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