Why You Should Use Western Technicals with Candlesticks
By Steve Nison   
June 23, 2011

Using candlesticks can give you a good indication as to when a market will be reversing or continuing on with its trend, but we should not discount the impact that western technicals can have in helping to reinforce what the candlesticks are showing us. Let's look at an example of a shooting star candle and what the western technicals are also showing us at that moment.

For more from Steve on Candlestick Charting, visit Nison Candle Sticks.



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Futures, options, and spot currency trading have large potential risk and traders should be well-educated before putting real money at risk. You must be aware of the risks and willing to accept them in order to invest in all markets. Risk capital is money that can be lost without jeopardizing ones financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. This website is neither a solicitation nor an offer to buy/sell a futures contract or currency.