Making Money Online Blogger : Candlestick Forex Trading - Candlestick charts are claimed to be the oldest type of charts used for price predictiont all started around 1700s, when Munehisa Homma in Japan became a legendary rice trader for predicting rice prices using Candlestick Chartsandlestick chart patterns are exceedingly popular in forex trading because of their dynamic features and versatilityn all charts, users can toggle between line, bar and candlestick chart viewandlestick Charts are frequently really colorful charts as compared to conventional chartsifferent colors are used to indicate different nature of expense movementour prices are of utmost importance in constructing the Candlestick Chart- High, Low, Open, and Closeach candle consists of two parts: the body and the shadowshe body reflects the open and closing price for the certain periodf the candle body is black the close price is below the open, and white if the close is higher than the open for the periodn the other hand, candlestick shadows refl ... [Read More @ Making Money Online Blogger]
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