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Thread: What is a Japanese Candlestick?

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    What is a Japanese Candlestick?





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      =D This is where I learnt what a candlestick was and how to trade it. Thanks!!

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      Candlesticks are great but I suggest that you don't try to trade using candle sticks alone. You need to combine it with support / resistance lines etc.


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      Thanks for the info. Are candle sticks better than using bar charts or doesn't it matter?


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      I am totally new in this. Would anyone care to give me an overview on candlesticks?


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      Hie, Any new post for candlestick pattern?? I would like to learn more about this patterns in dept.


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      The Japanese traders began using technical analysis to trade rice in the 17th century and candlestick charts are very popular and most commonly used charting pattern these days.


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      Quote Originally Posted by filos View Post
      The Japanese traders began using technical analysis to trade rice in the 17th century and candlestick charts are very popular and most commonly used charting pattern these days.
      That's it. You try to apply the methods of the 17th century, and the market has changed. Weekly candlesticks are divided by the output, there is a natural boundary in time. But why do you think that 1H candle will work fine? There is no border between the hours of the day.


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