DD7 6 Sep 2012 09:07
Personally am a big fun of candlesticks , I started learning 2/3 patterns then I now know a few more ;-) , I try to do a post mortem every day to explain what happened . Enjoy your read , Ichimoku is also becoming a stronger favourite of mine, the theory behind it tends to take candlesticks to an upper level . Am a great fan .
As with all TA though choosing the right timeframe is key , for VGM quite obviously it's daily .
In forex I find them crucial when combined with Fib retraces . On shares when they hit resistance and support lines.
I noticed GKP technicals looking good, hit my buy target , but am not in .
Gold hitting 1703$ , looks like resistance is broken , but now needs to confirm the breakout , if it does next step 1716 , next 1730 . All good for VGM cash flow