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The Basics of Japanese Candlesticks

The Basics of Japanese Candlesticks

Thursday, June 18, 2020

Expert: ALAN GREENWALD
Hosted by: LegacyFX
  • Cryptocurrency
  • CFD
  • Trading Systems
  • Beginners
  • Intermediate
  • Advanced
Many traders consider candlestick charts more visually appealing and easier to interpret. Each candlestick provides an easy-to-decipher picture of price action. At once a trader can compare the relationship between the open and close as well as the high and low. The relationship between the open and close is considered vital information and forms the essence of candlesticks.

Candlesticks offer a quick view into the current trading atmosphere and investor sentiment. Candlesticks study the effect of a given market and security. Candlesticks are strictly about technical analysis, and as such are not always 100% accurate because they measure the effect of market forces, including price, fundamentals and others.

When used correctly, Candlesticks are a great tool that can help you determine potential market direction. Candlesticks quantify what the traders are doing and thinking.

ALAN GREENWALD

Alan holds an MBA in Economics from the University of Pennsylvania. has been trading the Commodities and Futures market for over 15 years. Over the years, he’s established a trading strategy that is designed to steadily provide profits. Traders from across the globe are familiar with his expert mentoring and the achievement level of those learners has been extremely great. Mr. Greenwald is able to help newbies or more experienced traders looking for an expert’s input in their trading strategy.
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