Breaking News
Get 40% Off 0
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

The Basics of Japanese Candlesticks

The Basics of Japanese Candlesticks

Thursday, December 12, 2019

Expert: ALAN GREENWALD
Hosted by: LegacyFX
  • Forex
  • Cryptocurrency
  • Stocks
  • Candlestick Patterns
  • Beginners
  • Intermediate
Many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. At once a trader can compare the relationship between the open and close as well as the high and low. The relationship between the open and close is considered vital information and forms the essence of candlesticks.

Candlesticks offer a quick view into the current trading atmosphere and investor sentiment. Candlesticks study the effect of a given market and security. Candlesticks are strictly about technical analysis, and as such are not always 100% accurate because they measure the effect of market forces, including price, fundamentals and others.

When used correctly, Candlesticks are a great tool that can help you determine potential market direction. Candlesticks quantify what the traders are doing and thinking.

John Roman 
John is an active trader and educator at Investors Trading Academy with an MBA in Finance from New York University.  He began trading in 1995 focusing mainly on commodities and options, then transformed into forex investment. His current specialization covers all aspects of forex trading utilizing fundamental and technical analysis, namely chart pattern analysis. Mr. Roman has conducted training seminars on all over the world from novice to innovative strategies.  He provides a solid, collaborative and extremely encouraging training atmosphere to assist Forex traders in locating and trading momentum moves, using confirmed patterns and methods.
Continue with Google
or
Sign up with Email