Over the last 9 years we have put in thousands of hours of research and development to refine our trading
methods. Our trading methods have been tried and are functioning successfully. They work for us hut we
cannot guarantee they will work for you. There are many trading systems available in the market, most of
them are mechanical and are based only on a combination of indicators, and although they make money
for traders, the number of successful trades varies between 35 and 75 percent. By understanding the
market sentiment and by using chart and candlestick patterns, losses can be minimized. W hat we attempt
to do in this book is to Uike trading methodologies to a higher level by using a combination of chart and
candlestick patterns with technical indicators. There is no single strategy that works successfully every
time. You need to use the strategy appropriate for the market conditions. The majority of die technical
indicators tellraders what has happened and are considered lagging indicators while chart and
candlestick patterns predict what will happen in the immediate future and can be considered as leading
indicators.