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The Japanese Three Line Break chart & trading system (TLB)

 - an excerpt -

   TLB charts originated in the early days of the markets being traded in Japan, some 300+ years ago. 
   To see a 5-minute TLB chart, click here; to see a daily TLB chart, click here.

   While the Japanese Candlestick charts have been fully integrated into the Western financial speculations of the last decade, the TLB hasn’t. A possible cause for this is the fact that the candlesticks can be utilized on any trading time frame, from the shortest one to the longest, whereas the TLB seems to be more useful to the intermediate-term and long-term investor.
   Another possible cause is the fact that the TLB incorporates elements of contrarian thinking, something that makes it somewhat harder to grasp and execute than the more popular straightforward approaches available in this day and age.
  
For more than 100 years since its inception, the TLB chart got better and better: it fought and defeated extinction. It is as lively with fresh ideas today as it has always been and it is ready again to serve the computerized traders the way it served the Masters and everybody else in the past!
   The TLB’s purpose now is to remind us that if we are to be successful in the markets, training ourselves to trade for the fast results of the short term can be done without ignoring the long-term potential! …

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