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Strategies & Market Trends : Technical Analysis - Beginners

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To: Michael Watkins who wrote (11189)2/1/2001 6:41:37 AM
From: Dick Brown   of 12039
 
Just an observation...
I see comments like this often..
"Note I am not saying that candles do not work, just pointing out an observation and an adaptation that some of us have made."

The 'work' word..Darts find winners but you know it is totally random so would one say they 'work'? The dart has no knowledge or intelligence..
You use all these tools to determine,in your timeframe, if supply or demand is in control. No one anything(ma's,candles,etc) has all the answers..The best systems are only(IMO)55-65% accurate at best, so what you do when you are wrong is so important.. You make it WORK and only you..
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