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Hi Skip, You are right to return to papertrading until you understand the market better. If I were you, I'd buy the $49 Pattern Forecaster Plus software and run it on one of the free stock datafeeds. Because of the interactive nature of the teaching style, you will become knowledgable in the subtleties of the candle patterns in a relatively short time. This package focuses on the candles. Later, you might want to get one of the other programs. You can run it on FX data. The other programs also have a breakout system(G. Strubbe) designed for the FX. E-Signal data can be imported into the program, but it's expensive for this purpose. It's also possible to export Excel data into the program, if you want to do that. Nalgrim(Andrew) on this forum, has a program for this. In a week or two, Primate(on the PFP website) assured me they will make FOREX data available. Years ago, I met a partner in a Hong Kong FOREX brokerage, who only uses the MACD and candles. Even though I've gone full circle in my own system design and have ended up using the very same indicators, I feel I needed to make the journey of trying out a variety of indicators in order to really understand how they relate to price changes. I'd also recommend you research the characteristics of the MACD on the charts and in books, like The Visual Investor by John Murphy. Let me know if you have any more questions, Suzanne
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