Quote from: molsewid on Today at 08:04:48 PM

Quote from: coinmanhere on August 19, 2022, 04:27:59 AM

Ok so when i started with trading I try to learn so much about candlestick patterns but when i started looking at other traders on YouTube and even generally online I hardly see anyone even consider them while trading yeah they might look at color of candle but that's all. Specially those advance candlestick patterns like rising soldiers and all that, I don't even remember anyone even mention them once while trading or in any tutorial. So my question is for trading veterans here do they use it or is it really overrated thing which serve no purpose in real time trading?

It is not, people like me who are not yet skilled to read the chart still needed candlestick, most of the people who are new to trading uses candlestick, it is still good to use if you don't have any strategy for now, it is a good start to know since it will really help you for the close and open as well as if the chart is going to be overbought or not.

Even if you are already that professional or veteran on this market then you would really still need on using up candle stick since there's no other way or thing you would really be going but with reading up charts.

Just as been said that not most of the time we would really be seeing news and fundamentals around which you would be basing up your action with those calls but when market tends to be silent and having

no activity at all then you would really be surely ending up on looking with these candlestick patterns which i would say that it would really be that relevant
in doing so rather than on making pure guess when it comes to your trading position which wont really be that ideal on doing so.