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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Casaubon who wrote (19261)7/2/1999 8:37:00 PM
From: sean sanders  Read Replies (1) | Respond to of 99985
 
Casaubon,

Thank you for the great commentary; I bet you know more then you think.

I have Nison's second book here. Not bad, but not too much info on candles ... 1/3 candles 1/3 other oriental charting ie Kagi, three line break, Renko, and 1/3 on combining candles and such (quite strange). I paged though Nison's first book once and thought that it had alot of good info in it. Morris's is smaller but still good.

I probably should wait more for confermation when looking at candles, but that would mean of course getting into trades quicker (not getting in late).

btw what charting software do you use? I have MSwin (metastock) here and have wondered about using the candle volume charts; but am not sure if I could get good trades by using them. Ever use them. Morris suggested that angeling support/resistance lines would be squed to a degree and thus might not work that well.

Sean