Candle stick pattern ki explanation

......... The candlestick's shadows show the day's high and lows and how they compare to the open and close............

A candlestick's shape varies based on the relationship between the day's high, low, opening and closing prices.........

Candlesticks reflect the impact of investors' emotions on security prices and are used by technical analysts to determine when to enter and exit trades.....

Candlestick charting is based on a technique developed in Japan in the 1700s for tracking the price of rice............

There are many short-term trading strategies based upon candlestick patterns, such as the engulfing pattern, harami, harami cross and evening star......

Recognizing patterns in the market is a critical resource for today's trader. Japanese candlestick charting, a centuries-old technique used to forecast price behavior, can be used to further the investor's understanding of dozens of frequently recurring market scenarios......

Combining candlestick charting techniques with traditional technical approaches creates a powerful formula for the savvy investor......

descriptions for the complete list of candlestick chart patterns utilized by IQ Chart, IQC's award-winning technical analysis charting software.....

Candlesticks provide unique visual cues that make reading price action easier. Trading with Japanese Candle Charts allow speculators to better comprehend market sentiment......

Offering a greater depth of information than traditional bar charts – where the high and low are emphasized – candlesticks give emphasis to the relationship between close price and open price......

Traders who use candlesticks may more quickly identify different types of price action that tend to predict reversals or continuations in trends – one of the most difficult aspects of trading.

Furthermore, combined with other technical analysis tools, candlestick pattern analysis can be a very useful way to select entry and exit points.....

The body of a candlestick illustrates the difference between the open and closing price.Its color (in this case, red for down and blue for up) shows whether the day’s (or week’s or year’s) market closed up or down......

........The wicks (or shadows) point out the extreme low and the extreme high price for the currency that day.......

......The wicks (or shadows) point out the extreme low and the extreme high price for the currency that day.........