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james16 Mar 29, 2009 6:03pm | Post# 25201

LOL.

i always get a kick out of these.

ive been studying candles since they became "popular"

they tell the same story as bar charts imho.

the only difference to me is how they look.

any candle formation you can show has its bar twin.



jim



This whole thread is about advanced identification of setups. It explains that which is otherwise known and explained well in many advanced candlestick manuals. The difference is that these chartists use bar charts. Try changing to candles. Much easier to read the market and find setups.

One must praise the persons for identifying trading mechanics using bars. But the Japanese discovered these insights centuries ago trading rice markets and they can be found in most japanese trading manuals. Nothing is new in life' so let us praise those who originally...

james16 Mar 29, 2009 6:18pm | Post# 25202

outstanding. really pharm this is really good.

IT WILL BECOME GREAT WHEN YOU HELP BEGINNERS GET THERE ALSO.

you seem like the kind of person that understands that so i hope you will.

either way you certainly blessed me with this and it just shows once again if its done correctly it works.

thanks,

jim



Yes, Bodhi means; awakening, enlightment, awareness, understanding. I've been waiting 8 months to make my first post here on this FF thread. Waiting until I felt I had acheived my A HA moment. I'm a member of the PF but not a frequent poster in either. Rather, I am a learner, one who studies.

So what was the genesis of my first post? Well, after spending 6 months studying the material in the PF, I resumed live trading. For the past 2 months, my small account is up 13%. I have taken 4 trades, 3 winners, 1 breakeven. I'm a little more aggresive...

bundyraider Mar 29, 2009 6:23pm | Post# 25203

LOL.

i always get a kick out of these.

ive been studying candles since they became "popular"

they tell the same story as bar charts and much more confusing visually.

there ARE NO differences between them.

anyone that tells you differently are generally the same people that have a chart so filled with crap you cant even see price.

no offense to you chart but thats how it is.

the only difference between a candle and a bar is how they look.


jim
Yeah, they both give you the same information. I have to semi-disagree with you on bars been clearer.

It's obvious it depends on the individual. Look at Jaroo.

I use candle charts myself to see different things clearer occasionally.
Personal taste. Neither is better.

james16 Mar 29, 2009 6:35pm | Post# 25204

yeah your right. im gonna reword that post.

Yeah, they both give you the same information. I have to semi-disagree with you on bars been clearer.

It's obvious it depends on the individual. Look at Jaroo.

I use candle charts myself to see different things clearer occasionally.
Personal taste. Neither is better.

mbqb11 Mar 29, 2009 6:35pm | Post# 25205

LOL.

i always get a kick out of these.

ive been studying candles since they became "popular"

they tell the same story as bar charts and much more confusing visually.

there ARE NO differences between them.

anyone that tells you differently are generally the same people that have a chart so filled with crap you cant even see price.

no offense to you chart but thats how it is.

the only difference between a candle and a bar is how they look.


jim
LOL yep I bit my tongue on that post

urchman Mar 29, 2009 6:37pm | Post# 25206

bar fan
 
LOL.

i always get a kick out of these.

ive been studying candles since they became "popular"

they tell the same story as bar charts and much more confusing visually.

there ARE NO differences between them.

anyone that tells you differently are generally the same people that have a chart so filled with crap you cant even see price.

no offense to you chart but thats how it is.

the only difference between a candle and a bar is how they look.


jim
i also notice that im more comfortable trading with the bars and it did helped me a lot to be very picky in my daily and weekly trades...maybe my Aha moment is closeby

jarroo Mar 29, 2009 6:51pm | Post# 25207

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Yeah, they both give you the same information. I have to semi-disagree with you on bars been clearer.

It's obvious it depends on the individual. Look at Jaroo.

I use candle charts myself to see different things clearer occasionally.
Personal taste. Neither is better.
Actually I was thinking of changing to the Forest charts.
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Size:  11 KB

jarroo Mar 29, 2009 6:51pm | Post# 25208

Actually I was thinking of changing to the Forest charts.

Just kidding.

james16 Mar 29, 2009 7:00pm | Post# 25209

theres a great method buried in there somewhere but i will let the younger crowd find it.

lol

Actually I was thinking of changing to the Forest charts.

bundyraider Mar 29, 2009 7:04pm | Post# 25210

1 Attachment(s)
Actually I was thinking of changing to the Forest charts.
Why complicate things. Kagi. Fo' sho' Bro'

Go no idea how you trade this. lol
Click to Enlarge

Name: kagi.GIF
Size: 22 KB

jarroo Mar 29, 2009 7:05pm | Post# 25211

Why complicate things. Kagi. Fo' sho' Bro'
Its actually spelling "Pin Bar". I love it.

bundyraider Mar 29, 2009 7:07pm | Post# 25212

yeah your right. im gonna reword that post.
Well, I'm never wrong. ...So I'll be risking 50% on my next trade.

bundyraider Mar 29, 2009 7:09pm | Post# 25213

Its actually spelling "Pin Bar". I love it.
We're laughing at it, but I actually see a really good PPZ there. lol

bundyraider Mar 29, 2009 7:12pm | Post# 25214

LOL yep I bit my tongue on that post
Same. You get over it after a while.

The right attitude would be to open up to the "real" information 'between the lines' in this thread. Not go on a anti-plagiarism crusade. (Or suggest one )

Flem26 Mar 29, 2009 7:15pm | Post# 25215

I've preferred bar charts from the get go myself, but that chart you posted is most intriguing Jarroo. . .

james16 Mar 29, 2009 7:16pm | Post# 25216

1 Attachment(s)
how about dot on close?

ive been playing with this one for a long time. lol



Why complicate things. Kagi. Fo' sho' Bro'

Go no idea how you trade this. lol
Click to Enlarge

Name: doc.jpg
Size: 58 KB

bundyraider Mar 29, 2009 7:20pm | Post# 25217

how about dot on close?

ive been playing with this one for a long time. lol

But that's a valid charting method . ....When combined with astrology.

When Sagittarius follows Capricorn you go long. lol
.

mbqb11 Mar 29, 2009 7:24pm | Post# 25218

how about dot on close?

ive been playing with this one for a long time. lol

is that the big dipper

james16 Mar 29, 2009 7:32pm | Post# 25219

its a 12 gauge pattern after i actually tried to trade it one time.







is that the big dipper

bundyraider Mar 29, 2009 7:47pm | Post# 25220

its a 12 gauge pattern after i actually tried to trade it one time.

lol. The shot gun approach. I thought that was just an analogy you used.


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