WARNING:Some candlestick patterns pay a little more than others...

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Candlestick patterns have become the single most accurate means of identifying the ever obscure current state of price action .

By virtue of open, close, high, low and those relative to the previous bar candlestick charts are the best way for a trader to identify excellent trade opportunities.

Here is an example of the amount of data that can be gleaned from just one spot in time on candlestick charts...

Realize that a candlestick pattern is simply a means of reading data on the chart. Whether you trade forex, stocks, options or futures it is a superior tool for technical analysis.

Once you become familliar with the basic candlestick patterns you will quickly assimilate their meaning and easily interpret them.

The patterns are basically intuitive and the learning curve is small.

There comes a point where you will recognize market sentiment without even identifying a specific candlestick pattern.

No matter what system style or technique you may implement the fact is you will be that much more effective by making candlestick charts your tool of choice.

The alternatives or archaic to say the least, and downright ugly once you get used to using Japanese candlesticks.

Candlestick charts are the most widely used for of charting for good reason. With a little practice and help, it is actually the most intuitive process for understanding current and future price action.