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Re: lowtrade post# 1482

Thursday, 04/28/2005 9:01:49 AM

Thursday, April 28, 2005 9:01:49 AM

Post# of 44374
I have to disagree with you lowtrade. The book by Steve Nison (who is imo considered the grandaddy iyw) is a classic. However it is still, for such a large book, very elementary. College, no, more like grade school. Not that it has anything to do with the quality of the info but the print is larger than it really needs to be also. You will find just as good of information at stockcharts. I began at the library and checked out as many books about TA as I could. So you don't necessarily have to buy a book. Most TA books have a section dedicated to candles.

Lowtrade and others, don't give up on candles just because what you thought was a trend did not turn out to be. Important in our conversation guys, which william points out, is that just as you take many TA indicators to make an informed decision there are also many variables or confirmations necessary to determine the strength of a trend in candles as well.

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