As I sat in front of my trading monitors, poring over my charts my mind wandered to the world of Japanese trading and the method they had developed for representing price movements – the Japanese Candlestick charts.
Like rolling hills and valleys, each candlestick rise and fall with the passage of time, its body and wicks a testament to the tumultuous world of trading. The body of the candlestick captures the ebb and flow of market sentiment.
And yet, it is the wicks that truly intrigue me. The upper wick reaching the highest price reached during the specified time period, while the lower wick reflecting the lowest point of the particular time frame I am analyzing
As a trader that has used technical analysis and candlesticks for many years, I have found by interpreting the patterns formed by the candlesticks it helps me gain insight into the possible trends of the market and make and give me a more informed decisions about buying and selling.
Japanese Candlestick charts are not so different from basic bar charts but for me easier to read with the different colored bars to see the opening and closing price of each bar.
Remember all videos and information on this site is only for educational purposes and is not intended as investment advice.
Candlestick Course by Soheil PKO
Trading Resource
Trading View They have wonderful technical analysis indicators and charts and can be used with many different brokerage companies. Many of the videos i post about trading strategies use the technical indicators on TradingView.
Trading Resource
Trading View They have wonderful technical analysis indicators and charts and can be used with many different brokerage companies. Many of the videos i post about trading strategies use the technical indicators on TradingView.
Trading Resource
Trading View They have wonderful technical analysis indicators and charts and can be used with many different brokerage companies. Many of the videos i post about trading strategies use the technical indicators on TradingView.
Does Japanese Candlesticks Work, How Do Japanese Candlesticks Work, Japanese Candlestick Patterns, Japanese Candlestick Strategy
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