Learn how to read charts for short-term trading and analysis. We explain the types of trading charts and reveal the best charting software.
Depending on your trading style, you can often act on the anticipatory signal. However, if you prefer to be cautious and wait for more evidence, since candlesticks anticipate a change in trend, they should at the very least put you on the alert that a reversal may be imminent. How to Re...
Today, we’re going to continue the series of short, but powerful, video lectures on day trading using price action. We will produce longer, more detailed and thorough videos for you later, but I want to introduce the topics in short and simple videos first. Last time I told you about ...
ONLINE COURSE TEACHING TECHNICAL ANALYSIS / TRADING / INVESTING What's your vision? Infographic. Be as creative as you want. This is a basic tutorial how to read the key components of Japanese candlesticks. Never mind the vertical dotted line in… ...
also known as Japanese candlesticks, provide traders and investors the same visual context for how much a stock’s price is swinging over time. And, in today’s guide, we’re going to take an in-depth look at candlesticks and how to read them in order to create a working trading strateg...
Charts - an essential of technical analysis - Looking at previous price action to determine future market behavior. Learn more about trading charts here.
the bar charts, and that’s the hollow candlestick vs. the solid candlestick. But it doesn’t matter – you can be successful with OHLC bars and you can be successful with candlesticks. If I would begin day trading today, I would probably pick candlesticks, but I’m just used to t...
Knowing which indicators to use and how to interpret them can be overwhelming. Focusing on the best indicators for day trading can deliver more practical insights, helping you to identify profitable trading opportunities more efficiently. To get started, check out this essential guide onleveraging day...
A tweezer is a type of technical analysis pattern involving two candlesticks that is used by traders. A tweezers top is when two candles occur back to back with very similar highs. A tweezers bottom occurs when two candles, back to back, occur with very similar lows. The pattern is more ...
It's important to know how thetrading platformis drawing candlesticks. Some platforms don't take the prior close into account, but others do.Tradersalso have the option of making all the candlesticks filled or hollow based on the close versus open. Hover the cursor over the candles and note...