CANDLESTICK   Leave a comment

Japanese Candlestick is the first stepping stone to understand a periodic real market situation. It’s FUN watch it on MINUTE 1 (M1) PERIODICITY, how it forms visually that represents Red and Green.  Recognize your Candlestick because they can make you Money.

ARJUN LIMBU FXTIMES SOLDIER

In street Forex lingo, GREEN Bulls mean Buyers and RED Bears mean Sellers. Candle characteristics: Numbers, Shadow size, Body size helps to determine Market Trend (BULLISH / BEARISH).

  • Green Candlesticks : Highers price value (High Demand), Buyers’ Pressure high (Bid)
    (Ask). Long white (Green) Japanese candlesticks show strong buying pressure. The longer the GREEN candlestick, the further the close is above the open. This indicates that prices increased considerably from open to close and buyers were aggressive.
  • Red Candlesticks : Lowers price value (High Supply), Sellers’ Pressure high. Long black (RED) candlesticks show strong selling pressure. The longer the RED Japanese candlestick, the further the close is below the open. This indicates that prices fell a great deal from the open and sellers were aggressive.
  • SHORT/LONG HEIGHT + THIN BODY SIZE or SHORT HEIGHT + ROBUST BODY SIZE gives -> BOX MARKET TREND
  • Candlestick (SINGLE, DOUBLE, TRIPLE) show MARKET TREND REVERSE SIGNAL INFORMATION as follows.

FXTIMES-ARJUN1

Lesson 1: Observe it in Fx software and experience it.

Posted April 9, 2015 by arjunlimbu

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: