Candlestick Q&A

The other day Ken left a comment with some good questions about Japanese candlesticks. I thought I should answer them in a new post in case others had similar questions. Here’s Ken’s comment: I notice there are some black candles on your charts. Why are they in black? On the WIRE chart, why do you [...]

Morning Star on the Nasdaq

You won’t see many better looking morning star patterns than this:

A Question About Indicators

Here’s my answer to the following question which was posted in my comments yesterday by Gary: I’ve signed up for an evaluation of TC2000, which I was previously unaware of. However, after studying Worden’s videos and Help Contents on individual indicators, I’ve tried to find out if they would recommend where I could find info [...]

Times Not to Use Candlestick Analysis?

I’ve been having a discussion with Charles about using candlestick analysis on the chart of EWJ, which is an exchange traded fund (ETF) that tracks the MSCI Japan Index. Charles pointed out the large number of open windows (gaps) on the chart which should serve as support/resistance. I brought up the question of whether those [...]

Japanese Candlesticks Quick Reference Document

Here’s a document I put together a few years ago to serve as a candlestick quick reference and cheat-sheet of sorts. (PDF |