Traders Laboratory - View Single Post - Why Candlestick Anaylsis is Different and Might Work for You
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Old 04-08-2008, 11:12 PM
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This member is the original thread starter. Re: Why Candlestick Anaylsis is Different and Might Work for You

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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.
I agree. Steve Nison has turned into a marketing machine and as a result, candlestick analysis has all these fun names, ideas, etc.

And in the end, it's really about visually seeing the fight of the bulls and bears. You can look at a candle and say - bullish, bearish, neutral - and know nothing about candle trading.

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