Need to learn more about candlesticks.
recommendation's please.
Thanks in anticipation.
Regards
Dave
recommendation's please.
Thanks in anticipation.
Regards
Dave
PAINTACE said:the Candlestick Course - Nisson
I've read lots of basic candlestick info on the web, but this book went into, how to read a candlestick chart. Support and resistance, trendlines, risk/reward of a potential trade, when a hammer has no strength etc. Very good for beginners and people not making a profit!![]()
happy trading
pa
twalker said:IMO candlestick analysis should be kept fairly simple. Just the major morning/evening stars, doji's, cloud cover, harami's etc. I have yet to meet anybody who made money trading candlesticks patterns alone. Most people look at candlestick charts as they offer more information at a glance on price action and then apply the same rules they would if they were looking at a bar chart..
twalker said:I am actually the proud owner of a signed copy of Nisons first book, he wrote "May the candles light your way as they have mine". ( any bids ?)
They certainly form an essential part of my trading desktop now as I feel decidedly uninformed with any other type of chart, despite my last post.
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