Home » Candlestick Charts » Candlestick Charting Explained

This section discusses only a few of the scores of candlestick chart patterns. There are many important candlestick patterns and trading tactics not discussed in this basic introduction. The goal of this section is to illustrate how candlesticks (and especially Nison candlesticks) can open new and unique tools for technical analysis, but since this is an introduction this will not provide a trading methodology. For example, there are many times candlestick signals should be ignored. This is where experience with candlestick charts comes in.   More here : http://candlechartsacademy.com/candlestick-charting-explained/

Here’s a good slideshow comparing candlestick charts and bar charts and other important points. Check it out.


Other resources:

Candlestick Chart Price Action Trading & Day Trading Help – YouTube
http://www.StockMarketFunding.com Candlestick Chart Price Action Trading & Day Trading Help Trading Tutorial on PCLN Opening Bell 30 Minute Price Action Weekly Puts. Live stock trading education on how to buy 

Day Trading Strategies: Weather & Poor …
Crude Oil looks very bullish at first glance on this evening’s VIP chart, but after further analysis we can see that the closing-print at the highs was NOT supported by the volume-print at the lows of today’s range. This is a possible clue for a price-reversal going into tomorrow, but as ….. I wanted to trade, I need to begin the process of looking at price charts. Day traders call them ‘candlestick’ charts because of the Japanese Candlesticks that are used to show price action.