Candlesticks

i was just wondering does anyone here use candlesticks, firstly because when you look at candlesticks on the 24hour chart youve got one set of candlesticks, but when you change the timeframe it changes are they of any use

Thankyou

To be concise:

Yes, you better know your candles.

Just look at the bottom of this very post in the "similar threads" box.

I use many TF and some tools of Pivot,SUP and RES..is very good..

Best Regards,
Marcelo Marques

Hi,

I found this software inforex.pattern-watcher.com that find patterns and notify you in real time.
It seems very cool.

They look at 89 diferent patterns, in 1,2,3,5,10,15,30 and 60 minutes time frame, and if a pattern occurs they notify you in Real Time.

Candlesticks are the few things that actually work, learn your candlesticks. When you change time frame your simply changing scale, lets say it may be bullish on 1hour but bearish on daily, basically that means its likely next hour it will go up say 20pips but tomorrow it will fall 100.

Learn Doji very very useful.