| Candlestick charting is a must have tool in the trading | | | | be used to predict trend reversal or trend |
| arsenal of any trader. Candlestick charts were | | | | continuation. Trend trading is where fortunes are |
| developed centuries back by Japanese rice traders | | | | made. When trading trends, it is very important for a |
| who perfected them over the years and used them | | | | trend trader to know whether a trend is going to |
| to make fortunes trading rice. In the last two | | | | continue or reverse itself. |
| decades candlestick trading has become popular all | | | | You see, if the trend is going to continue and you |
| over the world among the traders. | | | | get out of the trade fearing a trend reversal, you |
| No matter what market you trade, you can use | | | | are leaving a lot of profit on the table. On the other |
| candlesticks to predict the potential turning points in | | | | hand, if the trend is about to reverse itself and you |
| the markets and profit from the big market moves. | | | | continue to stick wth the trend, you can lose all the |
| Candlestick charting can be used by forex, futures, | | | | profit plus end up with a sizable loss. How to predict |
| stocks, options or commodities traders profitably in | | | | whether a trend is going to continue or reverse |
| predicting the trend reversals that are so important | | | | itself? |
| for any trader to know in advance. | | | | Over the years, traders have been using candlestick |
| A candlestick chart is made up of candles. Each | | | | patterns to predict trend reversal and trend |
| candle is formed by the low, high, open and close | | | | continuations. There are many candlestick patterns |
| price of the security or the currency pair on a | | | | that can be used to predict trend reversal and trend |
| particular timeframe. The beauty of candlestick | | | | continuation. Some are simple single stick patterns |
| charting lies in the fact that just by looking at these | | | | while others are double and three stick patterns. |
| charts, you can get an intuitive feeling where the | | | | Mastering how to identify these candlestick patterns |
| market is heading whether it is trending or ranging. | | | | can be highly profitable. |
| There are a number of candlestick patterns that can | | | | |