Learn trading by Japnese candle for newbie
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  1. #1
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    Cool Learn trading by Japnese candle for newbie

    Untitled - Copy.png

    This thread is for all the newbie who have no idea to start trading. Experience traders know the trading through the study of the Japanese candle stick but I am creating this thread for newbie who will be easily understood the way of the trading simply following the bearish and bullish candle stick.

    In the above image i have shown the two types of candles.

    1. bullish candle

    2. bearish candle

    If you want to make trade in bullish candle then you must follow the bullish opening and closing points for yours trade. If you want to make trade in bearish candle then you simply have to follow the above image of bearish candle where you can see the order opening and closing points clearly. In this way you can just make trading simply just by following the candle stick pattern.

    Please ask anything or share yours valued opinion about my thread as I am always ready to learn more and more about the forex business.

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    Those who runs only they win the race of life.

  2. #2
    Trader musiliu's Avatar
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    Newbie should at least know the basic of candles, because it is best way the market price can be represented, a single candle shows a lot of information about the price for that timeframe, new traders should know the difference between bullish and bearish candle and also be able to recognize hammers, doji, pins, marubuzo etc

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  3. #3
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    Quote Originally Posted by musiliu View Post
    Newbie should at least know the basic of candles, because it is best way the market price can be represented, a single candle shows a lot of information about the price for that timeframe, new traders should know the difference between bullish and bearish candle and also be able to recognize hammers, doji, pins, marubuzo etc
    the candle stick then will be helpful when it has been learned the right way. the more reason why trader not get to make use of candle stick properly when he is trading . in the sense that they trades that they use that have formed but there should be some means of gauging it for more reliable.

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  4. #4
    Trader cutiekc's Avatar
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    The candle stick could be helpful when it has been learned the right way, the more reason why traders don't get to make use of the candle stick properly when trading is because they always do make use of it the wrong way, in the sense that they keep on taking any trades that they see that have formed, but there should be some means of gauging it to know the reliable one.

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  5. #5
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    That two candles show market strong trend on bearish and bullish side. That is very important thing if we are open sell orders after making bearish candle then next candle is make strong bullish then we need to closed it and if bearish candle make then we need to to closed buy order because that time market weak and may be its goes more down side.

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    Registered user mohabbat's Avatar
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    Three way to learn about market movements among them Japanese candlesticks are best and easiest way to learn. Japanese candlesticks are easy to. Watching the movement anyone can easily predict where market may reach. Bar pattern and line patterns are not useful like Japanese candlesticks. If you are newbie then do not try to learn the market movement by using any other pattern. Just use candlesticks.

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  7. #7
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    Very good and informative thread for the new traders to learn the trading by Japanese candlesticks patterns you can get good bullish and bearish candle patterns and also find good trend using the candlestick patterns, you can make your trading simple and easy and also you can earn good income...

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  8. #8
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    Japanese candlestick is really helpful in understanding the reversal and continuation of the market but you have to give one thing in mind that you should not tell any new be that he can make money only on the basis of Japanese candlestick because Japanese candlestick can sometimes become only a indication of the actual price action and the real analysis is done on the basis of Technical and fundamental grounds.

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  9. #9
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    Quote Originally Posted by ravian View Post
    Japanese candlestick is really helpful in understanding the reversal and continuation of the market but you have to give one thing in mind that you should not tell any new be that he can make money only on the basis of Japanese candlestick because Japanese candlestick can sometimes become only a indication of the actual price action and the real analysis is done on the basis of Technical and fundamental grounds.
    if we depend to indicators for trading and so good to trade when there is no news released or just low impact, and so we can see the pattern clearly and traders can make decision based on it, try to find the right timing for it, and also one thing that we need to always prepare ourselves to handle some situations which can come immediately, and it means, we need good protection for our order such as stop loss too,
    this pattern is effective at high time frames

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  10. #10
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    Japanese candlestick is really helpful in understanding certain perspectives of the market such as the opening and closing and their relationship with the direction of the market. But the real analysis is to be done on the basis of the fundamental news and the technicals that are fixed. so the Japanese candlestick alone can do nothing.

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