DAYTRADING Fundamentals Message Board

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Strategies & Market Trends : DAYTRADING Fundamentals

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To: OZ who wrote (2841)	8/15/1999 8:18:00 AM
From: Dotty	Read Replies (2) of 18137

Candlesticks or/ Bars? I'm curious to know who uses what & why... I love candlesticks, because of the immediate gratification they give. I can tell right away what the sentiment is out there-bearish or bullish... Candlesticks seem to be a right-brain tool for the visually-minded, whereas Bars (used by Raschke, Cooper, in Mark Boucher's course & mentioned by Trader Alan yesterday (as in " a hammer reversal on the 13:05p bar"?!) seem very left-brained to me...more mathimatical? I've also heard it said that once you're in a trade you should not be looking so much at the chart as at the time & sales/Prints etc... Anyone? TIA Dotty

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