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Strategies & Market Trends : Candlestick Charting--The unknown indicator -- Ignore unavailable to you. Want to Upgrade?

To: MonsieurGonzo who wrote (622)	11/17/1997 7:24:00 PM
From: ted birnbaum	Read Replies (1) \| Respond to of 1589

Steve, Shhh.... I have been using those charts for a few months and they are great. Not only does it do good candles but it shows the last 15 or so trades I is NOT however realtime unless you are paying for it. But its a great tool none the less.

To: MonsieurGonzo who wrote (622)	11/18/1997 6:49:00 PM
From: Esteban	Read Replies (1) \| Respond to of 1589

Steve, Regarding intraday candlesticks and index trading. How has the pattern reliability been working out? Morris says that intraday candles are not reliable because there is no definite open or close. A very large part of candlestick makeup stems directly from the open and close levels, and these are not definite occurences on intraday charting, just arbitrary time frames. Without a cessation of trading to define the candlestick body, I would think that the mass trading psychology that the candle body represents is missing from intraday candles. What are your thoughts on this? Esteban

To: MonsieurGonzo who wrote (622)	11/21/1997 6:06:00 PM
From: Tom L. French	Read Replies (1) \| Respond to of 1589

Steve I am reading back and responding to your Nov 17 post about the quote.com site. I have done a lot of searching, following up suggestions from people and articles...but stop I don't want to plug this site. It is the best, but it gets slow, so slow, even stops sometimes, and of course at exactly the wrong/busiest times. Its a find, but keep it a secret (I love sharing, but this? It is such a treasure.). Other than this, I download data daily to MeataStock software, which is great because you can really explore candlesticks, especially "backtesting" without having to deal with the www (wait wait wait). Plus, it has a built candlestick expert advisor which tells you what candle has appeared and what it might/usually does/could possibly mean. THAT makes it worth the price of admission, for my money. Plus, this if you can stand analogies; I just bought a dog, so here goes... the web is like a dog that will fetch (how fast, depends on the time of day and how it feels); your own software is like actually having it now, without needing the dog to fetch it... I know it's not that simple, but it makes the point. Regards, TomLF