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Bottoming Tails and Topping Tails

February 7, 2012 by  
Filed under Trade Like A Pro, Understanding Candlesticks

I love candlestick charts. In my opinion they should be the only chart you use. No other type of chart allows you to quickly see whats going on in a stock. There are two candles that are easy to identify and when used in conjunction with other set ups can really put the odds of […]

Let Candlestick Charts Lead The Way

January 26, 2012 by  
Filed under Trade Like A Pro, Understanding Candlesticks

  Charts are like maps, the more information each chart provides the more likely you will reach your destination safely. Candlestick charts provide a more detailed and accurate map of the market than bar, line, or point and figure charts. I love candlesticks because they are so visual. You can quickly identify who is winning […]

Candlestick Charts

May 15, 2010 by  
Filed under Trade Like A Pro

History The Japanese began using technical analysis to trade rice in the 17th century. While this early version of technical analysis was different from the US version initiated by Charles Dow around 1900, many of the guiding principles were very similar: The “what” (price action) is more important than the “why” (news, earnings, and so […]

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