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View Poll Results: Which is more important, candlestick or chart pattern

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  • Candlestick

    81 72.32%
  • Chart Pattern

    31 27.68%
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Thread: Which is more important, candlestick or chart pattern?

  1. #1 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Default Which is more important, candlestick or chart pattern?

    OK. I want to know more about naked trading , I'm sure here many traders with naked trading styles , I wish to ask you,

    if the chart pattern, .. : Formation chart for so long that often miss the right moment

    if the candlestick. .. : its so many kinds, so that novice traders make trouble, how to read candlestick and sometimes less convincing

    Which is more important between the candlestick and chart pattern, and which ones are more powerful, choose one and give your reasons

    give your opinion and give your arguments here!
    Guys!!..Participate in MT5 contests at "Black Frame Talent" also give your vote

    come on! discuss and share your experience about naked trading in here


  2. #2 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    I think that the graph of the Japanese Candles is most important in the expression on the good condition of the market I personally used the candles to set a path of the currency in which I want to trade on the

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #3 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    both are important
    i always depend on candle to know the next movement
    and depend on patterns to enter long and short terms
    because after break patterns the price moves strongly
    personally both very important but candles are more important

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  4. #4 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Both cannot be ignored in forex exchange trading. This is because they all have their specific functions while we are trading with them. But i make reference to candlesticks more in my trading decisions.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #5 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Candlestick patterns are not weighted more than chart patterns. candlesticks only depict the tick action but price/chart patterns portray the direction of the accumulated ticks into a price stream ... as to where the sentiment of the market is leading to. I mean a doji can not always bring the same result that it is entitled with ... these are just additional confirmations for the peace of mind of the trader but a doji can also appear in the middle of the price action. So I will prefer to stick with chart pattern rather than with candlesticks.


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    For me, both have advantages. But I prefer to candlesticks as it is easy to analyze and quickly can result. At the same time, we can do scalping as long as the price does not affect the pivot line.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    I tried both but candlestick is much easier to follow and interpret even though I am not a master of all the patterns I can trade well with candlestick. But now am using Heiken Ashi in my ...much better than candlestick...
    Am still hibernating, will wake up one day, all depends on fate. Hope to see you all-soon! Miss you all friends!


  8. #8 You can automatically minimize the read posts in your account in the 'Forum Settings'
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    Quote Originally Posted by chidi     
    Both cannot be ignored in forex exchange trading. This is because they all have their specific functions while we are trading with them. But i make reference to candlesticks more in my trading decisions.
    It is true, the better we understand it the better ..
    I think we have to learn many things about forex and it will help us in trading ..

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    I like to use candlestick pattern since they are more reflective of the market sentiment, that is why more and more traders use candlestick chart, it work best if combine with western technicals

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by VIP     
    both are important
    i always depend on candle to know the next movement
    and depend on patterns to enter long and short terms
    because after break patterns the price moves strongly
    personally both very important but candles are more important
    well candles are important only on monthly or weekly or daily charts. but in smaller time chart i think pattrens formation is stronger signales .
    ***** AKBAR


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