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Candlesticks Articles


Advanced Candlestick Pattern Analysis by Mark Deaton
Whilst the simplest candlestick patterns can be successfully recognized by virtually any trader regardless of experience, there are some more advanced patterns which require a bit more skill to successfully identify and often these patterns can lead to excellent profits when interpreted correctly. Often these patterns can contain three or more candlesticks and they must contain very specific characteristics in order to work correctly... READ MORE

Advanced Techniques in Candlestick Patterns by Mark Deaton
Candlestick patterns have been used for hundreds of years to predict and plan things from rice demand in Japan to financial securities in the Western world. Due to its longevity in the world of business and finance, candlestick patterns are often one of the first things that traders learn to utilize. However, a basic knowledge of these formations may not be enough for many traders to use them to bring about successful results... READ MORE

Basics of Candlestick Patterns in Stock Trading by Mark Deaton
There is an analytical tool commonly called candlestick patterns that is used often in the analysis of stock trading. Many people have found success using these patterns across different types of investments. This article will present a brief outline of the origin of this tool and its basic understanding... READ MORE.

Bearish and Bullish Harami Patterns by Mark Deaton
Both the bullish and bearish harami candlestick patterns are amongst the most consistent and most popular signals available to the trader. They tend to appear towards the end of an uptrend or downtrend and suggest that the next market movement will be in the opposite direction. They are simple to recognize and occur fairly frequently which makes them particularly popular with novice traders... READ MORE

The History and Truth Behind Japanese Candlestick Patterns by Mark Deaton
Japanese candlestick patterns, as the name indicates, were invented in Japan. They were developed for use as a form of technical analysis to increase profits in rice trading. This investment tool is known to have been widely used as far back as the 17th century; there are a few references that suggest it may have been in existence in some form before 1600. Legend has it that the creator of this type of chart lived some 500 years ago and used his system to become extremely wealthy... READ MORE

How to Find High Profit Japanese Candlestick Patterns and Turn Then Into Cold Hard Cash! by Mark Deaton
When you want to identify high profit candlestick patterns, look for recent reversal and continuation patterns first. Start by reviewing the most recent candles (the last day or so on a daily chart) and work your way back in time. These recent candles are the most relevant and are the best predictors for what is likely to happen next... READ MORE

High Profit Japanese Candlestick Continuation Patterns - How to Nail These Patterns Like Clockwork by Mark Deaton
The top and bottom of a trend are often difficult to predict accurately until the patterns within the chart become more concrete. It is fairly easy to find out where the support and resistance lines lie; but it is frequently unclear whether these tests will actually break a current trend. You simply won't know for certain until the line is crossed. However, Japanese candlestick continuation patterns do offer strong clues as to what is about to occur as those support and resistance points draw near... READ MORE

Bear Market Candlestick Pattern Mastery - Master These Patterns and You Will Love Bear Markets by Mark Deaton
Bear market turns can be some of the most profitable trades you are ever fortunate enough to be in on. The key is when and where to enter these high profit turns. Planning these bearish entries with a full blown market turn and a potential correction in mind is the key to coming away unscathed, in the event that your timing was off... READ MORE

15 Bullish Candlestick Pattern Money Makers - The Keys to Doubling Your Account Fast! by Mark Deaton
For almost every bearish signal, there tends to be an equal and opposite bullish candlestick pattern. For example, signals suggesting a bearish Dark Cloud Cover would become a bullish Piercing the Line when reversed and inverted within the proper corresponding trend. To make this even more confusing, some bullish and bearish candlestick pattern signals have very similar names... READ MORE

Amazing Reliability of Candlestick Patterns by Mark Deaton
Just because a particular pattern signaling a reversal of trend emerges, this doesn't mean that the predicted move is "real". While some Japanese candlestick patterns are more reliable than others, no model is completely foolproof. That's why it is important for you to look for confirmation with other technical analysis tools... READ MORE

