[HOME]
Sign-up for our 21 day free trial!

The contents on this page are a small sample of StockTradersHQ's member resources (FREE Trial!)


1. Our staff of professional technical traders analyze 1,000's of potential stocks every day to provide you with a list of stock picks with the greatest potential for explosive gains.

2. These stockpicks are traded with our real-time portfolio. Email alerts are sent for every entry and exit. Through the member-only website, you will have our support every step of the way.

3. Our subscription service provides all the resources, stock picks and tools an investor needs to make very profitable, consistent trades while maximizing gains and minimizing losses.

SEE OUR TOP PICKS FOR 2006...

Japanese Candlesticks

Japanese Candlesticks
Charts of stocks futures indices or any item that changes price over time can be drawn in a variety of ways. Line charts and bar charts are a couple of common ways. Japanese candlestick charts are another popular way of charting. 

The main difference between Japanese candlestick analysis and Bar chart analysis is that the Japanese candlesticks place the highest importance on the relationship between the open and close of the same period while bar charts place the importance on the close as it relates to the prior period's close. The same data that are available on a candlestick chart is available on a bar chart however; it is difficult to see quickly and requires more study. 

The candlesticks color each bar based on whether it closed above its open (green) or below its open (red) so it is easy to tell who won the battle on that bar for that particular time frame.  By winning the battle we mean the bulls or the bears. Note that a candle may be closing under the prior candle and still be green if it closed above its open. This could happen if the stock gapped down at the open and then recovered and closed above that opening price.  With bar charts as long as the stock closes higher than the prior day's close it is a positive. However according to the Japanese view this is not necessarily a positive development. If on an up day the stock closes below its open the Japanese candle stick would regard it as negative. 

The high and low of the day are called tails and they stick out above or below the colored body. These are also called wicks as in the wick of a candle. A long tail at the top of the candle shows the bears were able to move the stock significantly as the stock closed well off its high. A long tail at the bottom of the candle shows the bulls were in control and were able to move the stock back up significantly as the stock closed well off its low. 

The different shapes and colors that these candlesticks form can give short term clues and accurately predict the direction the stock may take the next day.  There are many types of candles too many to list in this commentary.  Also a variety of different shaped candles can make up other bullish or bearish patterns and these patterns also have names.  For instance a combination of 3 candles in a 3 day period could result in a bullish or bearish pattern when combined and these patterns will have names of their own. From my experience I have found that candlestick charting is much more accurate in the short term as opposed to predicting long term direction of stock price movement.  Candle stick charts are very useful for day trading.







Copyright 2003-2006 StockTradersHQ.com is owned and operated by The Winners Edge a subsidary of DMC Systems LLC. All rights reserved.   This web site is optimized for Internet Explorer 5.0 or greater!DISCLAIMER  [Articles| Bulletins| Charts]

^GoTo Top^

 
Buy Outlet Canada Goose Jackets Parka Online Buy Replica Prada Clutch Bags Online Buy Replica Hermes Birkin Bags Online Buy Replica Celine Clutch Bags Online Buy Replica Christian Louboutin Shoes Heels Online prada bags replica celine bags replica christian louboutin shoes replica hermes birkin replica canada goose jackets outlet Replica Canada Goose Jackets Parkas Coats Vests Outlet Sale Replica Hermes Birkin Bags Kelly Handbags Replica Prada Clutch Bags Messenger Handbags Outlet Sale Replica Celine Luggage Tote Bags Replica Christian Louboutin Shoes Heels Sandals Pumps Outlet Sale Canada Goose Jackets Sale Prada Mini Luggage Tote Bags Sale Hermes Birkin & Kelly Bags Sale Celine Mini Luggage Tote Bags Sale Christian Louboutin Shoes Heels Sale Celine Bags Luggage Tote Mini Outlet Sale Prada Bags Clutches Purses Outlet Sale Canada Goose Jackets Outlet Sale Toronto Christian Louboutin Shoes Boots Outlet Sale Hermes Bags Birkin Purses Outlet Sale Canada Goose Jackets Canada Goose Jackets Outlet Authentic Canada Goose Outlet Buy Canada Goose Outlet canada goose outlet cheap canada goose sale Canada Goose Online Jackets Canada Goose Parkas Outlet Buy Canada Goose Parkas Cheap Canada Goose Jackets Canada Goose Outlet online Cheap Canada Goose Men Jackets canada goose cheap canada goose men outlet canada goose outlet canada goose jackets sale Official Canada Goose Jackets Men Online Shop Official Celine Bags Luggage Tote Mini Online Shop Official Prada Bags Luggage Tote Online Shop Official Hermes Bags Birkin 30Cm Online Shop Official Christian Louboutin Heels Shoes Online Shop Designer Christian Louboutin Shoes Heels Sale Outlet Designer Celine Bags Luggage Tote Sale Outlet Designer Hermes Bags Birkin Sale Outlet Designer Prada Bags Messenger Sale Outlet Designer Canada Goose Jackets Men Sale Outlet Cheap Canada Goose Parka Canada Goose Jackets Online Hermes Bags Birkin replica Prada Bags Clutch Sale Replica christian louboutin shoes outlet Canada Goose Men Jackets Outlet celine Luggage Tote bags Canada Goose Outlet Store canada goose outlet Hermes Birkin Handbags Outlet Sale Celine Handbags Trapeze Outlet Christian Louboutin Shoes Outlet Sale Prada Handbags Clutch Outlet Sale Canada Goose Parka Outlet Sale canada goose mens parkas Christian Louboutin Shoes Outlet Celine Micro Luggage Tote Bags Outlet Canada Goose Jackets Men & Women Outlet Prada Clutch Bags Outlet Hermes Birkin Bags 30Cm Outlet replica hermes, celine outlet online, Replica Louis Vuitton, canada goose outlet store, canada goose outlet toronto factory Canada Goose mystique Canada Goose deal cheap louis vuitton Moncler Fran?aise replica tiffany & co www.crescenttravelclub.com Moncler Pas Cher Soldes en ligne Canada Goose Outlet Kijiji