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Mervin,
Jack Schwagger's book on TA:
'Futures, An Introduction: Technical Analysis' contains some statistical
study (success rate) on Japanese Candlestick patterns. You can take a look.
Rajat
>From: Mervin Yeung <tinyeung@xxxxxxxx>
>To: Real Traders <realtraders@xxxxxxxxxxxx>
>Subject: Candlestick
>Date: Thu, 11 Nov 1999 20:23:47 -0800
>
>Hi RTs,
>
>I want to know if there is any RT who uses Japanese Candlestick patterns
>for trading purpose and is successful. I remember I read 2 or 3 books
>about candlestick (including Steve Nison's). However, I have not seen
>any statistical study on how they perform. (such as Evening Star,
>Hammer,... etc.)
>
>Japanese candlestick patterns often appear at turning points, especially
>hammers & shooting stars. I wonder why the name of a great trader is
>George Soros, not Yasuo Hamanaka.
>
>Mervin
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