SlideShare a Scribd company logo
1 of 28
Commodity News Reports

            By
 www.CandlestickForums.com
To successfully trade commodities,
 traders learn the basics of commodity
trading with classes like Commodity and
            Futures Training.




      www.CandlestickForums.com
As part of a successful trading strategy
   for commodities, traders follow
      commodity news reports.




      www.CandlestickForums.com
There are many places to find
commodity news reports. These include
  print media such as the Wall Street
               Journal,




      www.CandlestickForums.com
the online business news media such as
  Bloomberg, Yahoo Finance, Google
 News, and the like, and propriety news
media affiliated with commodity dealers
        and commodity brokers.



      www.CandlestickForums.com
Much of what comprises news about
   commodities comes from following
trading on the NYMEX or official reports
     such as the US Department of
Agriculture Daily National Grain Market
               Summary.


      www.CandlestickForums.com
Commodity news reports ideally contain
  hard data first of all and reasoned
          analysis second.




      www.CandlestickForums.com
The hard data of commodity news
 reports can be used for fundamental
analysis of the commodity in question.




      www.CandlestickForums.com
Opinions of commodities analysts may
be useful in directing the trader where
to focus his or her technical analysis of
        commodities markets.




      www.CandlestickForums.com
The type of information in commodity
 news reports typically has to do with
   issues of commodity supply and
               demand.




     www.CandlestickForums.com
Useful analysis will be that which gives
insight into supply and demand issues.




      www.CandlestickForums.com
For example, a drought in Europe and
  Asia is drastically reducing wheat
  production and driving up prices
              worldwide.




     www.CandlestickForums.com
The fact that the drought is continuing
towards the fall tells us that the winter
 wheat crop to be planted this fall will
           also be affected.




      www.CandlestickForums.com
Thus, even if there is snow this winter in
 the Russian Steppes and good spring
 rains the wheat crop will still be poor
                next year.




       www.CandlestickForums.com
The next set of facts a trader will want to
  see is reports of how much wheat is
   planted in the Dakotas, Nebraska,
  Kansas, Manitoba, and so forth, this
               coming fall.



       www.CandlestickForums.com
Fundamental commodity analysis starts
    with commodity news reports.




      www.CandlestickForums.com
The timing of fundamental information
 about commodities from commodity
      news reports is important.




      www.CandlestickForums.com
To the extent that a trader gets the news
       first he can trade the news.




       www.CandlestickForums.com
For example, news of strikes in gold
mines in South Africa will affect gold
              futures.




     www.CandlestickForums.com
Those who catch the news first will
typically be able to successfully trade a
   jump in the price of gold futures.




      www.CandlestickForums.com
Even those who don't get in on the news
   early and can't trade the initial price
 jump will need to know what made the
  market change in order to successfully
 read subsequent gold commodity price
    movement and commodity price
                reversals.


       www.CandlestickForums.com
Even though successful technical traders
 know that eventually all fundamental
information is factored into commodity
prices the more they understand what is
driving the market the more successfully
             they can trade.


       www.CandlestickForums.com
Rice traders in ancient Japan knew about
 the factors that influenced the price of
                   rice.




       www.CandlestickForums.com
It was the addition of Candlestick
analysis and Candlestick trading tactics
on top of a fundamental understanding
    of the market that led to profits




      www.CandlestickForums.com
It is important for a commodity trader to
  understand commodity news reports,
both what is written and what is left out.




       www.CandlestickForums.com
To the extent that a commodity broker is
trying to gain customers there may be a
          slant to their reports.




       www.CandlestickForums.com
The ability of a trader to do their own
 fundamental and technical analysis will
be protection against bad trading advice.




       www.CandlestickForums.com
Traders who follow the news, learn how
 to recognize a Candlestick pattern and
 follow Candlestick pattern formations
   will typically prosper more so than
others because of their critical thinking
     and diligent attention to detail.


       www.CandlestickForums.com

More Related Content

Viewers also liked

Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
water-decade
 
MSF ITC Strat Plan - Executive summary v11
MSF ITC Strat Plan - Executive summary v11MSF ITC Strat Plan - Executive summary v11
MSF ITC Strat Plan - Executive summary v11
Joan Lluis
 
Forward trading and inventory management in agribusiness
Forward trading and inventory management in agribusinessForward trading and inventory management in agribusiness
Forward trading and inventory management in agribusiness
sihantpalai
 
Commodity risk management and hedging framework of industrial portfolios
Commodity risk management and hedging framework of industrial portfoliosCommodity risk management and hedging framework of industrial portfolios
Commodity risk management and hedging framework of industrial portfolios
Enel S.p.A.
 
