I think that the candle stick is the chart in forex market. Candle stick shows the market movement as up and down in meta trader.
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I think that the candle stick is the chart in forex market. Candle stick shows the market movement as up and down in meta trader.
mostly traders es strategy ko samjh nh saktay hain ,es k0 samjhna easy bi nh hai .kyu k ya strategy buhat complicated hai .lakin agar hum hardworking sa kam kartay hain tu hum es ko achi tarha samjh saktay hain aur es sa acha paisa earn kar saktay hain.:)Quote:
Originally Posted by dareking
Learning charts traders can't survive without some measure of continuity. Memorializing through study and experience can help with this. In other words, the mastermind's institutional memory must be both written and carried person-to-person. Mastermind is important business and as new members come into the fold
trading on base candlestick is idea way for trading. if our money management is good then we can make profit. but in my view RSI is good indicator because many time trend change their direction near oversold and over bought level.
indeed candlestick is a form of bar most complete in my opinion, because the candlestick we can find the information needed, such as the highest price, lowest price, the opening price, closing price, not only that by using the patterns formed by candlestick then we can make the decision to open, you need to study it further.
You are saying right but i would like to say that when you are able to read the market chart than it is the best to open open your position according the market trend and the trend of market is cleared by reading the candle sticks.
cabdle sticks are used to know the market movement up or down when they are white they are mooving down ad when they are up the next move of trade will be up ward that's the use os candlesticks.
candle stick is a pattern of showing price on a chart such that the entire information becomes more easy to grasp due to it's high informational graphical representation, and also makes it easier to analyze price using the past few formations.
candalistic chart is good thing in trading you can easy to know about rate from candalistic chart white and green candal and red candal you can also chose white candal tells us that rate is down and green or red tells us that up trend .
Candlestick document behaviours stands out as the ancient together with old fashioned Japanese strategy to locate the ongoing expense. one can find numerous candle lights that contain their own personal great importance together with clearly show time, huge, ongoing expense together with shut down as well as being broad to review your decide one will need to professional it all to be familiar with the prevailing direction.