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Wednesday, October 28, 2009

Learn Forex Candlestick

/ On : 8:46 PM/ Thank you for visiting my small blog here. If you wanted to discuss or have the question around this article, please contact me e-mail at herdiansyah hamzah@yahoo.com.
Candlestick patterns is the oldest forex analysis tools, developed by the Japanese in the eighteenth century with the theme started selling rice.

They are used to pull the bars represent the market every day, and said opening, the highest level, the lowest close of the rice trade.

They have the color of the distance between the opening and closing of markets in the form of a rectangle, so that each negotiation bar look like a candle, which is how the name Candlestick patterns as we call today.

This idea has formed a picture of her in your mind a certain extent, like candles. This technique is still relevant after several centuries, and go to the West in the early 20th.

Now they had reached a point where most systems offer Candlestick Chart Patterns exchanges to study trends in currencies.

Note that each candlestick bar with most of the final price of the opening price is the color with lighter color to make a difference, while the dark candles symbolize the opening of the beams in terms of trade that Trade is the closure of the color red.

Now a days, and Forex Trading Systems and provide the color change facilities, and the color of candlestick charts that the interest of your body may change.

Forex candlestick pattern is the oldest instrument of analysis that has attracted the attention of many traders and a tool implemented on a large scale in today's world of Forex Trading Environment.

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