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What is Candlestick?

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  #11  
Old 05-19-09, 10:19 AM
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Nice i will definitely try this book.
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  #12  
Old 06-10-09, 01:06 PM
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Candlestick is a combination of a line-chart and a bar-chart, in that each bar represents the range of price movement over a given time interval. It is most often used in technical analysis of equity and currency price patterns.
Candlestick charts are a visual aid for decision making in stock, forex, commodity, and options trading. For example, when the bar is white and high relative to other time periods, it means buyers are very bullish. The opposite is true for a black bar.
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  #13  
Old 09-16-09, 12:07 PM
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Default Hispory of Candlestick Techniques

Candlestick Technique is the oldest method in Forex analysis one used by the Japanese rice traders which date back to the 18th century and it remains popular till now. Candlestick technique was invented in Japan when Munehisa Homma of Dojima Rice Exchange used past prices to forecast future price movements and manafed to earn an enormous amount of wealth. The concept was adopted to analyze the Forex market which later proved to be very effective.
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  #14  
Old 12-28-09, 07:36 AM
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I really love to read articles which are very informative and the topics are based or concerned with the current issues in our society. I admire these writers in sharing their views and or opinions that can enlighten the mind of the readers. Great job!
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  #15  
Old 12-31-09, 08:09 AM
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Candlestick trading.. true price action trading... you can detect a lot of early movements using candlesticks,, if only i can master the technique...







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  #16  
Old 02-11-10, 10:24 AM
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candlestick trading really good idea. but in my opinion is better to trade using moving averages. I trade using Bill Williams system (Alligator and Fractals). Net profit 10-15% monthly. But you can combine the candlesticks and moving averages.
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  #17  
Old 02-23-11, 04:34 PM
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It's better to combine u guess... 1 may be your main indicator, and another one is to filter your decisions... my 2 cents










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  #18  
Old 10-23-13, 01:48 PM
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Candlestick charting is a magnificent way of trading currencies. More so, your broker's terminal should clearly show the candlestick patterns. That's why i prefer the platform of FreshForex ? Reliable Forex broker.
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