Wednesday, December 17, 2008

How to use candle sticks in trading.

It is a matter of getting used to it, really. IMO, using the traditional line graph provide less information than candle stick chart, thus, I use candle sticks when looking at trends lines etc.

Candlestick chart is a style of bar-chart used primarily to describe price movements over time.It is a combination of a line-chart and a bar-chart, each bar represents the range of price movement over a given time interval. It is most often used in technical analysis of equity and currency price patterns.

So? For example, if you want to learn how to Trade the Hammer Hanging Man Candlesticks, then watch the video below: