FOREX TRAINING CLASS LESSONS IN FIRST GRADE: JAPANESE CANDLESTICKS

  1. What is a Japanese Candlestick?
  2. Sexy Bodies and Strange Shadows
  3. Basic Candlestick Patterns
  4. Reversal Patterns

Sexy Bodies

Just like humans, candlesticks have different body sizes. And when it comes to forex trading, there’s

nothing naughtier than checking out the bodies of candlesticks!

Long bodies indicate strong buying or selling. The longer the body is, the more intense the buying or selling pressure.

Short bodies imply very little buying or selling activity. In street forex lingo, bulls mean buyers and bears mean sellers.

 Look for a white candlestick to close above the long black candlestick’s open.

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