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You have actually asked a difficult question............
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Yeah, I knew that. lol
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I was doing research on another form of trading, that being of working solely with Keltner channels and using Keltner channel trading. I did a lot of testing with this method and it has the potential to make thousands of pips.
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Interesting. I bet you had something mind blowing.
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However, I found that exits were nearly impossible to predict and after receiving confirmation from FX Honourary member Dale Paterson, that he too found the exits impossible, I decided to abandon the work.
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Why were the exits that hard? Was it because you could not tell if they would be good for only 5 pips and some good for more and that caused too much confusion? I apologize if I sound naive. I am a very curious person and love to learn for the sake of learning.
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I have interest in no other method of trading - as far as I am concerned, candlesticks are the Rolls Royce of trading. I think that I have made that rather clear in the early parts of this thread.
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I TOTALLY AGREE. Everything else seems like pure luck or random chance.
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Therefore, the best way to find out what I know is to continue reading this thread.
Steve Nison's books are the main source for all candlestick knowledge.
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Already started on one of Nison's books. And I am definitely not leaving this thread.
Your hard work on this thread and the effort is GREATLY appreciated. I try not to post unless I have to just to prevent the thread from getting cluttered.