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It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford


Those who surrender freedom for security will not have, nor do they deserve, either one. Benjamin Franklin
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The idea that you know what is true is dangerous, for it keeps you imprisoned in the mind. It is when you do not know, that you are free to investigate. ~ Nisargadatta Maharaj

Thursday, 2 January 2014

This is a 2 day blended candle chart


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3 comments:

  1. Dojitrader2 January 2014 at 18:43

    I'm unfamiliar with a "blended" candlestick chart.
    My I trouble you for a quick explanation ?
    Thanks and a great 2014 to you and your trading ~~~

    ReplyDelete
  2. Chartrambler2 January 2014 at 19:13

    Hi its when you "blend" 2 or more candles into 1 and it is a valid technique (Nison talks about it) A weekly candle is effectively a blended 5 day candle
    Best to you in 2014 too !

    ReplyDelete
  3. Chartrambler2 January 2014 at 19:15

    there is a description here if you scroll down http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:introduction_to_cand

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