The Internet is full of technical analysis sites. The amount of information available from technical analysis sites is overwhelming. The major benefit of candlestick analysis is the ability to recognize high-profit technical analysis formations. The most outstanding facet of candlestick analysis is that the signals have been analyzed and proven. Not merely on a theoretical basis or back-tested under limited market conditions, but through hundreds of years of profitable utilization. Many technical analysis sites either provide general technical indicator information or they have come up with a newfangled blackbox technical trading program.

The Candlestick Forum is one of the few technical analysis sites that embraces other researched trading techniques. Candlestick signals work extremely well on their own. However, adding any other technical indicator in combination with candlestick signals improves the profitable trade ratio probabilities. In keeping with the educational motives of the Candlestick Forum, a constant search is being done to find technical analysis sites that complement candlestick signals.

One out of the leading educational technical analysis sites on the Internet is WallStreetTeachers. David Elliott is a highly regarded technical analyst. His extensive research for finding indicators that provide a high probability result is very well respected in the investment community. WallStreetTeachers.com is one of the exceptional technical analysis sites available to serious investors. David Elliott has produced easy-to-implement trading techniques that dramatically enhance investment performance. Through the past several years, David Elliott and Steve Bigalow have successfully integrated candlestick signals with David's programs.

Whether trading long-term or intraday trading, the combination of the techniques greatly improves investor performance. Especially for e-mini traders, the melding of candlestick signals with David Elliott's technical indicators have produced a highly successful trading program. This combination is utilized in the WallStreetTeachers training seminars throughout the nation. If you are interested in using candlestick signals with optimal results, The Candlestick Forum highly recommends the information available in the Wall Street teachers training CD programs. Click here for the WallStreetTeachers training CDs

Combining Patterns - Having the ability to identify candlestick signals as well as the candlestick patterns makes analyzing a chart relatively easy. In the example of the INPC chart, a number of candlestick analysis observations can be made. Once an investor understands the psychology incorporated into candlestick signals, exploiting high-profit potential becomes very easy. The INPC chart reveals a steady downtrend. Where to most investors sell? They usually panic-sell at the bottom. The gap down in late February after an extended downtrend reveals the final blowoff selling. The candle formation created on the gap-down also provides some valuable information. They opened that near the low end of the trading range and started bringing it back up. This is usually an indication that the panic selling was sopped up by the smart money.

       INPC

From that level, the uptrend has been obvious. The past three