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Old 08-03-2007, 03:13 AM
JJay1231 JJay1231 is offline
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Join Date: Dec 2006
Location: Down Under
Posts: 161
Default Re: Japanese Candlesticks

Candlesticks are definately worth learning, BUT there are so many different patterns and only a handfull are really all you need. I recommend a book by Stephen Bigalow called "High Profit Candlestick Patterns", and it's probably the only book you need on the topic (I have 4) and it covers the most effective 12 patterns. Personally I only use The morning/ evening star pattern which includes a gap from the previous day, and a doji star followed by a gap, and they provide enough opportunities to keep me busy.

good luck
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