CandleStick Pattern Trends ?

Discussion in 'Technical Analysis' started by sfunds, Mar 20, 2004.

  1. sfunds



    In Most of the patterns whether reversal or continution it depends on Underlying Trend How to get underlying Trend

  2. Many, many methods. All black or white candles, Moving averages, Trend Lines, Higher highs and higher lows (or lower lows and lower highs.). You can use stochastics for over bought over sold etc. The ways are endless. Buy Nison video's and it'll really help understand how he uses candles. It's easier because you watch the master himself tell you what's usefull and what's not for candles. I'd read a book like Murphy's to learn basic technical analysis. Nison uses western technical analysis and combines with candlesticks. Hope this helps.
  3. stockteacher, that's a pretty good site for a newbie. Thanks for the link. Always learning something new:)