Candlestick Charts

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Originally Posted by topon

The candlestick techniques we use today originated in the style of technical charting used by the Japanese for over 100 years before the West developed the bar and point-and-figure analysis systems. In the 1700s, a Japanese man named Homma, a trader in the futures market, discovered that, although there was a link between price and the supply and demand of rice, the markets were strongly influenced by the emotions of traders. He understood that when emotions played into the equation, a vast difference between the value and the price of rice occurred. This difference between the value and the price is as applicable to stocks today as it was to rice in Japan centuries ago. The principles established by Homma are the basis for the candlestick chart analysis, which is used to measure market emotions surrounding a stock.

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I have read this history before it quite interesting. It is really amazing that rice got a relation with everything. Thanks.

Candle stick chart is main for forex trading. It is importent for forex tradeing. Never trade withoughth candlestick. So it is firs thing to trade forex.

Thanks for sharing such informative posts. It is really good thread and providing very helpful information for newbies. But i think you can add much more about Candle Stick Charts here for viewers and learners. Can you please provide me some help on Candlestick Patterns. I want know more details about it.

There are many more candle stick patterns. Thank s a lot that you started this thread with one good example. I am looking forward to others to share more patterns on this thread that we can keep having look at them and learn more.

Good article but i think i have a web address where trader can get information about various candle stick pattern and it is www.onlinetradingconcepts.com, here trader will get how much candle can be occure in this market with their details with the character sticks.

There are two kinds of candlesticks: real body candlesticks and no real body candlesticks (also called as Doji). Candlesticks display a lot of information about the psychology of the traders trading that particular stock in that particular time frame. You can see the struggle between the bulls and bears and what the out come was. Based on this struggle and the recent history leading up to the pattern you are looking at, it is possible to some times predict accurately what the next price move might be.

Not only just in forex.. I saw that in every share market, Future market.. every trader using candlestick chart on their trading.. not only because its easy to work with but because its profitable.. With mastering the patterns and formations, anyone can trade profitably even without having any help form other tools..

According to me candle sticks are very good chart it can helps to understand current market position it is very helpful in different analysis. You can make it more efficient if you use moving average indicator with candle sticks.

well based on my opinion i really think the candle stick pattern really helps to know the next decision of the trend but not all candle stick react immediately based on my opinion i think we may find a little bit delay in come candle stick reaction so we realy need to know and understand the meaning of each candle

Candlestick charts ko use karke hum tarding ko simple bana sakte hain. Kyunki is se achi tarah se market ke baare me jaan sakte hain. Hame candlestick charts pura clearly market ke baare me show kar deta hai. Jis se tarding karne me easy hota hai. Mai starting se hi candlestick charts use kar raha hun.

i think the chart of candle stick is the best chart because the candle very easy to explain the market good and make you know who is push the market toward him and make over bought or over sell so we can easily take the direction of the strong direction

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Originally Posted by hanna

I think Japanis candlestick is the one kind of indicator.If we can learn about candlestick then we can catch 10% market.Because some time we see the candlestick to guess the market situation.
So this is very important for the trader

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Candlestik pattern is my favorite analysis for me. I am always using H4 time frame for my strategy before I am make order in market. With H4 time frame, market movement is not noisy

yes i think we can use the candle stick for trading as a strategy various trader do use candle stick to do trade in this market, by watching the previous history of the market we can trade with candle stick......

Candlesticks Chart Patterns is most commonly used chart pattern used in forex trading because it provide more details(High, Open, Low & Close) than line or bar chart patterns, a good understanding of its different formation patterns would really be helpful in trading the forex market.

forex candlestick provides a large advantage for traders
because it contains a unique visual dimension that enables traders to very easily
spot the force of price movement that each time period contained.

I always use candlestick with Resistance & Support lines in my trading because it is more easy to understand, it called Japanese candle stick, now candle stick chart is more popular in Forex trading because a trader can easily analysis the market by using it. More than 90% trader user use this chart.

candle stick charts are much better to trade and many trader's strategies are based on candle sticks, especially candle stick patterns are very important in trading. most of the traders do follow that to examine the market movements

Candlestick chart has blessed the traders. Chandlestick chart patterns helps us in trading decetion making.

Candlestick charting is great for traders wanting an extra edge in their quest for profits - this is due to the way the candle bodies are drawn, that gives a better insight that is visual, and shows trader psychology.More traders than ever are using candlestick charts due to the extra

Very very nice post.We need learn more about Candlestick Charts and Candlestick patten.It's most important for Forex trading.I learn more from this post.Thanks brother for share this nice post.

MOstly trader candel stic graph he use karty ha kio ka is sa market ki movement ka pata chal jata ha .
ya chart trader ko trade karna ma bht help karta ha.

Candle stick charts say aap ko boht achee information miltee hay aur aap ko trade karny main asaani hoti hay, main shurovaat main line chart use karta tha lakin abb main kafee der say candlestick charts hi ko use karta hoon.

यह एक अच्छा और आसान तरीका मोमबत्ती की छड़ें व्यापारी को पढ़ाने के लिए कीमत आंदोलन देखने और कमजोर प्रवृत्तियों, प्रवृत्ति उत्क्रमण और प्रवृत्तियों के जारी के संकेत के लिए देखो. एक बार मोमबत्ती अपनाने का तरीका सीखा है इन पैटर्न चार्ट पर एक नाराज़ अंगूठे की तरह बाहर रहना हैं और आसानी से लाभ विदेशी मुद्रा व्यापारी द्वारा लिया

forex candlesticks differ dramatically from standard bar charts even though they both present the same data.
A forex candlestick provides a large advantage for traders because it contains a unique visual
dimension that enables traders to very easily spot the “force” of price movement that each time period contained...

