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Friday, December 09, 2005 |
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Here's a good one. Download the Candlestick Glossary thanks to Brian. I hope you don't mind me posting your summary: "...Steve Nison's candle glossary. He literally wrote the book on candles and is the reason westerners use candles today. I like to force myself to give a name to each candle or group of candles as they come up. You will notice with Steve, that the effect of a candle may take place several candles on - he may point to a bearish engulfing candle five or ten candles later and say "see, I told you so". Also key to his strategy : reversal does not mean up goes to down; reversal mean a change from one state to any other : the 3 states are up, down, sideways. Very important distinction... and lastly, he feels every candle signal must be verified with western technicals; S & R etc. " Candlestick Glossary (8.94 MB 09.12.2005 10:50)
Learn Forex
candlestick
december 2005
Do candlestick signals work for intraday charts. This glossary seems like it is talking more about daily charts since there are gaps...? |