Categorie: Recreation
Submitted 10 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
Since some people who visit the site may not be aware of what Candlesticks are, I thought I'd post this which is a very abbreviated description: Some people believe that Candlesticks are simply ornaments meant for burning candles, but when Candlesticks are referred to in discussions about the stock market, they are referring to “Candlestick Charts” which are a visual aid for those who trade in the stock market. Candlestick Charts are said to have been invented by a Japanese rice trader sometime during the 18th century. Today, Candlestick Charts are the most commonly used forms of display for stock market pricing due to their flexibility (versus bar charts or line charts). There are multiple forms of candlestick chart patterns here is an overview of just a few of them: To signal an uptrend in pricing, there would be a 'white candlestick' which may occur in different lengths with the longer body being a more significant price increase. To signal a downward trend in pricing, there would be a 'black candlestick' which may occur in different lengths and the longer the body the more significant the price decrease. <p...
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Submitted 10 months ago by
Dmartel
, Free Lance Writer
at Affordable Web Design and Marketing
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