The Dojima Rice Exchange established in 1697 elevated merchants, ryogaesho, in Samurai commerce to barter rice received by the Samurai for services rendered to the Shogunate.
A testament to the commercial acumen of the ryogaesho is that they lived at the tip of the Samurai sword and prospered through famine and the rice to coin debasement of the mid 1700's.
Gifts of the ryogaesho are candlestick charts that measure the intention of crowds which others, Mr Elliot (1925), and Mr Dennis (1983), supplemented with fancy names like waves and turtles.
The first wave, the impulse wave, is the marker in price, time, and range.
The second wave is the first round of sobriety.
The third wave is the party.
A few
mc 866
mc 3.22
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