Journal
Notes written after class
Short pieces from the Bang Phli desk on candlestick pattern interpretation: measurements, names, and the bars that do not earn a name.
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Measure the lower wick before you say hammer
A long lower tail is not a hammer until the body sits near the high and the prior swing has somewhere to land.
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Reading the upper wick on a SET daily bar
The upper wick is the distance from the high down to the top of the body, and it records prices that were given back before the close.
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A doji after a quiet week
Open and close nearly equal is enough to say doji. It is not enough to treat the bar as a turning point.
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Marking an engulfing pair in pencil
The second real body has to cover the first real body. Covering a wick, or covering most of the body, is a different drawing.