Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Technical traders are confronted with many choices when it comes to charting. More often than not Forex charts are defaulted with candlestick charts which differ greatly from the more traditional bar ...
What does a modern stock market analyst and a 17th century Japanese rice trader have in common? A little more than you may think. In fact, both have been known to be fond of a very particular charting ...
Candlesticks are a symbolic representation of the price action of an asset during a specific period of time, and they display the high, low, open, and closing prices of the said asset. To trade any ...
Candlestick patterns are widely used in technical analysis to predict future price movements in financial markets. By analyzing the shape and formation of candlesticks, traders and investors can gain ...
In this post we will review the different types of charts you can use to perform technical analysis on foreign exchange (forex) currencies. Although we are focusing on forex technical analysis, the ...