NAIA Airport is the airport serving the general area of Manila and its surrounding metropolitan area. Located along the border between Pasay City and Parañaque City, about seven kilometers south of Manila proper, and southwest of Makati City, NAIA is the main international gateway for travelers to the Philippines and is the hub for all Philippine airlines.

Monday, February 15, 2010

How To Read 17 Japanese Candlestick Chart Signals

By: Mr. Phillip Lao

Using Symbols to Find Profitable trades.

These are the 17 most sought after symbols by chart technicians for profitability. Some of these symbols are inputted into computer programs such as the free software TC20000. The TC2000 software will then search based on that data, stocks, bonds, currencies or any trading platform that uses the Japanese Candlestick Chart system. Most of the computer robots that you hear about today such as FAB Turbo, Stealth FOREX, Auto Money and MARL use this type of technology to find profitable trades. They may not all use the Japanese Candlestick chart as their point of reference. But, the Japanese Candlestick Chart has more distinctive points of reference to use as entry and exit points then all of the other charts combined. History Of the Candlestick

A small review of the Japanese Candlestick Chart and its history will be necessary so that you may better understand the origin of these symbols their meaning. This system originated from the from Far East dating back as early as 1700s. The Candlestick Charting system derived from the books written by Mr. Homma.s ( Sakata Senho and Soba Sani No Den) a wealthy Japanese trader who died in 1803. It is a tradition that has evolved over the centuries through trial and error. The Japanese used these symbols as metaphors to proven war strategies. It was only natural for the Japanese to apply proven war strategies as symbols. The war strategy behind each symbol made the whole process of memorization easier. More importantly, the appearance of each new symbol on the charts represent the implementation of a new war strategy. Understanding the psychology behind the system should give you a better understanding of the meaning behind each symbol. Learning how the picturesque terms and symbols work will give us a better idea of when to buy and when to sell, and of predictable trends. I have provided the meaning to each metaphor as presented to me. Some symbols do mot have metaphors relating to war. But, most do. Definitions There are more than 17 symbols to the whole Japanese Candlestick Chart system. There are too many symbols to cover in this one article. However, these 17 symbols are the foundation of the Candlestick System. It is more important for you to understand the symbolic meaning associated with each of these 17 symbols.

1) Dark Cloud Cover - The emotional atmosphere of the market may be healthy at the time you see the dark cloud. This occurs when at least 50% of the dark candle covers the white candle. As in war, weather can have a big impact on the out come of any war. So, be weary when you see this symbol.

2) Harami - The Harami is a two candlestick formation in which a small real body holds within the prior session an unusually large real body. The Harami implies the immediate preceding trend is concluded and that the bulls and bears are now at a state of truce. The color of the second real body can be white or black. Most often the second real body is opposite color of the first real body.

3) Harami Cross - A Harami Cross is a Harami with a Doji on the second session instead of a small real body. An important top ( bottom ) reversal signal especially after a tall white ( black ) candlestick line. It is also called a petrifing pattern.

Candlestick reversal Indicators 4) Reversal Attack Or Counter Attack - This symbol represents yin and yang as opposites, or an apposing trend. This would be a good time to change your trading style. 5) Hammer- The end of the war. Means the end of a down trend. Conditions can be either bullish or bearish. It is also a bottom reversal pattern.

6) Inverted Hammer -The inverted Hammer follows a downtrend. This is a candlestick line that has a long Upper shadow and a small real body at the end of the session. There should be no, or very little, lower shadow. It has the same shape as the bearish shooting star, but when this line occurs in a downtrend, it is a bullish bottom reversal signal with a confirmation the next session (i.e a white candlestick with a higher opening)

7) Hanging Man -The Hammer can become the Hanging Man when price drops or takes a sharp decline between open and close, leaving you hanging as in Hanging Man. Both hanging man and Hammer can be either white or black. These symbols 5-6 can be entered into the TC2000 software program with the variables you have chosen, such as bullish or bearish, to search for favorable trading conditions. It can search currencies, stocks, bonds, gold or what ever your preferred medium of exchange you choose.

