Being able to identify and interpret candle charts is an important technical market skill for Forex traders to master. Candle shapes and patterns can give visual insight into what traders are thinking ...
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 ...
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 ...
Candlesticks are used in technical analysis and can help traders to accurately predict market movements. They will look at the shape and colour of candlesticks to get a sense of trends and patterns in ...
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts, and terminology. But as often happens on the high seas, new traders do ...
Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you to ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
When you want to know how a stock has performed over a certain period of time, one of the quickest ways to gauge its behavior is to look at a stock chart. And while there are several types of visual ...