Trading Futures Options
Trading Futures OptionsTrading Futures Options
Trading Futures Options
InvestingTips
 

Viewers also liked (18)

Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
Presentation Hanna Leckie, OECD, 15th January UN Water Zaragoza Conference 2015
 
MSF ITC Strat Plan - Executive summary v11
MSF ITC Strat Plan - Executive summary v11MSF ITC Strat Plan - Executive summary v11
MSF ITC Strat Plan - Executive summary v11
 
Forward trading and inventory management in agribusiness
Forward trading and inventory management in agribusinessForward trading and inventory management in agribusiness
Forward trading and inventory management in agribusiness
 
Commodity risk management
Commodity risk managementCommodity risk management
Commodity risk management
 
Commodity risk management and hedging framework of industrial portfolios
Commodity risk management and hedging framework of industrial portfoliosCommodity risk management and hedging framework of industrial portfolios
Commodity risk management and hedging framework of industrial portfolios
 
Finance research report
Finance research reportFinance research report
Finance research report
 
Trading Futures Options
Trading Futures OptionsTrading Futures Options
Trading Futures Options
 
fundamental & technical analysis of selected commodities
fundamental & technical analysis of selected commoditiesfundamental & technical analysis of selected commodities
fundamental & technical analysis of selected commodities
 
0601054 commodity market
0601054 commodity market0601054 commodity market
0601054 commodity market
 
30219214 comparative-analysis-of-investment-avenues
30219214 comparative-analysis-of-investment-avenues30219214 comparative-analysis-of-investment-avenues
30219214 comparative-analysis-of-investment-avenues
 
Corporate Risk Mngmnt-commodity Hedging
Corporate Risk Mngmnt-commodity HedgingCorporate Risk Mngmnt-commodity Hedging
Corporate Risk Mngmnt-commodity Hedging
 
Warehouse Receipt and Collateral Management
Warehouse Receipt and Collateral ManagementWarehouse Receipt and Collateral Management
Warehouse Receipt and Collateral Management
 
ITC - Marketing Management
ITC - Marketing ManagementITC - Marketing Management
ITC - Marketing Management
 
Itc Ltd
Itc LtdItc Ltd
Itc Ltd
 
Key concept of marketing management
Key concept of marketing  managementKey concept of marketing  management
Key concept of marketing management
 
Commodity derivatives
Commodity derivativesCommodity derivatives
Commodity derivatives
 
MBA PROJECT vtu
MBA PROJECT vtu MBA PROJECT vtu
MBA PROJECT vtu
 
"A STUDY ON COMMODITY MARKET"
"A STUDY ON COMMODITY MARKET""A STUDY ON COMMODITY MARKET"
"A STUDY ON COMMODITY MARKET"
 

Similar to Commodity News Reports

Winning With Commodities
Winning With CommoditiesWinning With Commodities
Winning With Commodities
InvestingTips
 
Commodities Research
Commodities ResearchCommodities Research
Commodities Research
InvestingTips
 
Commodity Price Breakout
Commodity Price BreakoutCommodity Price Breakout
Commodity Price Breakout
InvestingTips
 
Agricultural Commodities
Agricultural CommoditiesAgricultural Commodities
Agricultural Commodities
InvestingTips
 
Commodity Price Trends
Commodity Price TrendsCommodity Price Trends
Commodity Price Trends
InvestingTips
 
Commodity Market History
Commodity Market HistoryCommodity Market History
Commodity Market History
InvestingTips
 
Purchase Commodities
Purchase CommoditiesPurchase Commodities
Purchase Commodities
InvestingTips
 
Successful Commodities Trading
Successful Commodities TradingSuccessful Commodities Trading
Successful Commodities Trading
InvestingTips
 
Commodity Trading Signals
Commodity Trading SignalsCommodity Trading Signals
Commodity Trading Signals
InvestingTips
 
Market Commodities
Market CommoditiesMarket Commodities
Market Commodities
InvestingTips
 
Sell Commodity Futures
Sell Commodity FuturesSell Commodity Futures
Sell Commodity Futures
InvestingTips
 
Trading Oil Stocks
Trading Oil StocksTrading Oil Stocks
Trading Oil Stocks
InvestingTips
 
Traded Commodities
Traded CommoditiesTraded Commodities
Traded Commodities
InvestingTips
 
Profitable Commodities Trader
Profitable Commodities TraderProfitable Commodities Trader
Profitable Commodities Trader
InvestingTips
 

