Q1. What is the similarity of Candlesticks with the Bar chart? A. Both are based on the same data B. Both are based on the same formula C. The figures of both look same D. Both have same data, same formula and same figure Q2. What is the concept of the Japanese Candlestick? A. Read more about Quiz 4[…]
What is a Japanese Candlestick Candlestick charts are easier to interpret and therefore used by most of the traders and investors. Pictures of price action are very easy to understand because these are more visually appealing. Traders can very easily observe and compare the relationship existing between the opening and closing prices with high and Read more about Review of Step Four Forex Lesson[…]
Reversal Japanese Candlestick Patterns is a little hard to learn, A shift in the market psychology that can reverse a trend is termed as reversal. Technical analysts spend their time in finding those price clues that can be helpful and alert them of a possible price reversal. Reversal patterns are such technical price clues that Read more about Reversal Japanese Candlestick Patterns[…]
Engulfing Japanese Candlesticks Patterns discuss here, We know that there candlestick is the popular method used by the traders and the investors for charting prices in the Forex market. There is much more to learn about this Japanese concept. There are many types of Candlestick patterns that the traders and investors use for Forex Trading. Read more about Engulfing Japanese Candlesticks Patterns[…]
Japanese Candlestick Patterns are the most popular concept to study in Forex trading. Japanese Candlestick is so named because the concept of candlesticks was introduced in Japan. In the seventeenth century, the Japanese started doing technical analysis and they used this concept to trade in rice. The credit for development of Candlestick concept goes to Read more about Japanese Candlestick Patterns In Forex Trading[…]