Forex Different Candlesticks patterns.

[ashwini]

all these pattern are related to price action..
and believe me .. all price action is working very good.. u know with the help of this we can make money.. and can increase our winning.. percentage..

u know forex market is vey volatile .. so may be sometimes its not work.. not this .. all the indicators have also same problem..

but with the help of this.. we can make money easily.

[vineet]

haan bhai aapne sahi kaha forex mein kisi bhi cheez ko nazar andaaz karna bahut hi badi problem ho sakti hai aksar trader choti choti baatoin ka deyaan nahi deta hai aur jayda tar loss ka karan wo hi hota hai

[ericnyamu]

for me i believe candlesticks gain more importance as you move to higher time frames thats why its always important to look at daily and weekly chart even months charts and trade with the prevailing trend otherwise you are bound to trade wrongly and get some nasty losses

[rahibul]

Originally developed for the prediction and forecasting of future prices for rice, Japanese candles used by the dealers for all types of securities, commodities and financial markets for centuries. The exact location and time of this tool has been developed, it remains a mystery, but he was to be one of the most commonly used technical means available for commercial use. They have proven their reliability over time, and that is why they are still used. After centuries of refinement candlestick trading has become a science that can be used to create a more profitable trader can be created.

[clickme]

Candlestick pattern in forex is a kind of strategy, As much I know candlestick has more than hundred different patterns with different accuracy, it is too tough and impossible to remember every pattern. but you can use most accurate pattern which are good and reliable.

[realman]

[IMG]http://********.cachefly.net/school/images/grade2/candlestick.png[/IMG]


Generally the candle describes the open position, high position, low position and the closed position of a price in the trading. it changes according to the time frames. If we see the image the white candle opens from bottom and moves to upward direction. And the black candle open in top and moves to the downward direction. The candlestick consists of different patterns:-

1. Bullish & Bearish Engulfing Patterns
2. Evening star patterns
3. Evening star doji pattern
4. Morning star pattern
5. Morning star doji pattern
6. Single candle patterns
7. Hammers & Hanging man patterns
8. Shooting star pattern & Spinning tops

Forex means currency pair price chart. It shows on graphically. Three kind of chart available. Among them Candlestick is awesome. It play
very nice. Almost all trader like to play this chart.
All good trader want to know this chart good. Because trend line analysis is good part of this market. If anyone can realize the all sequence of candlestick. Also they are good trader.

[KD1986]

bahut hi achi information di hai aapne aur ye technical signals har trader ko smajh me aane chahiye kyunki forex me technicals ka bahut zor rehta hai aur short term traders ko to inko smajh ke trading karna bahut zaruri hota hai..isliye har traer ko in sabki knowledge hiona bahut zaruri hota hai

sahi baat kee apne aur agar technical candlestick pattern ka matlab nahi pata ho tu 5-10% profit kaam be ho sakta hai. Mein ese hee yeah thread update karta rahoga forum ke logo ke liye.

[siredewe]

sometimes i am not sure that canddlestick pattern is truly work...it was many time when the canddle depict a pattern but the wave move a different way...what is your explanation about it? i want to leard about the canddlestick pattern but i need to be convinced first.

[anubhavsingh]

bahut hi achi information di hai aapne aur ye technical signals har trader ko smajh me aane chahiye kyunki forex me technicals ka bahut zor rehta hai aur short term traders ko to inko smajh ke trading karna bahut zaruri hota hai..isliye har traer ko in sabki knowledge hiona bahut zaruri hota hai

[KD1986]

[IMG]http://********.cachefly.net/school/images/grade2/candlestick.png[/IMG]


Generally the candle describes the open position, high position, low position and the closed position of a price in the trading. it changes according to the time frames. If we see the image the white candle opens from bottom and moves to upward direction. And the black candle open in top and moves to the downward direction. The candlestick consists of different patterns:-

1. Bullish & Bearish Engulfing Patterns
2. Evening star patterns
3. Evening star doji pattern
4. Morning star pattern
5. Morning star doji pattern
6. Single candle patterns
7. Hammers & Hanging man patterns
8. Shooting star pattern & Spinning tops

Good information you have provide, but lack of images and little bit explanation is still needs. I am explaining the Evening star pattern and will explain other later.
Evening star pattern is a pattern of 3 star for knowing continues trend or change of trend to down side.

Following is a image example of evening star pattern;


Everyone can see circle is plot as evening star which as one candle towards down next little up and other more down for confirm next 4th candle for confirmation of these pattern.