|
Re: Daily Candlestick Triggers
I'd be careful of using candle patterns as reversal of the trend. I did this for a while and got killed. Had some ups, but mostly downs. The trick is to use the candle patterns to go with the overall trend. It is weird since all the books and websites show candle patterns as calling tops and bottoms. But if you look at a chart they do call tops and bottoms, but how many false signals were in between. If you fight the path of the train you will get run over.
Just my .02
|