Originally Posted by richpuer
candles dont mean shit sometimes..hammers and such sometimes are very nice fakeouts and its my belief that technicians intentially print certain types of bars to sucker the candle worshippers in......look at the nice hammer on 8/03....whoever bot the close on that basis got slaughtered the next day
Its all context...hammers by themselves dont mean crap but with delta charts and buying on weakness data as well as timing charts supporting a bottoming view, it does mean shit...
...actually more than shit hehe.
There are no guarantees in life otherwise we could all retire...calls will be judged on accuracy(more winners than losers)...but I would like to see more participation on this thread or I will lose interest...but maybe its abit much to ask for on car website...