• Like
  • Save
Candlestick Charting Explained - how to read and profit
Upcoming SlideShare
Loading in...5
×
 

Candlestick Charting Explained - how to read and profit

on

  • 2,509 views

Candlestick charts are one of the most commonly used tools in financial trading and technical analysis. Stock, forex and day traders use these charts daily to follow assets and profit from their ...

Candlestick charts are one of the most commonly used tools in financial trading and technical analysis. Stock, forex and day traders use these charts daily to follow assets and profit from their behavior. Learn how to read candlestick charts and what they mean.

Statistics

Views

Total Views
2,509
Views on SlideShare
2,508
Embed Views
1

Actions

Likes
0
Downloads
72
Comments
0

1 Embed 1

http://candlestickprofits.com 1

Accessibility

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Candlestick Charting Explained - how to read and profit Candlestick Charting Explained - how to read and profit Presentation Transcript

    • Binary OptionsCandlestick Charts & Patterns By the experts at TradeOpus.com
    • What are Candlesticks?Candlestick charts are an analysis tool used byfinancial traders to give insight into an asset’sbehavior over a certain time.They visually represent different details about eachasset in an effective, simple graphic way.As such, a lot of information can quickly and easilybe interpreted by a trader and decisions made. Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • History of Candlestick ChartsCandlesticks were created by Sokyu Honma, aJapanese rice trader, hundreds of years ago.Since then, they have acquired such animpressive reputation as a powerful analyticaltool; they are still widely used by binary optionstraders today. Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • How To Read ThemEach candlestick is represented by 4 price points:• Closing price• Highest price “Body”• Opening price• Lowest price HIGHThe distance between theclosing and opening values isdefined as the ‘body’. LOW Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • How To Read ThemWhen the closing value is higher than the openingprice, then the candlestick is bullish (going up) andits body normally has a white (or green) color.Alternatively, a bearish (going down) candlestick isformed whenever the opening price is above theclosing value. This is usually black (or red). Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • How To Read ThemThe distance separating the highest price andclosing price of a bullish candlestick (or highestprice and open for bearish) is known as the ‘wick’.In addition, the distance separating the lowestvalue and opening value (bullish) and lowest priceand close (bearish) is referred to as the ‘tail’.In simple English…. Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • How To Read ThemThe top part of the candlestick (above the body)is the “wick”. “Wick”The bottom part(below the body) isthe “tail”. “Tail” Visit TradeOpus.com →www.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com
    • More ResourcesFore more trading resources, articles andstrategies visit TradeOpus.com – your financialtrading authority. Click here to visit TradeOpus.com Follow us for more: For honest reviews and to download our free trading guide, visit TradeOpus.com today. Like | Follow | Watchwww.TradeOpus.com Candlestick Charts & Patterns www.TradeOpus.com