In addition to Bar charts, traders have discovered the use and value of using Candlestick charts, candlevolume, equivolume, kagi, line, point and figure, renko and three line break. Each has benefits and drawbacks and a strong understanding of different graph plots should accompany personal trade development. On the graph below, we use candlestick displays because we find that it easily depicts current supply and demand changes and allows us to see the short trend by following the flow of candle bodies just prior and after a critical day signal. The Most recent Critical Days on the graph below are shown with Blue and Red dots. The blue dots , above or below the price plot, indicate successful critical days.
Red dots indicate failures.
A successful critical day indicates that the short trend did reverse, as expected by members, going into that period. To the right technical studies are examined in more detail. Click on any of the terms to take a closer look. In addition the candle sticks widen or are thinned as a measure of the volume recorded for that particular day. Candlevolume charts represent price and volume data in each candlestick.