A candlestick chart is simply a chart composed of individual candles, which traders use to understand price action. Candlestick price action involves pinpointing where the price opened for a period, ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Perhaps the single greatest mistake that investors make is the idea that trading is a purely technical practice, one driven exclusively by the logic of numbers. But the truth is that traders work on ...

Candlestick charts are frequently used in trading because they pack a lot of information in an easy-to-read design. They tell you more information than line charts, and with a single candlestick, you ...

If you’ve ever looked at a trading platform and seen a chart filled with rectangles and vertical lines, you’ve already encountered a candlestick chart — even if you didn’t realize it. These colorful ...

Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...

Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...

What is a candlestick chart? A candlestick chart is one that indicates the four price dimensions: the open, the close, the high and the low. It’s one of the most popular components of technical ...

The spinning top candlestick is an easy formation to recognise and can be helpful in determining whether a price reversal might occur. Learn more about this pattern and how you can trade when you ...