Browsing the archives for the candlestick charts tag.

Candlestick Charts - A Basic Introduction!

forex explained, learn how to trade forex

There is an old saying that a picture paints a thousand words.

My turn on this phrase is that a good video is often better than a book!!

Hopefully you are probably aware that it’s been scientifically proven in various prestigious studies (which I won’t go into detail here..) that a visual presentation can often be up to 3 times more effective than the written version.

And video is a very powerful presentation method, especially for forex trading…

But what about the myraid of forex trading videos out there - to be honest most are junk. So I’ve spent some time checking over a few of them so as to keep you informed with good content and not waste your valuable time!

Anyway, what I thought I would do was to direct you to a really good video that I’ve sourced for you…

This is an introduction to a charting style known as Candlestick, actually it’s more properly known as the Japanese Candelstick style.

I’ve always liked this chart type it because it’s so informative of the way the market has behaved and I’ve found that it is an incredibly good indicator of major turning points.

If you’re reading this post tell me what you think- leave a comment…

Here’s to your profitable success ……

1 Comment