How to use candlesticks?



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HOW TO USE CANDLESTICKS
Discipleship-Training-Manuel-Uptown-Church

HOW TO USE CANDLESTICKS?

Learning candle patterns in groups is much like recognizing family members. If a large number of relatives were disbursed in a crowd of strangers it would be easy to miss them.

However, if the relatives were all brought forward and arranged by family units it would become rather easy to spot them, even if they were dispersed back into the crowd again.

Candlesticks, like relatives, can be grouped together and learned in family groups. They can be directly related or cousins. As in any family some of the cousins can be a bit odd, but inĀ perspective they still fit and are much easier to remember if they can be placed into a family.



Candlestick patterns have very strict definitions, but there are many variations to the named patterns, and the Japanese did not give names to patterns that were 'really close'.

Experience and common sense allow traders to read the message even if it does not exactly match the picture or definition in the book.


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