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    Thread: Candlesticks chart is good for trade than others?

    1. #41
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      Default Re: Candlesticks chart is good for trade than others?

      Well, you have a good opinion, we need to learn and understand the basic pattern of a candlestick, at least we must memorize all in our brain.


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    3. #42
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      Line chart is the simplest type of chart. Candlestick chart, like bar chart, is an OHLC type of chart - meaning Open/ High/ Low/ Close. Candlestick charts are also easy to read and interpret.


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    5. #43
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      Default Re: Candlesticks chart is good for trade than others?

      Trader need to consider all pros and cons of each chart type in context of his strategy, trading style and personal characteristic as there is not a one, ideal type of chart there that would fit everyone.


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    7. #44
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      for me to use candlestick charts it is easier and clearer to observe chart changes from each hour of change. moreover the shape also helps us to be able to get a more clear and orderly analysis. reading candlestick charts is easier and the pattern is also regular. thus we will more easily see the direction of the trend movement that will occur.


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    9. #45
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      there are many ways and system in which trader are adopted into trade, one way is candlestick studies and formation of it through different time frame, from lower to higher time frame on the chart, we need to studies candlestick which is two in type, this are bullish and bearish candlestick ,in order to determine the direction of position entry in market whether buy or sell entry.


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    11. #46
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      Candlesticks are visual bars that are formed from market transaction data at a certain time period which includes the opening price (open), the highest price (high), the lowest price (low) and the closing price (closed).


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    13. #47
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      The four elements in the candlestick pattern are called OHCL. The price recorded on a candlestick in a small time frame when accumulated will be a candlestick at a large timeframe, or it can be said a large timeframe candlestick is the result of a merger of transaction data on a smaller time frame.


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    15. #48
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      forex trading using candlestick form chart does indeed give us a better analysis than with any other chart. until now I still use candlestick form to help my analysis from a line of the form only resembling the chart up and down only. show rustic name gives us the ease of getting to know a wide variety of patterns and trends that are happening will happen. From any form of candlestick has a meaning which is able to analyze the market to start changing trends in progress.


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    17. #49
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      There are so many theory for traders to learn basic of candlestick on forex, many expert and experienced traders have shared their knowledge for free about candlestick pattern.
      Is it will be good or not that is depend on how your learn and practice till get good trading results.


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    19. #50
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      By the candle sticks i have learned about market situation about ups and downs the black candle is for down moving and the white candles are showing up moving of market currency rates


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