Top Forex Forum | Get Forex Trading Strategies & Feeds | Forex Forum
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
JAPANESE CANDLESTICKS
In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This
technique is called candlestick charting. Steven Nison is credited with popularizing candlesticks charting and has
become recognized as leading expert on their interpretation.
Am I talking about a bunch of indicators? No, many trading systems today have evolved into the use of complicated indicators and all but ignore price action altogether. Candlestick Trading for Maximum Profits teaches you to study price action.
Bearish Candlestick Reversal Patterns -
Let Me Illustrate My Point
Below is a chart of LFUS that was in a downtrend during February to the beginning of March 2009. During this downtrend three Bullish Harami candlestick reversal patterns formed but only one would have made a profitable trade.