Alan Solarsh combines Japanese candlestick patterns with moving averages, a method he traces to 400-year-old rice traders. He argues this approach predicts price moves earlier than Western tools like Fibonacci levels and head-and-shoulders patterns, which he calls lagging indicators.
I teach a proven strategy, a 400 year old proven strategy created and developed by the Japanese rice traders who are the most successful traders of all time. Most of you are using Western technology, which is Fibonacci levels. You're using double tops, triple bottoms, head and shoulders, using penance and flags and wedges and falling wedges and rising wedges. The Those strategies are 30 years old and they are lagging indicators. They are not predictive indicators. My strategy that I'm going to teach you, candlesticks together with moving averages, is a predictive strategy so you'll be able to predict the move before everybody else.
Double bottom forming - Gold ready for $4000 #trading #technicalanalysis #xauusd
