Traders often rely on Japanese candlestick charts to observe the price action of financial assets. Candlestick graphs give twice as much information as a standard line chart. They also allow you ...
Ever wondered why traders get excited about certain patterns on their charts? The hammer candlestick is one such intriguing ...
Candlestick charts originated in Japan in the 1700s and were used to trade rice, he says. Basically, the Japanese created a chart that shows the link between the price of rice and the traders ...
However, forex traders favor candlestick patterns because candlestick charts are the most popular chart pattern nowadays. Forex chart patterns fall into three categories — reversal, continuation ...