What is candlestick ?

[rmizanur]

Candlestick in forex is a important in technical analysis-A candlestick describes the open, high, low and close price of the trading period in a single candle. If you�re looking at a 15 minute chart, then each candle represents a 15 minute timeframe. An hourly candle, represents price movement in one hour.

[Jack]

candlestick is one type of chart style of Forex trading and it's one of the most popular chart as per traders choice. I am also using candlestick chart pattern in Forex trading, it is more easy and correct due to simple style of show market movements.

[wazid201118]

we use candle stick in trade to make huge amount of profit daily.we also know that it is a latest analyse system for the traders.It makes the makes the market trends very easy to analyse for trading.

[assi]

candle sticks are the symbols of the tradings bars and mostly these symbols shows something about the market to do the good tradings and if the traders will understand these symbols then good tradings will be easy

[nitshar]

learning candlestick patters in very hard as there are very many patterns to identify. A much better way is to learn indicator patterns and apply them onto trading strategy. This will save a lot of time and headache.

[roopesh11]

Candlestick means the market which makes a different shapes like a long rectangles and short size shapes, it shows that position which the market travels in the previous hours. The market makes a real body of the current price which we are watching in the graph. But it is very helpful in the trading. It is also a god indicator.

[akshay1728]

candle stic is the type of patter you used for the trading liek there are line bar and other charts ...candle sticks are very useful and will hlep you in detecting the revesral of the pattern

[tubeltkadal]

when talking about the candlestick and zigzags, then the next will surely touch the Elliot Wave Theory, because the price movements form certain patterns that can be drawn form a fractal

[wending]

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.

[milon]

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.