Nothing beats the Japanese Candlesticks
February 27th, 2008 . by adminThere are great steaks to be found in New York for sure. Probably the finest steaks go to New York, Las Vegas, Chicago, and San Francisco. I like steak done rare. To me, it’s a crime to overcook steak. If I want to eat carbon, I can char almost anything and eat the carbon neat. In technical anlysis of the stock market and the Forex market, nothing beats Japanese Candlesticks for accuracy in forecasting major changes in trend. They are sometimes quite uncanny in their predictive capability. Having learned about them, I would never go back to the old bar chart form of price display, which tells so little when compared to the candles, which tell all about the underlying psychology of the marketplace at any given time.
