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Frankly I don't care what the signal was, it's making me money. If we want to get bitchy about the candle and when I should have taken it, then we will simply look at price action alone. The fact stands, price hit support and found buyers thus moving price higher. |
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That was my point in the
VSA thread but candlew feels like getting into a pissing match about what it was technically called. I apologize James if my humor was lost in this thread. Just tired of newbies saying something doesn't work when they obviously do not have a freakin clue...
You now get it - the name of the candle is IRRELEVANT. Remember when you first got into candles? Now look at your work here. WOW. That's all I can say. YOU GET IT. Many here do not and will not.
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Brown, so really you aren't using candles at all except as a method to portray price over time? Or is it just one knows or agrees on what they are called or what there characteristics are  Tell us what you look for rather than just poking at the VSA guys (I'm pretty sure I know as it happens but it would be helpful to others I'm sure).
So really it boils down to the fact you find candles aesthetically more pleasing? Thats a genuine question btw.
Cheers. |
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BF - excellent deductions as usual.
I like candle charts b/c my eyes are trained on them. I know what to look for and while the book definition may call a pattern a spinning top, I just might call it a hammer. Oh well.
It's about what you see and the characteristics. You got it. I see a bullish looking candle at some support, high volume, etc. and I am going to consider going long there.
And from that point it's trade management as James_gsx is doing here.
PS
You going to play combat grounds this next round?