Japanese Candleschticks are here to stay
March 15th, 2008 by admin
Some things are very old, and then become new again. Fashions change; automobile styles change; food preferences change, especially with new influxes of immigration. The candlesticks method of stock price presentation was invented in Japan centuries ago,in the rice trade, and over the past few decades have gained increasing prominence here in the United States. Likewise, every financial author, and every author of every persuasion for that matter, has his or her own specialty. Mine is the candles, and since they are my "thing" or "schtick," for the purpose of this note I will refer to them as Japanese Candleschticks . I know that’s not the preferred term, and probably a corruption of good usage; but for this moment I’m going to stick with it. The Candles are remarkable in their ability to forecast reversals of trend in the stock market, whether in stocks themselves, or in the indexes, or commodities, and in Forex. They work in all time frames. They are a delight to learn; and once you have done sone, you will never again look at stock charts the same way - or at investing itself, for that matter. Take the time and make the effort to learn the Candles. You will be well rewarded.