Candlestick Charting--The unknown indicator Message Board

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Strategies & Market Trends : Candlestick Charting--The unknown indicator

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To: MonsieurGonzo who wrote (695)	11/22/1997 12:20:00 PM
From: Tom L. French	Read Replies (1) of 1589

Steve >>Glen; RE:" GD looks REALLY GOOD!!!"<< I'm not sure why you said it looks good. Have to learn these formations you are talking about. But I just saw something I have never seen before (so it may mean nothing) but on GD what looks like a breakout (on a 30 minute chart, and like a very big bullish candle on a daily) is in fact 1 minute of action--if you look at a 1 minute chart, there it is, a long long white candlestick. Is that one trade? Can't tell. But it is not very convincing to me as a bullish indicator, when looked at this way. TomLF

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