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Old 12-13-2007, 10:32 PM
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Re: hi

You have to understand how candlestick analysis really works before you say it doesn't work. Like Brownsfan said, it is one of the most simple things to trade, especially if you combine it with VBCs.

And you don't rely on a single candle in CA, you use the candles to determine the discrepancy between buyers and sellers. You read the candle in correlation to where the market has been moving. For example, a doji or "hammer" doesn't really mean anything in a sideways market, but a hammer after a downtrend could give you heads up. The candles tell a story.

I guess I don't really understand what you mean by "If I could move the price action of the day 5 min earlier, all those pretty dojis, hammers, etc... would disappear." Maybe you can clarify that?

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