buy signal, page-4

I am no great chartist, but have followed Aussie bulls for a while, and find it useful. Candlestick charting like so many other techniques is quite intensive with many patterns and subsequent probabilities assigned to them. Using this site allows you to get an incite into these and adds another weapon to your arsenal. The type of volume involved in the development of these candlestick patterns should also be considered. For instance the engulfing type pattern that formed on Friday on very small volume would not be as important an indicator in my humble opinion, though if it occurred on good volume then it might be so.

Again I am only a novice, I encourage you to do your own research.

Cheers

A Long suffering but still hopeful MNM holder