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

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To: Ed Frye who wrote (839)12/1/1997 9:42:00 PM
From: ftth  Read Replies (1) of 1589
 
Hi Ed: Along the same line as my earlier message, here are some
blurbs from Nison's books which I agree with wholeheartedly:

"You must consider the overall market condition when trading with candles. The overall technical picture should be viewed as more important than an individual candle pattern."
and
"A trader must wait for time to ripen, waiting for just the right moment. In other words, just because there is a candle pattern does not mean that the 'time is ripe' for a trade.

dh
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