Friday, September 28, 2018

Japanese Candlestick Cheat Sheet

Japanese Candlestick Cheat Sheet Did you click here first? If you did, stop reading right now and go through the entire Japanese Candlesticks Lesson first! If you’re REALLY done with those, here’s quick one-page reference cheat sheet for single, dual, and triple Japanese candlestick formations This...

Triple Candlestick Patterns

Triple Candlestick Patterns Evening and Morning Stars The morning star and the evening star are triple candlestick patterns that you can usually find at the end of a trend. They are reversal patterns that can be recognized through three characteristics. We’ll use the Evening Star Pattern...

Dual Candlestick Patterns

Dual Candlestick Patterns What’s better than single candlestick patterns? DUAL candlestick patterns! Engulfing Candles The bullish engulfing pattern is a two candlestick pattern that signals a strong up move may be coming. It happens when a bearish candle is immediately followed...

Single Candlestick Patterns

Single Candlestick Patterns  Learn how to use single candlestick patterns to identify potential market reversals. Here are the four basic single Japanese candlestick patterns: Hammer and Hanging Man The hammer and hanging man look exactly alike but have totally different meanings depending...

Basic Japanese Candlestick Patterns

Basic Japanese Candlestick Patterns Spinning Tops Japanese candlesticks with a long upper shadow, long lower shadow and small real bodies are called spinning tops. The color of the real body is not very important. The pattern indicates the indecision between the buyers and sellers. The...

Japanese Candlestick Anatomy

Japanese Candlestick Anatomy Let’s break down the different parts of a Japanese candlestick. Sexy Bodies Just like humans, candlesticks have different body sizes. And when it comes to forex trading, there’s nothing naughtier than checking out the bodies of candlesticks! Long bodies...

What is a Japanese Candlestick?

What is a Japanese Candlestick? While we briefly covered Japanese candlestick charting analysis in the previous forex lesson, we’ll now dig in a little and discuss them more in detail. Let’s do a quick review first. Japanese Candlestick Trading Back in the day when Godzilla was...