InvestorsHub Logo
icon url

Sparks111111

05/04/14 9:51 PM

#3559 RE: braised007 #3558


There is only one candlestick book you'll ever need

But with experience, support and resistance, wedges etc...will all start to "pop" out at you....it can be overwhelming at first...but it's an art and in a few months, you'll start to "see"

http://www.amazon.com/Japanese-Candlestick-Charting-Techniques-Edition/dp/0735201811
icon url

Techamental Logic

05/05/14 8:49 AM

#3569 RE: braised007 #3558

Gold's High of Day looks to coincide with the opening of the US markets! That is very bullish for gold especially since US market futures (DOW, NASDAQ and S&P) are all up as well.

Prepare for a gold breakout!

Charting isn't my thing either. Friends have helped me more than anything however the greatest asset I've found online is Chart This! The link below is the the latest and below the video on that page are links to almost two full years worth!

http://www.kitco.com/news/video/show/Chart-This/649/2014-05-02/Gold-Up-On-Friday-A-Sustained-Rally---Chart-This

I found this amazing helpful because while charting isn't my thing...gold is. Seeing charting explained using something I know as well as I know gold was a boon which as Sparks111111 alluded to allowed me to "see" it. Gary Wagner, the expert in the videos, is also a big fan of the Japanese candlestick charting pattern. Here are a couple more links to fast track your learning on that.

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand

http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:candlestick_pattern_