The Japanese Candlestick Chart: Anatomy of a Candlestick (Body, Shadows, Open, Close, High, Low) Welcome, financial market enthusiasts! If you’re here, you’ve probably already encountered “Japanese candlestick charts,” one of the most powerful and intuitive tools available to every trader and analyst. Unlike simpler line charts, candlesticks don’t just show the closing price; they tell a true “story” of price action within a given period.Hey Trader! If you’re taking your first steps into the fascinating (and sometimes a bit chaotic) world of trading, or if you simply want to refresh your knowledge, there’s a fundamental starting point you can’t ignore: charts. They are our map, our compass, our magnifying glass for understanding what’s happening in the markets.Hello everyone and welcome back to our journey through the pillars of technical analysis! After exploring the fundamental principles of Dow Theory in previous parts, today we delve into the beating heart of this methodology: the different types of trends.
Understanding how Dow classified market movements is crucial for every trader or investor.Hello everyone, market enthusiasts and technical analysis curious!
We’re back with the second part of our journey into Dow Theory, the pillar upon which much of modern technical analysis is built. If in Part 1 (link to Part 1) we introduced the fundamental principles and the importance of trend, today we will delve into the beating heart of market cycles, exploring how trends develop through its three main phases: Accumulation, Public Participation, and Distribution.Hello everyone, market enthusiasts and those curious about the financial world!
Today we’re taking a leap back in time, specifically to the end of the 19th century, to explore the roots of modern technical analysis. We’re talking about Dow Theory, a set of principles formulated by Charles H.