Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: David R. Evans who wrote (9533)	2/23/1999 4:26:00 PM
From: TA2K	Respond to of 12039

"Are you making money doing what you are doing?" No. "Are you happy doing what you are doing?" No. At least not just yet. Still learning. But I appreciate your post.

To: David R. Evans who wrote (9533)	2/23/1999 4:46:00 PM
From: keith massey	Read Replies (2) \| Respond to of 12039

I have noticed very little mention of Candlestick formations on this thread. Although many people are using standard indicators for short term moves I rarely see this old time favorite talked about. Some of my favorite scans include looking for a general trend using standard indicators with a given 2-5 candlestick formation at the end. I also apply volume measures to each candlestick in the pattern. I don't use this approach for medium to long term trades but for short-term trades 1-3 days in length I have found candlestick very useful. I would appreciate any tips or comments in regards to this topic. Best Regards KEITH

To: David R. Evans who wrote (9533)	2/24/1999 4:15:00 PM
From: TA2K	Read Replies (10) \| Respond to of 12039

I think I had a glimmer of insight today. I'm wondering if some of you can respond to the following: "Using price pattern together with volume pattern is enormously superior for predicting price direction than using only price pattern alone. Doing the latter is like a boxer entering the ring figuring he can do okay just using one hand to fight." I don't really know if the above is the case or not. Please give any comments that shed some light on the issue. Thanks