posted
I don't use them but I did/do follow them. Not my style of trading to follow them.
They are to hit or miss to me. My personal feeling is that you can not trade just on a candlestick signal there are too many other indicators and news of the day etc to consider.
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posted
Candlestick signals are great indicators by itself though i use them with other indicators.. besides when you get a Candlestick signal you have to wait for the next candle to confirm it.. if you get a Hammer on a downtrend you do not enter the position till the next day after you confirm the trend will reverse and the candle is on the uptrend on high volume.. just a example of a simple candlestick pattern...
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