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FOREX Training Term 3 - Forex Tools Japanese Candlesticks
FOREX Training Term 3 - Forex Tools Japanese Candlesticks
Japanese Candlesticks
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Training - Term 3: Forex Tools/Japanese Candlesticks
Introduction to Japanese Candlesticks
If you are not familiar with the three types of Forex charts, you should read about them here before you continue.
Candlestick Charting
Candlestick charting as a tool for technical analysis was invented by...
Wednesday, 07 October 2009
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Training - Term 3: Forex Tools/Japanese Candlesticks
Candlestick Trading
If you have not read Introduction To Japanese Candlesticks yet, you should do so here before you continue with this lesson.
Candlestick Bodies
The length of a candlestick body tells us the strength or weakness of the...
Wednesday, 07 October 2009
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Training - Term 3: Forex Tools/Japanese Candlesticks
Candlestick Patterns
Basic Candlestick Patterns
Forex traders can get a lot of information from candlestick patterns. Here are the basic patterns and what they mean.
Spinning Tops
A “spinning top” has a long upper...
Wednesday, 07 October 2009
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Training - Term 3: Forex Tools/Japanese Candlesticks
Candlestick Reversal Patterns
Reversal patterns are just what they sound like. When a currency price is trending upward and then a downward trend develops, there has been a reversal. This reversal, once established, is called a reversal pattern....
Wednesday, 07 October 2009
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Training - Term 3: Forex Tools/Japanese Candlesticks
Review of Japanese Candlesticks
Candlesticks were invented a long time ago by the Japanese to improve the business of rice trading.
Forex software creates candlesticks using the session open, high, low, and close prices.
A hollow...
Wednesday, 07 October 2009
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