Candlestick Patterns for Day Trading PDF

in #most5 years ago (edited)

I don’t particularly trade too many different candlestick patterns. I find it confusing to use too many patterns in making a decision. It’s as if some people believe they can actually read the hidden message the price is trying to tell them rather than simply a high probability opportunity.

So they memorize as many patterns as possible without understanding why and in what context they may be effective in the first place. Some patterns are neither here nor there in their effectiveness and certainly not with-ought the context of support/resistance, moving averages, trends, and fundamentals that drive these trades in the first place.

Compound this with the fact that there is no real proof offered that these patterns actually turn a profit and you have a recipe for failure.

I will refer to only a few candlestick patterns. You can read the link below to get more info

https://andiamolireforex.com/candlestick-patterns-for-day-trading-pdf/