What sort of indicators is everyone using when using the japanese candlestick trading method? Right now while I am demo trading I am using slow stochastic.
I am just using a demo acct as well, but in addition to slow stochastics (like you) I place much attention on the Bollinger bands. If the price is high on the bands, I assume that it can only go down and vice versa. I then use slow stochastics to confirm and candlestick patterns to confirm again. I am far from an expert, but this strategy gave me substantial demo success last week.
Go to my thread post #1393 on page 140 :
http://forums.babypips.com/newbie-island/10812-joy-candlestick-trading-learning-experience.html
http://forums.babypips.com/71575-post1393.html
Thats a direct link to the post Tymen mentioned above.
Wow!!
Thats incredible [B]NickB[/B].
How did you do that?!
Thank you everyone.