Candlestick Glossary

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) 

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