A talk on Candlesticks in forex

[Judy Mank]

Now one little question. Do you know that the candlestick charts are more powerful than the normal common line charts we get to see regularly? The candlestick is very aged and has been in effective operation for quite some centuries- over three hundred years. One who has been using them wouldn’t doubt me when I say that the candlestick chart is vehemently efficient when trying to identify trends. On an introductory note for those who know less about it, the candlestick is a slim vertical line which appears to display the trading range for an interval- precisely a period. If the vertical line shows a wide bar, it is telling the differences between a close and an open. A large combination of candlesticks, say a series indicates a trend. You can dispute the place or relevance of trends in charting