Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...
If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...
A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to ...
Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...
The Chart Professor is back to help us dive further into the stock charts you need to make smart investment decisions. This week we’re talking candlestick graphs and why they can give you an edge over ...
Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...
With the stock markets on a bull run fuelled by ample liquidity, interest in guessing the next move of the indices and individual stocks is running high. Technical analysis could come in handy here.
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...
A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...