deprez
60 posts
msg #28428
- Ignore deprez |
9/9/2003 1:29:43 PM
What is a head shake?
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jthehut
124 posts
msg #28430
- Ignore jthehut |
9/9/2003 3:18:21 PM
Step 1: move head 90 degrees to the left
Step 2: move head from step 1 position 180 degrees to the right
Step 3: position head back to step 1
Step 4: repeat steps 1-3
Just kidding, don't know deprez...
jabba
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houghton
29 posts
msg #28433
- Ignore houghton |
9/9/2003 4:46:14 PM
I believe you're referring to head "fake". It's borrowed from a sport term in which, in football for example, a runner moves his head in one direction indicating that that is the direction in which he will turn in order to get an opponent to move in that direction while the runner actually turns in the opposite direction. In the markets, the term is used to refer to market makers' attempts to draw in buyers or sellers by increasing or lowering prices and then going in the opposite direction. you can see it on a chart where a stock has been in a trend, then a candle spikes in one direction luring in other players and then quickly reverses and moves considerably in the opposite direction.
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deprez
60 posts
msg #28452
- Ignore deprez |
9/9/2003 11:50:30 PM
You were right it's a "head fake" I wanted to know about.
I knew it was something like you described,
but wanted to get more detail on it.
Thanks.
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bob79924
38 posts
msg #28453
- Ignore bob79924 |
9/10/2003 12:45:48 AM
I thank you also. I've been wondering what the term meant.
Bob W.
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