A
doji candle looks innocent enough:

But look under the hood of that monster and what do you have? Chop!

Something to keep in mind (on all time frames) is that a Doji candle represents a trading range. In other words, there's nothing to trade (nothing "easy" anyway) within a trading range, there are better places for you money. This can be said of the
Doji cousins as well; the High Wave candle, Spinning Top, and the silly long-legged Doji.
No comments:
Post a Comment