8) Engulfing Pattern -Bullish engulfing is when new white candlestick is larger then old black bearish. Bearish engulfing pattern is when black candlestick is larger then old white bullish one. As in war, it has consumed the opponent. This symbol is comparable to Western Reversal Day

One group of fascinating reversal patterns include stars. A star is a small body that gaps away from the large body preceding it. A star must not overlap the prior real body. The color of the star is not important.

There are three primary star symbols that represent reversal patterns.

9) The Evening Star- Represents a Bearish period.-As in war, the evening may not be the best time to attack. It is a top reversal. The Bearish counter part the Morning Star.

10) Morning Star- Represents a Bullish period- As in war the morning is the best time to attack. The Morning Star is a bottom reversal pattern. Its name derived because, like the morning star ( the Planet Mercury ) that foretells the sunrise, it presages higher prices. 11) The Doji Star- The Doji Star is a cross of two intersecting lines. The Doji Star is warning that current conditions are apt to change.

There is a military significance to these stars. The stars are symbolic of three rivers leader Nobunaga Oda had to cross in the 16th century to defend is area and wealth. The only thing standing in his way of victory were the these three rivers.

12) Morning Doji Star- Is a three line patter that shows conditions that do not support a rally.

13) Evening Doji Star- An Evening Star is like a Morning Star that supports a more bearish condition. 14) Piercing Pattern- The Piercing Pattern is a bottom reversal signal. In a downtrend, a long black candlestick is followed by a gap lower during the next session. This session finishes as a strong white candlestick which closes more than the halfway into the prior black candlestick*s real body. Compare to the on-neck line, the in-neck line, and the thrusting line.

15) Tweezers Top and bottom - The Tweezers patter occurs when the same highs or lows are tested the next session or within a few sessions. They are minor reversal signals that take on extra importance if the two candlesticks that comprise the tweezers pattern also form another candlestick indicator. For example, if both sessions of a harami cross have the same high it could be an important top reversal since there would be a tweezers top and a bearish harami cross made by the same two candlestick lines.

16) Belt Hold Lines-there are bullish and bearish belt holds. A bullish belt hold is a tall white candlestick that opens on its low. It is also called a white opening shaven bottom. At a low price area, this is a bullish signal. A bearish belt hold is a long black candlestick which opens on its high. Also referred to as a black opening shaven head. At a high price level, it is considered bearish.

17) Candlestick Line--Candlestick lines and charts -- traditional Japanese charts whose individual lines look like candles, hence their name. The candlestick line is comprised of a real body and shadows. See Real body and shadow

There are too many candlestick symbols to define in this one article. It is important that the reader understand the a symbolism to all of these patterns are derived from war strategies. You may sign up for my free course.

About the author:

Learn what I have learned for free. Opt in for--Free Chart reading course---http://budurl.com/zkbl Get Access to charts for free.


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Philippines Light Rail Transit Public Transportation

The Manila Light Rail Transit System (Filipino: Sistema ng Magaan na Riles Panlulan ng Maynila),[citation needed] popularly known as the LRT, is a metropolitan rail system serving the Metro Manila area in the Philippines. Its twenty-nine stations over 28.8 kilometers (17.9 mi) of mostly elevated track form two lines. LRT Line 1, also called the Yellow Line, opened in 1984 and travels a north–south route. LRT Line 2, the Purple Line, was completed in 2004 and runs east–west.

The LRT is operated by the Light Rail Transit Authority (LRTA), a government-owned and controlled corporation under the authority of the Department of Transportation and Communications (DOTC). Along with the Manila Metro Rail Transit System (MRT, also called the Blue Line), and the Philippine National Railways (PNR), the LRT is part of Metro Manila's rail transportation infrastructure known as the Strong Republic Transit System (SRTS)

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