The Harami candlestick pattern is frequently used in forex trading to identify trend reversals or extensions. Technical traders respect the indications produced by the Harami candle which makes this ...

Aspiring forex traders will generally benefit from developing the ability to interpret and analyze market data. Among the tools and techniques available to currency traders to do this, candlestick ...

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 ...

Understanding candlestick chartscontinues to be the backbone of price action analysis for the Forex market. Oncetraders understand the basics, they can then begin to compile a series of candles to ...

-- Buy the AUD/USD pair and set a take-profit at 0.6600. -- Add a stop-loss at 0.6450. -- Timeline: 1-2 days. Bearish View -- Sell the AUD/USD pair and set a take-profit at 0.6450. -- Add a stop-loss ...

Understanding the candlestick chart is an essential skill for anybody who wants to master trading truly. This is traditionally a pattern chart that can help determine price direction and identify when ...

Candlestick signals provide an immense advantage to investors when pin pointing the best trades in the market. The implied logic built-in to the signals creates a platform that always places the ...

An advance block is a bearish reversal pattern in candlestick charts, signaling potential trend shifts. Learn its ...

The origins of candlestick charting can be traced to the rice futures markets of 18th-century Japan. A merchant and trader named Honma Munehisa from the town of Sakata is widely credited as the father ...