What is candlestick ?

Quote:

---

Originally Posted by Chelsea91

the candlestick is an invention by the Japanese people who wanted to record the market movement in certain period of time with many details, the open price in this hour, the closing, the high and the low values because this help in analysis and predicting the next movement of the market

---

with Candil we can know a good trade for us kaoan us in and out and we know the movement of highs and lows that we can so that we can mempresiksi next market direction well

Candlestick is a method developed by Homma Munahesa in the 16th century in Japan. While the person who popularized the candlestick charts in the western world is Steven Nison. Candlestick chart shows the opening price, highest price, lowest price, and closing prices

candle pattern aik aisa pattern hai jo forex tarding business main sab se ziayda famous hai aur ye sab se ziyada use hota hai kiun kay is ko bohot asani se samjha ja saktha aur ye kafi easy chart hota hai.

traders will be more use canddlestick on the chart that they use because canddlestick be more easily understood by the trader than if we use a bar or linechart, and I will always use a stick canddle in trading ..

the only signifiant candle patterns you wish is that the hammer/shooting star and engulfing pattern. All the opposite patterns aren't extremely relevant to envision, and might be ignored in my opinion. They essentially indicate reversals, therefore escort lots of warning.

Candle stick is nothing but the market movement in a particular period. we have m1 , m15 m30 , h4, daily candle sticks each representing their own value. They show how market has move but at certain highs and lows candle sticks form particular formations which lead to signals.

well based on my opinion i think candle stick is the pattern on the trend and in other for all traders to get the best profit out of the market we just have to trade the candle stick and the more you candle stick pattern the more you get to understand the direction of the trend so candle stick is very useful based on the analysis

Quote:

---

Originally Posted by forexpips

candle stick is what type of signal in forex meta trader and how i read these signal and how i identify that market go up or market go down . their are many question about this and how we find when market go up or how we create a benefit from candle stick . i listen many place that very important of a candle in forex market.

---

It is not easy to read charts, require special skills to be able to read it. So far as I can see from the chart is from the news market. When the market is good, the graph will go up, and when the objec market is bad, grafikpun will go down. Maybe it's a little explanation from me, who knows beneficial to you. Greetings profit.

There have a long tutorial about candle stick that I got from a senior trader. That is too long to post here. if some one need that, I can send it by mail. the tutorial is very useful to understand the behavior of candle stick.

Thank you so much for teaching us Candle stick here,which is so important for us to learn.By watching the Candle stick,we can know the traders' mental changes.We acn know who has the strong power,the buyers or the sellers?This is what I have learned the candle stick.I think i still need to learn it.