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, ...
The Chart Professor is back to help us dive further into the stock charts you need to make smart investment decisions. This week we’re talking candlestick graphs and why they can give you an edge over ...
Candlestick charts are a cornerstone in technical analysis and perhaps one of the earliest forms of technical analysis, having been developed in the 18th century in Japan by rice trader Munehisa Homma ...
Though they originated from the Japanese rice trade centuries ago, candlesticks have made their way into modern-day charts. Their ability to convey much information in a simple diagram and ease of ...
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 ...
Discover how to effectively trade advanced candlestick patterns like island reversal, kicker, and hook reversal. Enhance your ...
Stock candlestick patterns provide valuable insights into a stock’s supply and demand dynamics, giving traders and investors a bird's-eye view of current market sentiment. Some traders may use ...
Learning how to read forex charts is one of the first steps you’ll need to take as a beginner in trading. We explain how you can read some of the main types of FX charts, and more, in this guide. A ...
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 ...