Tuesday, May 11, 2010

Candlestick Charts Unveiled

ActionForex.com From Our Advertiser

The Secrets of Candlestick Charts Unveiled

Candlestick charts have been used for centuries by Japanese traders to forecast the ups and downs in the market. Now, you too can learn how to use this technical analysis tool to determine possible price movements in the financial markets.

The Secrets of Candlestick Charts Unveiled can shed some light on how:

+ The principles of candlestick charting, developed over 250 years ago in Japan, can help you today.
+ The appearance of candlesticks can help you determine the state of the market at a glance.
+ You can use candlesticks to find out if a current trend is market momentum or simply a spike.
+ You can spot possible one to three day patterns unfolding in the market.

When you know how to use candlestick charts, one of the many types of charts used to measure price movements, you can make decisions about the market quickly and with more confidence.

Doji chart for EUR/USD

In this EUR/USD currency chart, traders who saw the doji would probably have anticipated the uptrend's reversal. Learn more about the doji and other candlestick patterns with this free article.

*The example shown is for demonstration purposes only.

Learn more about these unique charts by clicking the button below.
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IMPORTANT NOTE: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts. Past performance is not necessarily indicative of future results. © 2010 Global Futures & Forex, Ltd. All rights reserved. CD05U.155.102108



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