Litwick.com candlestick charts Message Board

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Strategies & Market Trends : Litwick.com candlestick charts

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To: Jaime Leiderman who wrote (5)	6/11/1999 6:31:00 PM
From: Vendit™	Read Replies (1) of 8

Call me a tight wad but when I can find it free on the net I can't pass up the price. I have read no candle books but have learned a great deal from comparing daily candle formations to those found in the Litwik glossary. It took me a little time to begin to understand why a candle took on it's unique shape each day but they really paint a nice picture of trading activity as well as investor sentiment. Finding short term tops and bottoms are something I find them useful for. It is interesting to note that a hanging man candle at the top of a up trend tells of a top and the same formation in a down trend tells of a bottom. Once this is understood then trading patterns are easier to visualize. Vendit

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