Letters to S&C
HOW RELIABLE ARE CANDLESTICKS?
First, I want to compliment
you on your excellent
Next, I would like to
point out some faults in
“How Reliable Are Candlesticks?”,
which appeared in the November 2002
issue of STOCKS & COMMODITIES.
In the article, author Giovanni Maiani
uses definitions of candlestick signals
without validating how correct these
signals are. Remember, just because
candle signals are in a software package,
that does not necessarily make them