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Tuesday, June 21, 2011

Currency forex trading candlestick

Currency forex trading candlestick

This is the type of table used to predict price movement. It is developed by Munehisa Homma, the Japanese merchant, in 1700's. Is that correct? Well, nothing works all the time to market. But he (read: Munehisa Homma) claims that more than 100 consecutive winning trades using this method!

Well, now we begin to learn the basics of knowledge lighthouse. There are two types of lamp in accordance with its opening and closing price position. These are:

1st Empty / Clear beacon, which describes the force

The bottom corner is the opening price and the corner is closing cost. Keep in mind that some of you might have a different color with mine. Check that the background Currency forex trading candlestick pattern. If your black then you should empty lighthouse painted black as mine.

But if your background pattern is black, then empty your beacon will have the same color as your background color scheme is.

2nd Shaded lamp, which describes the failure

The upper corner is the Currency forex trading candlestick opening price and the bottom corner is the closing price. Keep in mind that some of you might have a different color with mine. Check that the background pattern. If black then your lamp shade has white colored, like mine.

But if your background Currency forex trading candlestick pattern is black, then your lamp will be shaded a different color as your background color scheme is.

Explanation:

1st The real body is the shape that starts from the opening price, and finish the final price.

2nd Shadows describe the period of high and low levels of that period.

3rd Range (real body + shadow) is the lighthouse. It starts from high and ended low.

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