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Old 12-17-2007, 03:38 PM
monad monad is offline
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Re: Intraday Candlestick Trading

Another neat trick is learn to blend candles of in your head,
ie. a WRB up, squat and a down bar on 5min chart, now take the open of the WRB, high and low of the 3 bars and close of the down bar,

Now you have a 15min candle , either a doji or an inverted hammer/dragonfly.

Same process again to gauge what is on the 30min.

My 2 cents. helps me anyway

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