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Old 07-30-2007, 02:01 PM
mrbaseball mrbaseball is offline
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Join Date: Feb 2003
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Default Re: Ask a Technical Analyst

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I heard candlesticks TA is fluky and a joke.

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In technical analysis almost everything on it's own seems fluky and a joke. This is why you need to use multiple indicators and ideas and look for situations where they all come together and confirm each other. Any TA indicator is pretty useless on it's own but when in sync with other indicators (and timeframes) can be very powerful.
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