 of the bar and closes in the top 1/3 of the bar. Bar 2 snaps-back and opens in the top 1/3 and closes in the bottom 1/3.

Bar 2 does not have to make a new high. This characteristic may make the Snap-Back a little more difficult to recognize at first.


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[$$] Sell-the-Rally Mentality Not Dead (at RealMoney by TheStreet.com)

Filed under: General Interest — Yahoo! Finance: ^GSPC News @ 7:28 am

Record-Breaking Housing Boom May Be Nearing a Close

Filed under: General Interest — RealEstateJournal.com Residential Real Estate News @ 12:00 am
The recent market has been the best the U.S. has ever seen, but its underlying causes may have been psychological, economist Robert J. Shiller says. We may be at the end of a cycle, he says.

Consumers Get Caught in War Between Real-Estate Brokers

Filed under: General Interest — RealEstateJournal.com Residential Real Estate News @ 12:00 am
More home buyers and sellers have turned to discount providers in recent years as house prices surged. But in the struggle between traditional and reduced-fee agents, some people are getting caught in between and should be wary.

Housing Starts Went Up in May, Indicating a Moderate Slowdown

Filed under: General Interest — RealEstateJournal.com Residential Real Estate News @ 12:00 am
There was a rise of 5% last month the first increase since January, suggesting that the sector is slowing in an orderly fashion despite rising interest rates.