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Skate, you mentioned earlier today that you spent 3 months studying Japanese Candlesticks.

The Books
1. JAPANESE CANDLESTICK CHARTING TECHNIQUES "A Contemporary Guide to the Ancient Investment Techniques of the Far East" by STEVE NISON
2. PROFITABLE CANDLESTICK TRADING "Pinpointing Market Opportunities to Maximize Profits" by Stephen Bigalow

Training Course
A full 2 day training course with Steve Nison (podcast)

I wasted a lot of time reading
Many of the books that I have read have turned out to be of little value at all, so I just wasted my time, those two books above are included. Trading books take a great deal of concentration reading & more time consuming correlating the perceived important information & committing it to paper.

Captain, I hear what you say
1. "I'm not a fan of candlestick patterns in isolation but I disagree that trading can't be approached using scientific methods. There's no discretion at all using automated trading systems"
2. "Patterns can be coded and tested. Thomas Bulkowski's patternsite has a wealth of patterns he's tested. Most of my futures systems are built around tested and coded patterns"

From my perspective
Understanding candlestick patterns setups that work sometimes but not at other times didn't enrich my trading life.

I'll be answering the captains questions in a series of additional posts.

Skate.

<blockquote data-quote="Skate" data-source="post: 1010489" data-attributes="member: 57364">Skate, you mentioned earlier today that you spent 3 months studying Japanese Candlesticks.The Books1. JAPANESE CANDLESTICK CHARTING TECHNIQUES &quot;A Contemporary Guide to the Ancient Investment Techniques of the Far East&quot; by STEVE NISON2. PROFITABLE CANDLESTICK TRADING &quot;Pinpointing Market Opportunities to Maximize Profits&quot; by Stephen BigalowTraining CourseA full 2 day training course with Steve Nison (podcast)I wasted a lot of time readingMany of the books that I have read have turned out to be of little value at all, so I just wasted my time, those two books above are included. Trading books take a great deal of concentration reading &amp; more time consuming correlating the perceived important information &amp; committing it to paper.Captain, I hear what you say1. &quot;I&#039;m not a fan of candlestick patterns in isolation but I disagree that trading can&#039;t be approached using scientific methods. There&#039;s no discretion at all using automated trading systems&quot;2. &quot;Patterns can be coded and tested. Thomas Bulkowski&#039;s patternsite has a wealth of patterns he&#039;s tested. Most of my futures systems are built around tested and coded patterns&quot;From my perspectiveUnderstanding candlestick patterns setups that work sometimes but not at other times didn&#039;t enrich my trading life.I&#039;ll be answering the captains questions in a series of additional posts.Skate.</blockquote>

[QUOTE="Skate, post: 1010489, member: 57364"] [B]Skate, you mentioned earlier today that you spent 3 months studying Japanese Candlesticks.[/B] [B]The Books[/B] 1. JAPANESE CANDLESTICK CHARTING TECHNIQUES "A Contemporary Guide to the Ancient Investment Techniques of the Far East" by STEVE NISON 2. PROFITABLE CANDLESTICK TRADING "Pinpointing Market Opportunities to Maximize Profits" by Stephen Bigalow [B]Training Course[/B] A full 2 day training course with Steve Nison (podcast) [B]I wasted a lot of time reading[/B] Many of the books that I have read have turned out to be of little value at all, so I just wasted my time, those two books above are included. Trading books take a great deal of concentration reading & more time consuming correlating the perceived important information & committing it to paper. [B]Captain, I hear what you say[/B] [I]1. "I'm not a fan of candlestick patterns in isolation but I disagree that trading can't be approached using scientific methods. There's no discretion at all using automated trading systems" 2. "Patterns can be coded and tested. Thomas Bulkowski's patternsite has a wealth of patterns he's tested. Most of my futures systems are built around tested and coded patterns"[/I] [B]From my perspective[/B] Understanding candlestick patterns setups that work sometimes but not at other times didn't enrich my trading life. I'll be answering the captains questions in a series of additional posts. Skate. [/QUOTE]

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