How Profitable Are Candlestick Strategies in Currency Trading?

EAC oil & gas

EAC is making higher high and higher low,MACD histogram is still negative but getting nerrow.

Average Volume (3 month)3:
1,160,490
Average Volume (10 day)3:
1,775,190
Shares Outstanding5:
53.30M
Float:
49.10M
% Held by Insiders1:
7.21%
% Held by Institutions1:
100.40%
Shares Short (as of 10-Jun-08)3:
4.79M
Short Ratio (as of 10-Jun-08)3:
4
Short % of Float (as of 10-Jun-08)3:
9.70%
Shares Short (prior month)3:
4.68M

AREX ,PBR two days later

PBR,AREX(Oil & Gas Drilling & Exploration)

Average Volume (3 month)3:
17,566,600
Average Volume (10 day)3:
14,871,200 (Not very good compare to AREX)
Shares Outstanding5:
4.39B
Float:
2.97B
% Held by Insiders1:
N/A
% Held by Institutions1:
24.70% (Not good compare to AREX)
Shares Short (as of 10-Jun-08)3:
23.84M
Short Ratio (as of 10-Jun-08)3:
1.4
Short % of Float (as of 10-Jun-08)3:
N/A
Shares Short (prior month)3:
26.78M

Share Statistics
Average Volume (3 month)3:
150,191
Average Volume (10 day)3:
291,156
Shares Outstanding5:
20.65M
Float:
N/A
% Held by Insiders1:
55.02%
% Held by Institutions1:
41.30%
Shares Short (as of 27-May-08)3:
508.73K
Short Ratio (as of 27-May-08)3:
6
Short % of Float (as of 27-May-08)3:
2.70%
Shares Short (prior month)3:
489.31K