Bobbygr wrote: That's an interesting/confusing comment since everything I've seen here is based on candlestick signals thus applied the same reasoning. It certainly begs the question "What do you use?" ...
My trade signals (entry signals) are not based upon Japanese Candlestick patterns. This fact is stated in the WRB Analysis free study guide.
In contrast, my trade signals are based upon "changes in volatility" via the Volatility Trading Report (VTR) @ http://www.thestrategylab.com/VolatilityTrading.htm
I only use Japanese Candlestick patterns in tutorial chapter 3 as an example of WRB Zones because Japanese Candlestick patterns are excellent for WRB Zones and a resource that anyone can look up on the internet for free. Thus, I'm a little confused by your statement that "everything I've seen here is based on candlestick signals" considering tutorial chapter 3 states its just for "example only" and you should be using your own trade signal strategies...whatever that may be.
Yet, in the new version (not yet released) of the WRB Analysis free study guide...I use other examples of trade signals as WRB Zones that's commonly known on the internet although I myself don't use them as trade signals such as flag patterns, double bottoms/tops, price moving averages, s/r breakouts and other commonly known chart patterns (e.g. wedges).
Regards,
M.A. Perry
http://www.thestrategylab.com
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