Learn how to read a candlestick chart and spot candlestick patterns that aid in analyzing price direction, previous price movements, and trader sentiments.
The Heikin Ashi (HA) candlestick is known for filtering out the ‘noise’ of day-to-day price fluctuations, making it a favourite among trend traders. Discover how you can incorporate HA candlesticks in ...
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 ...
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 ...
Popularly known as the ‘doji candle’, the doji candlestick chart pattern is one of the most unique formations in the world of trading. Learn more about this pattern and find out how you can trade when ...
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, ...
Legend has it that Sakata Homma, a Japanese rice trader in the 1600s, managed 100 consecutive winning trades by studying candlestick charts. But in the West, technical analysis didn't catch on until ...