I***C
发帖数: 765 | 1 今天看书学到一个新pattern，看了老半天没看懂，找了个图一看就明白了，link在最
后。
The kangaroo tails is a pattern that points trading opportunities for
traders. It has been introduced in Alexander Elder’s book, Come Into My
Trading Room.
The tails could be used to mark trend reversals in markets. While trends
need long time to form, the kangaroo tails are formed in just a few
days.
The kangaroo tail pattern takes a minimum of three bars to form. A tail
is a one-bar in bar chart or one-stick in candle stick chart, which
spikes in the direction of a trend, with surrounded narrow bars at the
beginning and at the end. That middle bar is the tail, but traders will
not know for sure until it followed by a reversal in the following day,
when a bar or a stick has sharply narrowed back at the base, letting the
tail hang out.
Market tails often occur at turning points in the markets, offer a
trading opportunity to traders. Traders should recognize tails and
trading against them. Whenever traders see a tail, they should be ready
to put on a position trading against that tail, before the close.
Once traders enter trades by using tails, they should place protective
stops at approximately half-way of the tails. If the tails are being
chewed up, exit without delay. As for the profit-taking targets, they
might be established using moving averages and channels.
The kangaroo tail pattern is one of the most reliable reversal patterns,
especially when it is supported by signals from other indicators.
Furthermore, the pattern could be used in any time-frame. A tail in a
longer time-frame usually generates a bigger move than a tail in shorter
time-frame. |
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