Similar to Commodity News Reports (20)

Winning With Commodities
Winning With CommoditiesWinning With Commodities
Winning With Commodities
 
Commodities Research
Commodities ResearchCommodities Research
Commodities Research
 
Commodity Price Breakout
Commodity Price BreakoutCommodity Price Breakout
Commodity Price Breakout
 
Agricultural Commodities
Agricultural CommoditiesAgricultural Commodities
Agricultural Commodities
 
Fundamentals of Trading Commodities
Fundamentals of Trading CommoditiesFundamentals of Trading Commodities
Fundamentals of Trading Commodities
 
Basics of Commodity Trading
Basics of Commodity TradingBasics of Commodity Trading
Basics of Commodity Trading
 
Hedging commodities
Hedging commoditiesHedging commodities
Hedging commodities
 
Commodity Price Trends
Commodity Price TrendsCommodity Price Trends
Commodity Price Trends
 
Commodity Market History
Commodity Market HistoryCommodity Market History
Commodity Market History
 
Purchase Commodities
Purchase CommoditiesPurchase Commodities
Purchase Commodities
 
Commodity Price Patterns
Commodity Price PatternsCommodity Price Patterns
Commodity Price Patterns
 
Successful Commodities Trading
Successful Commodities TradingSuccessful Commodities Trading
Successful Commodities Trading
 
Commodity Trading Signals
Commodity Trading SignalsCommodity Trading Signals
Commodity Trading Signals
 
Futures Analysis
Futures AnalysisFutures Analysis
Futures Analysis
 
Market Commodities
Market CommoditiesMarket Commodities
Market Commodities
 
Sell Commodity Futures
Sell Commodity FuturesSell Commodity Futures
Sell Commodity Futures
 
The Stock Market Essay
The Stock Market EssayThe Stock Market Essay
The Stock Market Essay
 
Trading Oil Stocks
Trading Oil StocksTrading Oil Stocks
Trading Oil Stocks
 
Traded Commodities
Traded CommoditiesTraded Commodities
Traded Commodities
 
Profitable Commodities Trader
Profitable Commodities TraderProfitable Commodities Trader
Profitable Commodities Trader
 

More from InvestingTips

More from InvestingTips (20)

When to Buy and When to Sell Bitcoin
When to Buy and When to Sell BitcoinWhen to Buy and When to Sell Bitcoin
When to Buy and When to Sell Bitcoin
 
Dangers of Investment Leverage
Dangers of Investment LeverageDangers of Investment Leverage
Dangers of Investment Leverage
 
Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?Are Private Digital Tokens On Their Way Out?
Are Private Digital Tokens On Their Way Out?
 
When Should Investors Trade Options?
When Should Investors Trade Options?When Should Investors Trade Options?
When Should Investors Trade Options?
 
Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?Will Northrup Grumman Go Into Commercial Aviation?
Will Northrup Grumman Go Into Commercial Aviation?
 
How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?How Would a Crypto Privacy Pool Work?
How Would a Crypto Privacy Pool Work?
 
How CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto BusinessHow CFTC Rules Protected a Crypto Business
How CFTC Rules Protected a Crypto Business
 
Blockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto WinterBlockchain Tech in the Wake of Crypto Winter
Blockchain Tech in the Wake of Crypto Winter
 
Economic and Investment Risks for 2024
Economic and Investment Risks for 2024Economic and Investment Risks for 2024
Economic and Investment Risks for 2024
 
Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?Can Stablecoins Be Self-regulating?
Can Stablecoins Be Self-regulating?
 
Bitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term InvestmentBitcoin Viability As a Long Term Investment
Bitcoin Viability As a Long Term Investment
 
Bitcoin Versus NFTs
Bitcoin Versus NFTsBitcoin Versus NFTs
Bitcoin Versus NFTs
 
Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?Would a Digital Dollar Hurt Banks?
Would a Digital Dollar Hurt Banks?
 
Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?Will 2024 Be a Good Year for Crypto?
Will 2024 Be a Good Year for Crypto?
 
Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?Should You Diversify Your Crypto Investments?
Should You Diversify Your Crypto Investments?
 
Obligations of a Crypto Business
Obligations of a Crypto BusinessObligations of a Crypto Business
Obligations of a Crypto Business
 
Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?Does Crypto Finance Terrorism?
Does Crypto Finance Terrorism?
 
Are Smart Contracts Legal?
Are Smart Contracts Legal?Are Smart Contracts Legal?
Are Smart Contracts Legal?
 
Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?Can the Law Fix Crypto’s Problems?
Can the Law Fix Crypto’s Problems?
 
