My advice would be to use line charts, unless you are interested in intraday data - in which case candlesticks are the way to go in my opinion.
I'm a bit surprised by this
Candlesticks can be very informative.
there is a whole encyclopaedia on candlesticks and how to interpret them.
I'm currently playing this bullish hammer from yesterday AUD/USD
07-07-2009, 05:38 PM
STRAT
Quote:
Originally Posted by wbosher
Can't wait...;)
Would you buy the next day after a close above resistance, or as soon as it is breached on the same day?
Just a wild guess, Fender man? :D
Probably not. Im a bit of a snail and like a few more ducks in a row. Usually my impulsive bolt out of the gate buys are based on a good FA story rather than day Trader style TA.
07-07-2009, 05:46 PM
STRAT
Quote:
Originally Posted by Phaedrus
Strat, I think this is a function of chart size. With very small charts data points are often forced to jump pixels and at the micro level things can look OK but blown up to full size the picture may appear a little different. I can't see any obvious data discrepancies.
Mmm OK , thanks Phaedrus. Dunno:confused:
Share Trader shrinks my charts. Vicky has had a couple of goes at fixing it to no avail.They are full size on my screen.
07-07-2009, 11:16 PM
wbosher
Quote:
Originally Posted by STRAT
Mmm OK , thanks Phaedrus. Dunno:confused:
Share Trader shrinks my charts. Vicky has had a couple of goes at fixing it to no avail.They are full size on my screen.