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Old 03-28-2008, 10:35 AM
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Re: Hammers in Hindsight Work!

Here's an important concept that James did not mention (yet) and 273 alluded to it:

CANDLES IN AND OF THEMSELVES BECOME LESS RELIABLE LOWER THE TIMEFRAME.

As I've said many, many times on this very forum, you need to have some sort of additional confirmation when you use candlestick analysis on lower timeframes. And by low, I mean under 1 day. You have to find what works for you.

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