Apple as a Model for Crypto’s Future
Apple as a Model for Crypto’s FutureApple as a Model for Crypto’s Future
Apple as a Model for Crypto’s Future
 

Recently uploaded

PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
Faga1939
 
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatóriosR$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
Maurílio Júnior
 

Recently uploaded (20)

23052024_First India Newspaper Jaipur.pdf
23052024_First India Newspaper Jaipur.pdf23052024_First India Newspaper Jaipur.pdf
23052024_First India Newspaper Jaipur.pdf
 
Embed-4-3 (1).pdf cvxx'f['df[p'lf][l][fl][fl][][l[
Embed-4-3 (1).pdf cvxx'f['df[p'lf][l][fl][fl][][l[Embed-4-3 (1).pdf cvxx'f['df[p'lf][l][fl][fl][][l[
Embed-4-3 (1).pdf cvxx'f['df[p'lf][l][fl][fl][][l[
 
Nika Muhl Visa Approval Shirt, Nika Muhl Visa Approval T-Shirt
Nika Muhl Visa Approval Shirt, Nika Muhl Visa Approval T-ShirtNika Muhl Visa Approval Shirt, Nika Muhl Visa Approval T-Shirt
Nika Muhl Visa Approval Shirt, Nika Muhl Visa Approval T-Shirt
 
24052024_First India Newspaper Jaipur.pdf
24052024_First India Newspaper Jaipur.pdf24052024_First India Newspaper Jaipur.pdf
24052024_First India Newspaper Jaipur.pdf
 
Embed-3-1-1.pdf The ECI direction on April 2, 2024 can be read here:
Embed-3-1-1.pdf  The ECI direction on April 2, 2024 can be read here:Embed-3-1-1.pdf  The ECI direction on April 2, 2024 can be read here:
Embed-3-1-1.pdf The ECI direction on April 2, 2024 can be read here:
 
PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
PEACE BETWEEN ISRAEL AND PALESTINE REQUIRES EXTREMISTS OUT OF POWER AND RESTR...
 
20052024_First India Newspaper Jaipur.pdf
20052024_First India Newspaper Jaipur.pdf20052024_First India Newspaper Jaipur.pdf
20052024_First India Newspaper Jaipur.pdf
 
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatóriosR$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
R$ 78 milhões: Estado aprova 593 propostas para acordos diretos de precatórios
 
25052024_First India Newspaper Jaipur.pdf
25052024_First India Newspaper Jaipur.pdf25052024_First India Newspaper Jaipur.pdf
25052024_First India Newspaper Jaipur.pdf
 
2024 - Love and Madness - a book about love, madness, heartbreak and politics
2024 - Love and Madness - a book about love, madness, heartbreak and politics2024 - Love and Madness - a book about love, madness, heartbreak and politics
2024 - Love and Madness - a book about love, madness, heartbreak and politics
 
israeil_bnetaniahou_panel_report_eng.pdf
israeil_bnetaniahou_panel_report_eng.pdfisraeil_bnetaniahou_panel_report_eng.pdf
israeil_bnetaniahou_panel_report_eng.pdf
 
Minnesota Timberwolves Bring Ya Ass T Shirt
Minnesota Timberwolves Bring Ya Ass T ShirtMinnesota Timberwolves Bring Ya Ass T Shirt
Minnesota Timberwolves Bring Ya Ass T Shirt
 
May 2024 - Crypto Market Report_FINAL.pdf
May 2024 - Crypto Market Report_FINAL.pdfMay 2024 - Crypto Market Report_FINAL.pdf
May 2024 - Crypto Market Report_FINAL.pdf
 
Encore portal Project PPt on live portal
Encore portal Project PPt on live portalEncore portal Project PPt on live portal
Encore portal Project PPt on live portal
 
Embed-4-1-1.pdf vm ;sdkp[kdp[kpdkpodp;p;j
Embed-4-1-1.pdf vm ;sdkp[kdp[kpdkpodp;p;jEmbed-4-1-1.pdf vm ;sdkp[kdp[kpdkpodp;p;j
Embed-4-1-1.pdf vm ;sdkp[kdp[kpdkpodp;p;j
 
21052024_First India Newspaper Jaipur.pdf
21052024_First India Newspaper Jaipur.pdf21052024_First India Newspaper Jaipur.pdf
21052024_First India Newspaper Jaipur.pdf
 
Dominican American Coalition PAC Executive Summary
Dominican American Coalition PAC Executive SummaryDominican American Coalition PAC Executive Summary
Dominican American Coalition PAC Executive Summary
 
Have A Complimentary Cheat Sheet, On Us!!!
Have A Complimentary Cheat Sheet, On Us!!!Have A Complimentary Cheat Sheet, On Us!!!
Have A Complimentary Cheat Sheet, On Us!!!
 
