Candlestick Charts

[Borhan107]

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.

[forexstudentforever1]

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.

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

[ras]

There are four types of the patern of candle
1.bull 2.bear 3.reversal 4.neutral, price will be high when candle is bullish like follows
1.long green line
2.hammer
3.piercing line
4.bullish engulfing lines
5.morning star
6.bullish doji star .

[gose]

Candlestick analysis is actually easy to do at the right time frame such as H4 and D1 for the period time frame was enough to see the strengths and weaknesses of a price movement seen from the previous candlestick image projection direction for the future of the movement of the currency pair

[sairin]

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.

Candle stick is an indicator of the most widely used because of this candlestick is one indicator that did not experience repainting compared to other indicators in addition to the indicator is also easily understood by novice traders

[ahsankhan]

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.

Attachment 1210

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.

mujh candle stick bohut he achi lagti hai or yah aik best stategy hai lakin main ne es strategy ko kabi use nahi kia hai es laya to main abi trading main apni knowledge earned karah hun...

[norix]

I have been using candle sticks ,or if may say indicators and i have been enjoying every situation that comes with forex for that matter 'trade your own do not accept stress'.

forex strategy is one we can memorize this candle chart, because we can see that the price will move where eg doji candle etc,,,
that we can apply but there are very many other kinds of types of candles

[antosco]

Candlestick Charts

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.

Name: candlestick_chart_400_242.jpg Views: 64 Size: 12.2 KB

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.

It is a great thread thanks. I also enjoy using the candlestick chart than using the bar and line chart although, there are some cases when the need to use the line chart would be necessary. Another word for the market going up in forex terms is bullish while for market going down is bearish.

[yasiraziz]

candle stick chart buhat papular hai buhat sy trader is ko use karte hain
kuch trader to is ko stretegy k tor par b use karte hain main b isay hi use karta hoon
is sy ap ko market k trend ka pta chalta hai

[sujarman]

Candlestick, likewise. I think candlestick is better than a barchart because it has body which can show the direction of the bar. A barchart has only a line to show open and close. Also, in a candlestick you can know whether it is a bear candle or a bull candle from the color of the candle, easy to read.
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To begin an analysis, we must be able to read the chart first. Graphs commonly used is a simple graph of price vs. time. Axis "X" as the time and the axis "Y" as the price.

Note the picture below. It's called "Candlestick Chart" because its shape is like a candle. For graphics, I took it on www.netdania.com, a provider of realtime chart for forex. You can access it freely.

read more [ http://belajarforex.com/dasar-analis...ndlestick.html ]