Here’s the first nugget from Nisons Beyond Candlesticks book.

(It’s A BIBLE and my Hot favourite Book )

“A single candle by itself is rarely sufficient reason to forecast an immediate
reversal” (21)

When you cannot see the state of your opponent, you pretend to make a powerful attack to uncover the intention of the enemy. This concept, as related to trading, is one of the reasons a spring is so important. 57

In effect, these traders act like the aforementioned “moving shadow,” testing the battlefield by entering a large order to try and break support (or resistance). (more…)