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Old 04-08-2008, 05:43 PM
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Re: Why Candlestick Anaylsis is Different and Might Work for You

It's not how you get the information but how you use it. Be it Candles, VSA, Market Profile, etc...it's about understanding how the timeframes/fractals are interacting with one another. It's about finding the spot where you can enter on a lower timeframe and exit on a higher. This can be done with any of the ways listed above.

For me personally, I like to see pure momentum on the smallest timeframe and use tick charts (story inside the bar). For my largest timeframe I use Market Profile because it gives me more information than a standard bar (daily for example). My central timeframe is 3m and consists largely on basic candle analysis. Could an individual trade successfully using ONLY "time" bar charts...yes. The important thing in my opinion is to have enough information displayed where you can see the smaller and larger forces at work around your main timeframe.

Back to the original post (got a little off topic there)...

What type of discussion exactly do you want to see over here at the CC? I do believe that many people do get caught up in the other areas and lose site of the 'basics'.

Is this where I insert "ALL HAIL CANDLESTICKS"?

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