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Candlesticks are a type of graphic used in technical analysis of an asset to display its high, low, open, and close prices over a period.
The world of financial markets can shift in moments, and newcomers often find themselves drowning in a sea of numbers, charts ...
If you’ve ever asked yourself how to trade forex but felt overwhelmed by charts, jargon, or fast-moving markets -- you’re not alone.
Many very useful candlestick patterns exist to choose from, although how to incorporate them into a forex trading strategy will depend on an individual trader’s preferences.
The useful candlestick trading patterns that appear on these charts capture the essence of forex market psychology and reveal key information about the ongoing battle between buyers and sellers.
Forex system trading is a strictly rules-based approach to trading. First, a trader picks an overall strategy or style to follow and then identifies the signals and inputs that should prompt a trade.
Candlestick charts are useful for technical day traders to identify patterns and make trading decisions. Bullish candlesticks indicate entry points for long trades and can help predict when a ...