hello i im also candlestick and i
m very pleased with my results like i see your are very good too. do you use anything else or only candlesticks?
Intuition, sixth sense, experience??? Sorry I got carried away
a little bit there.
When my charts load on my computer there are 5,
1 Home page, accounts, various pairs, etc. This is just a candlestick chart (daily) Not great for TA.
2 Candlestick chart, sars (0.02, 0.2), ema 25,50,100, macd (12,26,9)
5 mins
3 Candlestick chart, sar,wma 25,50,100, CCI (14) 5 mins
4 Candlestick chart, sar, ema 10, 25,50, Fast stoch (14.3) 5 mins
5 Candlestick chart, Bollinger band, (at present (12, 2.0) but still in
dispute) 5 mins
These can all be changed to whichever pair I choose on a dropdown
menu, the same with the time frame. Chart No. 5 is my main chart
for candlestick formation recognition. It is a full page chart, IMO this
is the only way to recognise a formation.
These are all Oanda charts.
I also use MT4 but only for research purposes, ie I backtest on them,
I try out new systems on them.
Forex is a fluid market, (I read that somewhere, I think, but don’t quote
me), therefore any study of it must be fluid & changing, trying to hone
a system to extract the greatest efficiency.
Behind me on the television I also have Bloomberg news or CNBC whichever
takes my fancy at the time. Not that I know a great deal about news
& fundamentals, I am also trying to study that as well.
[b]Sorry about this tome, but I felt it necessary to try to explain my answer
to the question, only candlesticks?
Nobody uses just one system of TA, we immerse ourselves in all the
various forms in an attempt to get an “edge”.[/b]
:wishes: