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Showing posts from December, 2016

Best candlestick pattern to trade

Candlestick charts give the visual illustration of the decision making process of major market players and highlights the emotions influencing their decisions. The visual illustration provided by candlestick charts give candlestick traders the ability to see when the overall market sentiment is changing and to quickly act upon that change. By recognizing candlestick signals and reversal patterns, candlestick traders can position themselves on the right side of a trend and profit from a price action influenced by a news report released five or seven days later. Knowledge of candlestick analysis combined with technical analysis (support, resistance, trend channels, moving averages…) give candlestick traders the ability to identify the current market trend, recognize a change in market direction and place trades with greater confidence and greater results. So, what is the best candlestick pattern to trade? The kicker pattern. The