Quote:
Originally Posted by kolachi
Nayr,
Why to give money to opthalmologist to get your eyes checked. Just give these extra bucks to kolachi and he will teach you better trading . LOL
Apart from joke, you are right. Kolachi Method does not forbid us to use candlestick knowledge. Rather it is integral part of Kolachi Price Method and we call it KPA (kolachi price action) which is quite different from conventional price action but it certainly uses few important candle patterns.
In Kolachi Method, candle patterns will help you a lot on pullback entry. But it may not always work on all spots.
In addition to that KM uses many other tools like slopes, relative positions of other kolachi emas etc. In short KM is more than simple candlesticks patterns. Rather, KM is comlete astrology if we compare candles to stars. Astrology does use stars but stars by alone cant tell anything. You need to use constellations to understand something.
kolachi
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Thanks,i see now what you mean. Tried selling on eur/usd to test my theory last night,needless to say my efforts were in vain. I'm definately joining your forum cause Kolachi method works like a dream if you know what you're doing.
Thank you for your answers.