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bgametxv97
09-02-2015,
I recently saw this Todd Mitchell video, which seemed really clear to me. I'd be really interested to hear your thoughts.

Bsmettyplats
09-04-2015,
I'd be interested in hearing some sort of response to this. As a newbie it's hard to know if one is on the right track given the deluge of data on technical analysis. Like I said, his logic seems sound but it's hard to know. Also, if Todd Mitchell's systems work so well, then why he's expending all his energy selling trading education?

Charlessani
09-05-2015,
Quote:
Originally Posted by asimpleplan View Post
. . .Also, if Todd Mitchell's systems work so well, then why he's expending all his energy selling trading education?
Hi asimpleplan,
That's a very good question - the answer to which you'll have to decide for yourself. If you're thinking of buying any of his products or services, I recommend that you check out this FAQ first: Can You Recommend a Mentor, Coach or Trading Course?

Regarding inside and outside candles - there's nothing wrong with them exactly and Todd Mitchell explains them well enough in the video. However, making money with them consistently is another matter entirely. They are quite bewitching and, certainly, I was transfixed by them for a very long time. However, I never managed to trade them profitably. Don't let that put you off though - as it's just my experience - yours may well be very different.

Personally, (again, this is just me), I'm not a fan or either bars or candlesticks and trying 'read' meaning into the various patterns they create. That's a cul-de-sac that I spent many years going down. The problem with them IMO is that intraday they are apt to confuse more than they are to enlighten. There's a long standing and well respected member who (after many years away) has just started this new thread: If You Can Draw A Straight Line (You Can Become A Successful Trader). In it, he's posted a free pdf to download in which he has this to say about the topic in hand . . .

In order to trade price effectively, one must first accept the continuous nature of the market, the continuity of price, the continuity of transactions, the continuity of the trading activity that results in those transactions. The market exists independently of you and of whatever you're using to impose a conceptual structure. It exists independently of your charts and your indicators and your bars. It couldn't care less if you use candles or bars or plot this or that line or select a 5m bar interval or 8 or 23 or weekly or monthly or even use charts at all. And while you may attach great importance to where and how a particular bar – or candle – closes, there is in fact no "close" during the market day, not until everybody turns out the lights and goes home, which doesn't happen until the end of the week with the NQ, ES, et al."

admin
06-04-2016,
I would say Copper Fox TSXV:CUU is an expert in copper and in British Columbia. At $0.20 Copper Fox has a market cap of about $80 million. They own 25% of Schaft Creek (Teck 75%). Teck is paying $60M for their 75% and incurring the cost to go to production. This BC project has about 1 billion pounds of copper with Moly and Gold, and similar grades to CXM's Eaglehead, even though CXM Eaglehead grades are understated.