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 ...

Discover Marubozu candles: learn their formation, how to interpret them for trading strategies, and their role in predicting ...

Perhaps the single greatest mistake that investors make is the idea that trading is a purely technical practice, one driven exclusively by the logic of numbers. But the truth is that traders work on ...

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 ...

Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...

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 ...

Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...

Candlestick patterns are useful when trading in securities, derivatives, commodities, or currencies. The patterns display market trends at a glance. Japanese candlestick patterns identify bullish or ...

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 candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...