A doji is a trading session where a security’s open and close prices are virtually equal. It can be used by investors to identify market indecision.
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 ...
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 ...
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Understanding Basic Candlestick Charts
Candlestick charts were developed in the 18th century in Japan by rice trader Munehisa Homma. As a cornerstone and perhaps one of the earliest forms of technical analysis, they help traders and ...
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...
Forex traders need certain tools to make successful trades. These tools keep them up to date about current events in the forex market that can affect their trades, help protect their funds from risks, ...
When you first start exploring the stock market, the sheer volume of information can feel overwhelming. Complex charts filled with colored boxes and thin lines (candlesticks) often lead to what we ...
A daily chart is a graphical representation of a stock price movements during a single trading day. A daily chart can be in the form of a bar, candlestick, or line chart. One daily chart, in ...
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