Candlestick Charts

[PAVVY]

How to Read Candlestick Charts
Basic Candle Formation

A candlestick is composed of three parts; the upper shadow, lower shadow and body. The body is colored green or red. Each candlestick represents a segmented period of time. The candlestick data summarizes the executed trades during that specific period of time. For example a 5-minute candle represents 5 minutes of trades data. There are four data points in every candlestick: the open, high, low and close. The open is the very first trade for the specific period and the close is the very last trade for the period. The open and close is considered the body of the candle. The high is the highest priced trade and low is the lowest price trade for that period.

Candlestick Composition

The high is represents by a vertical line extending from the top of the body to the highest price called a shadow, tail or wick. The low of the candle is the lower shadow or tail, represented by a vertical line extending down from the body. If the close is higher than the open, then the body is colored green representing a net price gain. If the open is higher than the close, then the body is colored red as it represents a net price decline.

[PAVVY]

A candlestick chart (also called Japanese candlestick chart) is a style of financial chart used to describe price movements of a security, derivative, or currency. Each "candlestick" typically shows one day, thus a one-month chart may show the 20 trading days as 20 candlesticks.
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[Deepthinker]

candlestick chart is a picture of price movements that are running at that time, we can also perform analysis using these candle sticks, candle stick if too prolonged, then we could do a trade with the open position turned, because usually when a candle stick is bleak, then price will reverse direction, at least 10-20 pips.

[Shakir]

It is very usefull appreciatable and famous chart which is use by traders.
Candlestick chart is simple than other patterns in trading browsers.
You can seein this chart previous hourly movement of threads.

[sumerach]

Homma Munehisha is the founder of the candlestick chart.. he was known as the legendary trader.. some says that he have the biggest win roll in his time.

[sumerach]

Homma Munehisha is the founder of the candlestick chart.. he was known as the legendary trader.. some says that he have the biggest win roll in his time.. after that Steve Nison make it popular in western countries.. Now candlestick became one with every market like this.

[Shakir]

Candlestick chart is good and easy.
Every one can understand very easily make trade.
There is many ways to trade but i suggest you to select candlestick chart.

[Shakir]

Candlestick chart is a most useful famous and easy way to make trade in a view it looks very simple.
I always use it and suggest you to use this chart.

[sumerach]

Yes the candlestick chart is a very popular use by traders today and I thought this graph will always use the future to come. candlestick already described the State of the market entirely.

[Awais Khan]

yar candlestick boht he achi or best strategy ha lakin main na es strategy ko kabi be used nahi ka ha es laya to main abi trading main apna knolwege earned kar rha hoo us ka bad mai achi or best trading kar sakta hoon.....