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Hello Brownsfan019,
I don't have a warm, fuzzy feeling about candles, here is why.
Say I look at 15-min charts. If I could move the price action of the day
5 min earlier, all those pretty dojis, hammers etc... would disappear.
I find it hard to believe in a system that would rely on a single candle.
It is really about data reduction. I would expect to have to look at
at least 3 candles to compensate for the under-samling of the info.
Just my 2 cents,
Rene |
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Rene,
You are entitled to your opinion. As a trader of candlesticks for many years in a professional, full-time capacity, I (and my bank account) would respectfully disagree.
Welcome aboard and good luck!
Note - candlestick analysis is not about looking at one random candle. If you want something that EASY, then don't waste your time with candlestick analysis. You asked for easy and I provided a somewhat easy option. If you want super, duper easy, can't help there.