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, ...
Perhaps the single greatest mistake that investors make is the idea that trading is a purely technical practice, one driven exclusively by the logic of numbers. But the truth is that traders work on ...
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 ...
With the stock markets on a bull run fuelled by ample liquidity, interest in guessing the next move of the indices and individual stocks is running high. Technical analysis could come in handy here.
Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...
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 ...
Fast at the pace and volatile as the wind, cryptocurrencies need careful tracking in the flow of their price movements by their traders and investors. One of the best techniques for cryptocurrency ...
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 ...
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