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Old 04-08-2008, 10:12 PM
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Re: Why Candlestick Anaylsis is Different and Might Work for You

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Not sure where I thought this discussion would go HLM. Just felt like posting my observation.
I empathize. And though I haven't read all 2500 posts in the VSA threads, I did read some of the earlier posts, and the view taken at that time was much broader. Somewhere along the line, all that disappeared.

As for Market Profile, though it does seem a bit jargon-heavy, it is more open-minded, which is always a plus.

But as for candles, there's really nothing that I can contribute since I don't trade according to them. My bar interval is just too small.

Perhaps candles have developed too much of a mystique -- the exotic names, the complex patterns. Perhaps what's damaged candles is the same as what's damaged every other approach that has a sound basis: the search for signals. There is also the problem, when seeking out other traders, of having even fewer posts than you have now. The traders are busy trading.

As I said earlier. Frustrating.

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