If you are into day trading or swing trading then you must know two things, technical analysis and candlestick charting. Both of these tools are a must if you want to become a winning trader no matter what market you like to trade or what contracts or instruments you want to trade.
You need to master a few profitable candlestick patterns that can reveal a lot about trend reversals. In recent years, candlestick charting has become highly popular among traders. Othese candlestick charts you can spot a nmber of candlestick patterns that can reveal a lot about the market sentiment and can be highly profitable if interpreted correctly. A Candlestick is formed of a body and two wicks one above and the other below the body. The Candlestick Body is made by the Opening and the closing price. The wicks are formed with the high and low price in the session.
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| INDU | 0.00 | ||||
| NASDAQ | 2903.88 | ||||
| S&P 500 | 1342.64 | ||||
| MAR | 35.72 | ||||
| INTC | 26.695 | ||||
| WYN | 44.15 | ||||
| NOVL | 0.00 | ||||
| XL | 19.27 | ||||
| PCX | 8.38 | ||||
| SA | 21.56 | ||||
| CHK | 22.13 | ||||
| BA | 74.95 | ||||
| GLD | 167.14 | ||||
| DIA | 127.85 | ||||
| BIDU | 136.59 |
