Tag Archives: candlestick

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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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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