Candlestick charting is learned these patterns stick out like a sore thumb on a chart and are with no trouble taken advantage of by the Forex trader. Candlestick already described the State of the market entirely. It is a very significant discovery in the world of Forex

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Originally Posted by mikal

Candlestick charting is learned these patterns stick out like a sore thumb on a chart and are with no trouble taken advantage of by the Forex trader. Candlestick already described the State of the market entirely. It is a very significant discovery in the world of Forex

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the candlestick then we will have a direction in trading then we should be able to read it properly but do it as a benchmark in trading we have seen a good analysis and strartegi before entering a trade

Yes the holder interpret is a real fashionable use by traders today and I intellect ion this represent module ever use the forthcoming to originate. candlestick already described the Tell of the activity whole. It is a very fundamental feat in the group of forex

thank you yes I just knew ya inventor who candlestick, so candlestick represents
the price at the price movement over a specific time intervival
so now we can see the price ranges only from metatrader

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Originally Posted by wahabplus

A candlestick chart is primarily used to illustrate or visualize the price movements of a Securities, Derivatives or Currency Pairs against Time. Each candle represents the range of movement in price over a specified interval of time. It is often used charting technique for technical analysis of equity and currency prices.

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Candlestick charts were developed in the late 1800s. by a Japanese rice trader of financial instruments Munehisa Homma. Afterwards, Mr. Steve Nison has introduced this great charting technique to western world in his book.

Candlestick charts are a very helpful for decision making in different investment business.

You can share more about Candlestick Charts & Patterns here.

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candlestick chart is a very good price indicator and it self and signal provider for entry and exit. it show us real price fluctuation that averaged chart. i all time used this to get the trend in eurusd. i combine parabolic SAR with it which is a strong trend indicator. for entry signal i used Zig zag that is also and good indicator to provide good entry and exit point. i doing excellent trading with them.

The candlestick chart is a very popular use by traders today and thought this graph will always use the future to come. Candlestick already described the State of the market entirely. It is a very important discovery in the world of Forex.

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Originally Posted by ronykhan20306

The candlestick chart is a very popular use by traders today and thought this graph will always use the future to come. Candlestick already described the State of the market entirely. It is a very important discovery in the world of Forex.

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you may indeed be true that the use of the very popular by traders today and thought this chart would always use the future candlestick state described the market entirely let us increase the quality of our trading continue to learn from some of the material and the experience of the traders who are in this forum interesting that you say

yes candle stick pattern is great to decide about a market trend.You can take decision based on different candle stick pattern.Not all the time but definitely they provide good signal.You can describe other candle stick pattern here which can be helpful for newbies.

i invariably use candlestick within my trading this is because is additional straightforward out to perceive, it known as japanese candle stick, currently candle stick chart is additional well liked in forex trading as a result of a trader will simply analysis the market by utilizing it. a little over 90% trader user use this chart.

Yes, we can do the deal candlestick, look at the history of the recent market, traders strategies such different, as it uses a candlestick to trade in this market, we are able to use candlestick to trade I think.

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Originally Posted by pro2

yes candle stick pattern is great to decide about a market trend.You can take decision based on different candle stick pattern.Not all the time but definitely they provide good signal.You can describe other candle stick pattern here which can be helpful for newbies.

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Yes brother candle stick pattern bohat simple hain jabkay ic ki nisbat dosray charts line chart aur bar chart samajhnay mein bohat mushkil hain. Candlestick charts ko dekh ker hum bohat asani kay sath trend ka andaza ker laitay hain aur ic kay elawa pin bar aur doji ye do kisam kay pin bar aisay hain jo ager series kay akhir mein ayen to definitely market reverse hoti hay ic liye bohat say traders ic candle stick pattern kay intizar mein rehtay hain aur apna entry point ici ko banatay hain aur acha profit earn kertay hain laikin news kay time per ihtiat kerna zarori hay.

কারিগরি বিশ্লেষণের(টেকনিক্যাল অ্যানালাইসিস) সহজ ও নির্ভরযোগ্য পদ্ধতির জন্য ক্যান্ডলসটীক চার্ট জাপানের সবচেয়ে জনপ্রিয় এবং পুরনো। এটি পয়েন্ট,ফিগার এবং বার চার্ট এর চেয়েও অনেক বেশি পুরনো।

analysis using candlestick is very interesting to me, because it more accurately, many professional traders use candlestick analysis without using the indicator, as a beginner I would try it. but need guidance from senior trader

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Originally Posted by ronykhan20306

The candlestick chart is a very popular use by traders today and thought this graph will always use the future to come. Candlestick already described the State of the market entirely. It is a very important discovery in the world of Forex.

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I agree with what you say about the use of very popular by traders today and thought this chart would always use the future clear we must enter the market in accordance with the trading needs of our system but usually the best time is when the market is open session will stabilize price movements

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Originally Posted by ucang-et

i invariably use candlestick within my trading this is because is additional straightforward out to perceive, it known as japanese candle stick, currently candle stick chart is additional well liked in forex trading as a result of a trader will simply analysis the market by utilizing it. a little over 90% trader user use this chart.

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thasts good if you use candlestick trading is due out additional direct to grasp it is known as a stick wax Japan the most important thing we have to stay disciplined and spirit that should definitely be sought each of us will do our best to prepare trading trading management and analysis in order to avoid errors in the open position

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