Items filtered by date: January 2021

Thursday, 07 January 2021 05:39

Japanese Candlestick Chart

Japanese Candlestick Charts are the most popular way of visualizing price movements and track the vagaries of price changes of a given time span. This type of chart is popular among traders and has been in use by Western traders for many years after originating from Japan. It is important to learn how to read a candlestick chart as you will encounter these often while trading currencies. A person who studies Japanese Candlestick Charting Techniques will know immediately to recognize market activities such as indecision, sideways trending as well as successful currency trading strategies. A discerning trader can use the information in candlestick charts to optimize trading as well as to get better profits from each trade.

Published in FOREX TRADING BASICS

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