What is candlestick ?

[ch tayyab]

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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.

Read more: Candlestick Charting: What Is It? https://www.investopedia.com/article...#ixzz5AkUnBImN
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[afzalali]

It is rare you get to see price action displayed like this on a yearly timeframe and added to that Fitzpatrick draws some interesting inferences about the probable future direction of the pair based on analysing past examples.

[usmanbaloch]

candlestick hamen trading ka cha signal dete hay analysis ki trah ye bahut he acha hay hamare tarde k lye is men hamen kafe achy pattren melte hain jo bahut strong analysis dete hain hamare tarde ko agar ham pattrens ko analysis ko sath jor den to hamen profit k kafe achay chance mel sakte hain

[hakan]

Candlestick is a very important element in Forex trading. Doing this we can learn very well about what we are with this us It turns out better know how we get the funds well we face with what the name of development in running a good and true trading. candles will have an opening price, closing price, the highest price and the lowest price for the period of 30 minutes or 1 hour before .. I am sure once every programmer when creating indicator must rely on four items, so that he will not bother to determine.

[garlick]

Candlestick is a chart pattern. It was created by Japanese people and is very easy to use and clear to understand. A very clear trader can find candles that are opened high near low. This is very useful for traders who use it for their trade. Japanese candlestick analysis is very complex but at the same time very accurate. They can get good results with this analysis. to increase its effectiveness should be aware of economic news that may affect the price of different currency pairs of forex.

[sattar087]

candle stick trading markeet main bahoot iahmiyat ki hamil hai kyun ka is sa hamian markeet ki price ka pata chalta hai aur yeh bhee pata chalta hai ka mareet pervis ours main kya positin thee aur ab kya hai

[dareking]

Bhai isko japanse candletick bola jata hai, aur dekha jaye to professional trader banne ke liye iske knowledge ka hona bahut jayda hota hai bhai, jab tak hum ismein perfect nahi ho jaate hai trading se kamai karna mushkil hai bhai.

[fogler]

Candlestick is a price action graph that tells about the real market sentiment that tells you about what the market is doing now and where markets have been opened and closed and even shows high and low time and to read candlesticks is an excellent resource for generating profits in the forex market

[Abidhanif]

candlestick is a chart view types of how you want to see the market to moves there is lot of chart view but the most usable chart type is candlestick all the heros of forex trading are using candlestick to trade

[smsfx]

Candel stick is one of the most important tools in forex trading. It is very helpful to determine the market conditions. The market analysis has been very easy for me through this.Bullish or berish market this can be easily determined through the candlestick chart.Yes, spinning up like a candlestick structure provides information about market reversals. This type of indicator is helpful for analyzing market conditions. In addition, I also use parabolic sar, etc. Technical analysis in forex is very helpful for many things to determine market conditions. and trends Candlestick techniques that we can use daily comes from the technical charting style used by Japanese people for many years before the development of systems analysis bar and point and figure. Candlestick charts are most commonly used in technical analysis of equity patterns and currency rates.