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Candlestick chart patterns - PowerPoint PPT Presentation

Candlestick Patterns

Visit our site http://www.theforexguy.com/common-candlestick-patterns/ for more information on Candlestick Patterns. Candlestick patterns are used to determine the daily average or closing price can give you a better feel for the direction or flow of the market. That's because intraday fluctuations are revealed within a wider range of longer term data. This additional information can make a significant difference in your ability to make smart trading decisions.

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Candlestick Chart Patterns

Visit our site http://www.theforexguy.com/common-candlestick-patterns/ for more information on Candlestick Chart Patterns.Candlestick chart patterns are new candlestick forms for each time period. Each candlestick shows opening and closing prices and the highs and lows for that period. The highs and lows are indicated by the wicks that form above and below the body of the candle. By gauging the relative lengths and the body and wick, the informed trader can glean much about the movement of the market. By studying the patterns of several consecutive candlesticks, he can see the real movement of the market.

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677 views • 4 slides

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Candlestick chart patterns - PowerPoint PPT Presentation

Candlestick Patterns

Candlestick Chart Patterns