OK, now we are back to learning after a short vacation. Before we step into this section, let’s establish a platform for the basics in which we already know.
What we now know…about the white candlestick
-Long white candlesticks show strong buying pressure
-The longer the white candlestick is, the greater the close is above the open (***large [...]
Keeping the Candlestick Burning
Understanding Financial Charts (Candlestick 2)
Traders tend to use the Candlestick chart over the commonly used bar chart because of the variety of information each “candlestick” offers to the trader. For example each candlestick allows a trader to interpret the open price, close price, and the fluctuation during the trading day and over time offers trends, buyer tendencies etc etc. [...]
Understanding Charts 2/8/10 (THE CANDLESTICK-1-A)
One of our new series is to help understand financial charts.
In this post, one of our exclusive contributors Justin Gingery explains how to understand the candlestick chart.
One of the most prominent and basic charts used today to monitor a specific stocks activity within a day. Understanding the “Candlestick Chart” may appear to be complex but [...]
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