19052024_First India Newspaper Jaipur.pdf
19052024_First India Newspaper Jaipur.pdf19052024_First India Newspaper Jaipur.pdf
19052024_First India Newspaper Jaipur.pdf
 
Meta_AI_ads_investigation.pdfldoljjwejolejolol
Meta_AI_ads_investigation.pdfldoljjwejolejololMeta_AI_ads_investigation.pdfldoljjwejolejolol
Meta_AI_ads_investigation.pdfldoljjwejolejolol
 

Commodity News Reports

  • 1. Commodity News Reports By www.CandlestickForums.com
  • 2. To successfully trade commodities, traders learn the basics of commodity trading with classes like Commodity and Futures Training. www.CandlestickForums.com
  • 3. As part of a successful trading strategy for commodities, traders follow commodity news reports. www.CandlestickForums.com
  • 4. There are many places to find commodity news reports. These include print media such as the Wall Street Journal, www.CandlestickForums.com
  • 5. the online business news media such as Bloomberg, Yahoo Finance, Google News, and the like, and propriety news media affiliated with commodity dealers and commodity brokers. www.CandlestickForums.com
  • 6. Much of what comprises news about commodities comes from following trading on the NYMEX or official reports such as the US Department of Agriculture Daily National Grain Market Summary. www.CandlestickForums.com
  • 7. Commodity news reports ideally contain hard data first of all and reasoned analysis second. www.CandlestickForums.com
  • 8. The hard data of commodity news reports can be used for fundamental analysis of the commodity in question. www.CandlestickForums.com
  • 9. Opinions of commodities analysts may be useful in directing the trader where to focus his or her technical analysis of commodities markets. www.CandlestickForums.com
  • 10. The type of information in commodity news reports typically has to do with issues of commodity supply and demand. www.CandlestickForums.com
  • 11. Useful analysis will be that which gives insight into supply and demand issues. www.CandlestickForums.com
  • 12. For example, a drought in Europe and Asia is drastically reducing wheat production and driving up prices worldwide. www.CandlestickForums.com
  • 13. The fact that the drought is continuing towards the fall tells us that the winter wheat crop to be planted this fall will also be affected. www.CandlestickForums.com
  • 14. Thus, even if there is snow this winter in the Russian Steppes and good spring rains the wheat crop will still be poor next year. www.CandlestickForums.com
  • 15. The next set of facts a trader will want to see is reports of how much wheat is planted in the Dakotas, Nebraska, Kansas, Manitoba, and so forth, this coming fall. www.CandlestickForums.com
  • 16. Fundamental commodity analysis starts with commodity news reports. www.CandlestickForums.com
  • 17. The timing of fundamental information about commodities from commodity news reports is important. www.CandlestickForums.com
  • 18. To the extent that a trader gets the news first he can trade the news. www.CandlestickForums.com
  • 19. For example, news of strikes in gold mines in South Africa will affect gold futures. www.CandlestickForums.com
  • 20. Those who catch the news first will typically be able to successfully trade a jump in the price of gold futures. www.CandlestickForums.com
  • 21. Even those who don't get in on the news early and can't trade the initial price jump will need to know what made the market change in order to successfully read subsequent gold commodity price movement and commodity price reversals. www.CandlestickForums.com
  • 22. Even though successful technical traders know that eventually all fundamental information is factored into commodity prices the more they understand what is driving the market the more successfully they can trade. www.CandlestickForums.com
  • 23. Rice traders in ancient Japan knew about the factors that influenced the price of rice. www.CandlestickForums.com
  • 24. It was the addition of Candlestick analysis and Candlestick trading tactics on top of a fundamental understanding of the market that led to profits www.CandlestickForums.com
  • 25. It is important for a commodity trader to understand commodity news reports, both what is written and what is left out. www.CandlestickForums.com
  • 26. To the extent that a commodity broker is trying to gain customers there may be a slant to their reports. www.CandlestickForums.com
  • 27. The ability of a trader to do their own fundamental and technical analysis will be protection against bad trading advice. www.CandlestickForums.com
  • 28. Traders who follow the news, learn how to recognize a Candlestick pattern and follow Candlestick pattern formations will typically prosper more so than others because of their critical thinking and diligent attention to detail. www.CandlestickForums.com