DislikedHey Golfer you are a market guru !
Today I've found other good example of bullish 3 pattern on g/u, it's interesting that war zone bounce is exactly in Fib 38.2 level.Ignored
Thanks but no, I am just following Phillip's advice regarding candlesticks and their formations. I did compile a document of my own consisting of all the major candlesticks and patterns (bullish and bearish)(examples compiled from various websites). After compiling the patterns, some theory and examples from the Internet, I went to my own 4h charts and looked for practical examples and also included them (my own examples) in this document of mine. At this stage I only have a document with all the bearish patterns.
Very helpful with the 4h system but I can see also now with the 5min system (how helpful it is). But people will tell you they are not that so reliable on a 5min chart - go and look for yourself.
I do have a printed copy of that document next to my bed - every evening I do study a bit (a pattern or two). The next day I look for additional examples on the live charts.
Forex trading doesn't come easy - you need to work at it in order to make a success of it.
Willem
Forex recipe for success = Patience, discipline & hard work.