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Thread: What is candlestick ?

  1. #38
    Member joget has a spectacular aura about joget has a spectacular aura about joget's Avatar
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    on the MT4 platform, there are three types of chart, ie line charts, bar charts and candlestick charts. candlestick chart is a selection fovorit most traders, because it can be learned from the situation or market conditions that typically occur. so often used as a benchmark to predict the next price movement.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Senior Member sumonmia0526 is on a distinguished road sumonmia0526's Avatar
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    Quote Originally Posted by forexpips View Post
    candle stick is what type of signal in forex meta trader and how i read these signal and how i identify that market go up or market go down . their are many question about this and how we find when market go up or how we create a benefit from candle stick . i listen many place that very important of a candle in forex market.
    candlesticks are not a signal man candle sticks is one kind of pattern which is showing the up and down in chart .when u saw the sticks range between up and down it will show the start point and current point of change .like the sticks open for 15 min the first sec the price were 1.3250 so it is going down to 1.3240 which means it will show a filled sticks of 10 pips

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  3. #36
    Senior Member sunil is a jewel in the rough sunil is a jewel in the rough sunil is a jewel in the rough sunil's Avatar
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    Basically its the patten of chart and its the most popular one it gives the clear idea that in partilar time from where market start and its high and low and close of market. This the very easy chart to understand.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Banned netra will become famous soon enough netra will become famous soon enough netra's Avatar
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    You are right dear its difficult one but for most of senior trader its most reliable one. I know many trader who use this in their trading and along with candlestick they use only one or two indicator and predict from charts only. For them its best on higher time charts lie H4 or D1

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  5. #34
    Banned sidhu is on a distinguished road sidhu's Avatar
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    ye ek petren ha chart ko dekhney ka or mere khiyal main to forex trading mai all over the world sirf ye ek he petren use hota ha or es main app ko kisi bhi trand ka sahi andaza hota ha ha yeni k es main wazehey tor par nazar a raha hota ha k trande up ha ya down ha

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  6. #33
    Member dineshji is an unknown quantity at this point dineshji's Avatar
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    candlesticks are not indicators but patterns.but you can still get signals from them which will work most of the time.the strategy called naked trading is only based on candlesticks.so candlesticks has different patterns and each has a meaning.so l advise you to read a complete e-book about candlesticks.they can give a signal of trend changing breakout reversal anything related to the trend.

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member ghaffarali is an unknown quantity at this point ghaffarali's Avatar
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    candlestick is a pattern showing market ups and downs price fluctuations

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Junior Member ghaffarali is an unknown quantity at this point ghaffarali's Avatar
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    Quote Originally Posted by kalex76 View Post
    it gives the idea about the market movement ,in which position,the market may bounce or go down could be easily traced from such candle sticks patterns like inverted hammer type .Its very easy to guess the mood of the market from this signals.
    YEA ofcourse candlestick is a type pattern used to determine the overall market behaviour

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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    Quote Originally Posted by forexpips View Post
    candle stick is what type of signal in forex meta trader and how i read these signal and how i identify that market go up or market go down . their are many question about this and how we find when market go up or how we create a benefit from candle stick . i listen many place that very important of a candle in forex market.
    ye ek petren ha chart ko dekhney ka or mere khiyal main to forex trading mai all over the world sirf ye ek he petren use hota ha or es main app ko kisi bhi trand ka sahi andaza hota ha ha yeni k es main wazehey tor par nazar a raha hota ha k trande up ha ya down ha

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


  10. #29
    Member waqtitrader will become famous soon enough waqtitrader's Avatar
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    Quote Originally Posted by forexpips View Post
    candle stick is what type of signal in forex meta trader and how i read these signal and how i identify that market go up or market go down . their are many question about this and how we find when market go up or how we create a benefit from candle stick . i listen many place that very important of a candle in forex market.
    chart ko read karne k bahot se tareeqey hotey hane en main ek tareeqa jo ha woh candle stick bhi ha ye sab se pehely janpan main use kiya gaya tha forex trading main es k baad ye sab dunia main papular ho gaya ha es ko app chart read karney ka sab se bara zariya ya petren keh saktey ho

    Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.


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