1. Introduction to Japanese Candlesticks

Introduction to Japanese Candlesticks If you are not familiar with the three types of Forex charts, you should read about them here before you continue. Candlestick Charting Candlestick charting as a tool for technical analysis was invented by...

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2. Candlestick Trading

Candlestick Trading If you have not read Introduction To Japanese Candlesticks yet, you should do so here before you continue with this lesson. Candlestick Bodies The length of a candlestick body tells us the strength or weakness of the...

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3. Candlestick Patterns

Candlestick Patterns   Basic Candlestick Patterns Forex traders can get a lot of information from candlestick patterns. Here are the basic patterns and what they mean. Spinning Tops A “spinning top” has a long upper...

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4. Candlestick Reversal Patterns

Candlestick Reversal Patterns Reversal patterns are just what they sound like. When a currency price is trending upward and then a downward trend develops, there has been a reversal. This reversal, once established, is called a reversal pattern....

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5. Review of Japanese Candlesticks

Review of Japanese Candlesticks   Candlesticks were invented a long time ago by the Japanese to improve the business of rice trading. Forex software creates candlesticks using the session open, high, low, and close prices. A hollow...

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