Who should use candle stick analysis? What is the role of volume in candlestick analysis?

[vijayakumar]

This is the oldest form of analysis.This seem to have stood the test of time.

This is meant for weekly traders and this is the best analysis in noticing the Trend reversal.

short time perspective of demand and supply is better understood in this pattern.

Volume is not mandatory but how ever it is necessary during the engulfing days.

[Pratheep Kumar]

A short term trader usely of 4 to 5 days can use candlestick analysis. The longer the body the pressure of selling or buying takes place.

short time perspective of demand and supply is better understood in this pattern.

[P Sushmitha]

This is meant for weekly traders as the reversal pattern is powerful.

Volume is not an important factor.

[Dinesh Theerthagiri]

Its for the short term traders…. Volume is really not that important here.

[Balaji]

It is useful for intra-day, weekly traders. volume is a very much important factor.

[Author]

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