Hi, I was looking at registering to some of Steve Nisons online course to give me a better understanding of candle stick charts. I was hoping this would help improve my entrance and exit points when getting in a trade has anyone on here done similar? Is it beneficial or worrhwhile? Thanks for any feedback in advance.
Posted Nov 27, 16 12:56 PMbyPAULCH1985
Categories
Technical Analysis
Thank you will take a look
I understand what you mean i too need to improve on my entry and exits. I tried studying it but found that for intraday its harder to use. So instead i go by what @arickrussel does. He uses the EMA(9) for entry when it comes close to it for a pull back during a spike and uses a trend line for exit.
Its also useful in dip buying seeing the candle change color from red to green and it crosses the EMA(9) and the Macd crosses over
Thank you will also take a look I follow him already so will maybe contact him so he maybe could explain s little further. I haven't spoken. To many people who fully understand candlesticks yet so am really hoping that I can pick it up and learn for myself.
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