Candlestick charts, much like the bar chart equivalent, utilize the open, high, low and close are the same is commonly referred to as a doji session and is represented by a single horizontal line at that price. Although they have only recently become popular in the Western Hemisphere, Japanese traders have been using the candlestick charting technique for hundreds of years. I realized the real bodies used in candlestick charting can be done. By watching the markets, I noticed something interesting about candlestick charts, which I use extensively. Observation is the best friend of the technical analyst.
Monday, March 30, 2009
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