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Candles- What do they mean

  • Post# 1
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  • First Post: May 16, 2008 12:42pm
  • ianwilson
    Joined Apr 2008 | 13 Posts | Status: Member
Hi
Does anyone know of anywhere on the net- here or otherwise that I can get a breakdown of what differing individual candles mean, how to distingish them and how powerful they are.

Thanks in advance for your help.

Ian
  • Post# 2
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  • May 16, 2008 12:55pm
  • opie999
    Joined Jun 2007 | 2,676 Posts | Status: Know that you don't know.
Do a search in the forum or just google "japanese candlesticks". There's tons of info out there. Books by Steve Nison are also highly recommended.
  • Post# 3
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  • May 16, 2008 5:55pm
  • Bemac
    Joined Jan 2006 | 5,441 Posts | Status: Monarch o' the Glen
Quoting opie999
... Books by Steve Nison are also highly recommended.
Web search will give you cursory info on Candle Patterns but if you really want to understand why those patterns work, you're gonna have to shell out ~ $100.00 or so for at least one of Nison's books.

I prefer

"Beyond Candlesticks."
{10 pip profit for the info in this book is a Steal of a Deal}

Author: Steve Nison.

Publisher: John Wiley & Sons (1994)
  • Post# 4
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  • May 17, 2008 4:06am
  • xiiitrain6
    Joined Mar 2008 | 6 Posts | Status: Member
just google it
  • Post# 5
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  • May 17, 2008 5:22am
  • max pips
    Joined Mar 2008 | 261 Posts | Status: Is this it?
have a look at investopedia, theres a few sections on there

Max
Gravity goes both ways in forex...
  • Post# 6
  • Quote
  • Last Post: May 17, 2008 5:50am
  • ianwilson
    Joined Apr 2008 | 13 Posts | Status: Member
Hi All

Thanks for your help- I have found many good articles and pics on google - I will be investing in the book suggested- many people like him as a author and recommend him.

Thanks again

Ian
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