The Power of Understanding Candlestick Reversal Patterns by Mark Deaton
Candlestick reversal patterns are one of the most powerful tools to identify the start of a new trend. Becoming proficient in recognizing these power patterns is crucial to a lucrative trading endeavor... READ MORE

Using Candlestick Charts For Day Trading by Mark Deaton
If you are a day trader, your goal is to profit from market price fluctuations on a daily basis. Using candlestick charts for day trading is one way to stay on top of what is happening. You need every possible advantage to keep one step ahead of other traders... READ MORE


What Are Candlestick Chart Patterns? by Mark Deaton
Candlestick chart patterns offer independent investors and financial institutions a way to look at price fluctuations from a unique perspective. These charts are most commonly used for day trading stocks, commodities, and currency (forex)... READ MORE

The Power and Strength of a Candlestick Pattern Signal by Mark Deaton
Candlestick patterns that create wealth. The true confirmation of a the beginning and end of trend... READ MORE

Candlestick Patterns and Market Reversals by Mark Deaton
Can a series of candlesticks predict or elude to a potential market reversal? That's a good question and the answer may surprise you. I think the goal should be to accurately predict the market reversal and in so doing one would want to do so with as much precision as possible... READ MORE

Popular Candlestick Patterns in a Bull Market by Mark Deaton
A bull market is the most obvious example of an investment opportunity - it is clear that the stock is climbing and it shows signs that it will continue in that vein. Identifying a bull market is not especially difficult - any graph representing stock prices in that market will be marked by a continuous upward line. However, there is some variation in the way that market data is depicted... READ MORE

Japanese Candlestick Terminology by Mark Deaton
Candlestick patterns are not only a reliable and simple way to follow stock prices, they are also a way of finding out a lot about another culture and language. Although a stock trader's first priority will not be to enrich their cultural experience, it is extremely helpful to have an element of understanding when it comes to why the terminology we use in discussing candlestick patterns is what it is. The reason for this is that Candlestick patterns originated in Japan where not only is the language different, but the way in which things are expressed within that... READ MORE

Analyzing Past Candlestick Patterns by Mark Deaton
The use of candlestick patterns to analyze the way that the market is going has become more and more prominent in recent years, as it becomes clear that the user-friendly way that the data is displayed is backed up by a tendency to accurately foreshadow future moves in the market. By reading candlestick patterns we can say that a stock is exhibiting signs of a likely future recovery, or a potential drop. This is because not only does it demonstrate what a stock has done on a given day, but also how the stock went about it... READ MORE

Technical Trading and Candlestick Charts by David S Adams
While candlestick charting originated in Japan in the mid-17th century, it has enjoyed a renaissance of late as traders have learned to apply the principles of this system to modern day futures trading. I give a brief description and history of candlestick charting and recommend learning the system to improve your personal futures trading system... READ MORE


Candlestick Forex Trading
Candlestick charts are claimed to be the oldest type of charts used for price prediction. It all started around 1700s, when Munehisa Homma in Japan
became a legendary rice trader for predicting rice prices using Candlestick Charts. Candlestick chart patterns are exceedingly popular in forex trading because of their dynamic features and versatility. On all charts, users can toggle between line, bar and candlestick chart view. Candlestick Charts are usually very colorful charts as compared to conventional charts. Different colors are used to indicate different nature of price movement. Four prices are of utmost importance in constructing the Candlestick Chart- High, Low, Open, and Close... READ MORE


Candlestick Patterns in a Bear Market by Leroy Rushing
As we entered into 2008 with the worst start to a trading year in history, traders still remained conflicted as to whether or not we were entering into a
bear market. Last week, the numbers of our economic situation became clear, as we experienced a second month of lowered GDP growth – meaning
we are one month away from being in an “official” economic recession... READ MORE


A Simple Approach to Candlsticks by Sam Evans

This week Sam explains how candlestick patterns will provide some powerful clues to what is going on in the market, but only if used in conjunction with another reliable strategy...  READ MORE