Title: Uncle Steve Presents:
1Uncle Steve Presents
The Whole Ball of WaxThe Sticks
According to Uncle Steve
2Uncle Steve
3The Big EightBites the Big One
4My favorite retort to broker solicitations
5Expensive Technical Seminars
Think Before You Drink
6Why should I study candlesticks?
- Because everyone will think Im a
candle-analyst and hip to the latest technical
advances? - or
- Because it will help me to enter and exit
trades with more accuracy?
7Candlesticks
- A visual examination of supply and demand
- Fear and greed extend daily ranges to create a
picture of market action - Candles give warning signs
- Candles identify directional changes
- Works well on issues that tend to have higher
volatility - Works well on lower price issues that have less
fundamental history
8Technical Analysisusing Candlesticks
- Candlesticks Work well on all issues and time
frames - Moving Averages (T3s) A new twist on moving
averages - Momentum Oscillators Reliable measurements of
overbought and oversold situations
9Tri-tips
- Are tri-tips a name for a cut of meat that is
smoked over red oak woodin the Santa Maria,
California area? - or
- Are tri-tips a candlestick formation that is
not found in any books and extremely helpful in
identifying tops and bottoms?
10Tri-tips
- Any wick extensions in one direction are
important - Tri-tips have a high reliability
- They give you time to react to the situation
11The Tri-tip waltz
12Tri-tips
13AXP
14Tips and Wicks
15Tweezer Tops and Bottoms
- The tweeze really do please
- A pattern that has a high reliability record for
stopping market direction - The longer the the tweezersthe more powerful the
signal tends to be - The smaller the timeframes the more tweezers
appear
16Two Hammers Tweezers
17Tweezer top plus, plus, plus
18Wick Extensions
- Tweezers, shooting stars and tri-tips result from
wicks extending in one direction - Wicks are areas of price REJECTION
- A lot of price rejection in close proximity
results in movement in the other direction - Wicks can offer high risk/reward trading
19Crashing to earth
20T3s and Beyond
21Tim Tillsons T3s
- Published in the Journal of Combinatorial Theory
and Technical Analysis of Stocks and Commodities - Proprietary C program as a test bed for filters,
systems and options research - TMA E1.7 E .7
- Use as a proxy for price - or -
- Use instead of EMA in systems
- TMA has only 30 as much lag as an EMA of the
same speed
22T3
23T5
24T8
25LLTC
26LLTC
27LLTC
28GE
29GE
30GE
31Pocket rocket
32SBUX
33Daily
34Candles T5
35Weekly
36Monthly
37Futures love candles
38Are you threatening me?
39A bunch of them
40Hi ho Silver
41Hey, hey15K
42Remember the old daze?
43Part III
- More candlestick formations and moving averages
- Candlestick formations and momentum oscillators
- Uncle Steve reveals even darker candlestick
secrets
44Cedar Creek Trading, CTASteve Karnish,
Principal1-303-618-2382
www.cedarcreektrading.com cedarcreek_at_comcast.net
As the ex-Colorado Avalanche announcer, John
Kelly, used to sayafter an important goal was
scored Thank you, thank you, thank you!