Category Archives: Chart Patterns

Candlestick Charts and How It Can Help You Trade Forex

Do you find it hard to analyse your financial charts in a technical way? Would you like to use a more intuitive, simple method? Candlestick charts are said to have been  originated in Japan by a rice trader, Homma Munehisa. The charts gave Homma an overview of the rice market. It is said that he… Read More »

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The History and Basics of Candlestick Technical Analysis

The candlestick way of technical analysis traces its roots to Japan from where it originated and now is very popular and used worldwide. Several patterns of candlestick exist on paper as well as on ancient Japanese texts that throw in depth light on the theory and fundamentals of it. It is said that in the… Read More »

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Best Forex Candle Stick Patterns

As far as the Forex candlestick patterns are concerned, these patterns are the most common indicators on the charts like that of Forex. Though when a buyer or seller starts going through some research, then in that case most of them find hundreds of most reliable patterns. However one of them is quite reliable and… Read More »

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Three Bullish Candlestick Patterns That Give Great Buy Signals

Even though there are many candlestick patterns and formation that traders use in making trading decisions, however there are three bullish candlestick patterns that give great buy signals. You should master these three bullish candlestick patterns. Three bullish Candlestick Patterns: Morning Star Bullish Engulfing Pattern Tweezer Bottom Now these three candlestick patterns can occur both… Read More »

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Dragonfly Doji Candlestick Pattern Is Highly Profitable!

A Doji Candlestick Pattern is very easy to spot but it forms rarely when the opening and the closing prices of a security or a currency pair are the same. So there is no stick on the Doji Candlestick Pattern. It is all wicks with no candle body. In essence, a Doji Pattern looks like… Read More »

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Candlestick Charting – a Peek Into Market Psychology

Candlestick charting was developed by Japanese rice traders over four centuries ago and could quite possibly be the oldest form of technical analysis. Since technical analysis is not only predicting probable price moves but also assessing market psychology, candlestick charting is probably the best tool to give the trader these answers in the shortest amount… Read More »

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Day Trading, Technical Analysis, Candlestick Patterns

Using this trading strategy will make you serious money!

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Candlestick Patterns and Forex Trading

What is Forex? Don’t ask me that because I really don’t know anything about foreign exchange. How about candlestick patterns? Uhhmm…next question please! I’ve been hunting jobs last December and me and my very good old friend, Grace, was talking about how hard life and earning for a living is these days with the economic… Read More »

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Candlestick Analysis – The Best Forex Trading Strategies

Does the candlestick strategy deliver profitable results? They were initially utilized in Japan as far as six centuries ago to trade rice. These days, it is a well-known tool for forex traders to forecast trends and determine where the market is heading to. Is the candle stick pattern the best forex trading strategy? Candlesticks patterns… Read More »

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How Candlestick Double Tops in May Predicted a Major Decline in the Dow

Hundreds of years ago, a rice trader in Japan developed a system of recording the ups and downs of daily prices as rice was bought and sold in the wholesale market – a system which recorded in picture form the underlying psychological inputs which impelled traders to buy and to sell at any particular time.… Read More »

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