Anyone use Japanese candlestick chart analysis? at FinGad.com

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Anyone use Japanese candlestick chart analysis?

Categorie: Recreation
Submitted 11 months ago by

Anderson , Senior Architect at Computer Merchants

I've become fascinated by Japanese candlestick chart analysis. It's a great way of seeing who won the fight between the bulls and the bears on any given day (or week, or month, or minute), and then how to spot when a trend (up or down) is starting, continuing, or ending. Here's a link to a free tutorial:http://www.tradingeducation.com/candlestick_tutorial.aspRather than trying to anticipate the next up move, why not react to the move as soon as it starts? Find out when the train is at the station, hop on for the ride, and get off when the ride is over.What's nice is that you can use this technique on anything that trades continuously in a liquid market - stocks, bonds, currencies, futures, etc. It's just a question of your time frame, risk tolerance, and attention span. Thought I'd pass this along.Ira More...

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