Saturday, December 31, 2005

Candlesticks, Bamboo Sticks


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Originally uploaded by iiiink.
Currency trading using candlestick charts is similar to observing a bamboo thicket.
But without the serenity. A 30-minute candlestick chart sometimes gives a pattern like the picture. When it does, the market is consolidating quietly. But when the momentum shifts, one must act accordingly. King Kong may have entered your quiet grove.

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