Daniel Education

2021-10-28 13:29:35 hello Open / Comment

2021-09-13 06:46:36 Open / Comment

2021-09-13 06:46:33 Open / Comment

2021-09-13 06:46:28 CANDLESTICK PATTERN

One of the most powerful trading concepts, easy to recognize and is a profitable Trading Setup.

Studies have confirmed that this PATTERN has a high predictive value. Candlestick pattern is like a language for us to understand about the market that has taken place. Open / Comment

2021-09-13 06:46:21 OPEN HIGH LOW CLOSE (OHLC)

If CLOSE is above OPEN, it can be said that the CANDLE will be BULLISH which means the stock market is going up.

Also, if CLOSE is below OPEN, we can say that the CANDLE will be BEARISH which means the stock market is declining.

Other than that, body length refers to STRONG BUYING or SELLING PRESSURE.

If there is a candle that is CLOSE above the OPEN with a long body, it means the boom of the BUYER is stronger and they will take over control of the Market in that time.

On the other hand if the BEARISH candle which is OPEN above CLOSE with a long body, it means SELLING PRESSURE controls the Market in that time.

The short and small body, on the other hand, shows little activity of buying or selling. Open / Comment

2021-09-12 13:33:52 BAR CHART

It is a combination of all lines (vertical and horizontal) formed in one component.

A bar is just a segment of time, whether it's a day, a week, or an hour. So we can combine the bar chart according to the Time Frame used. Open / Comment

2021-09-12 13:33:49 CANDLESTICK CHART

Shows the same price info as the Bar Chart, but in a more perfect graphical format.

The Candlestick Chart also shows the range of the highest price to the lowest price, not with a vertical line, but in the form of a rod.

However, in a candlestick chart, the stem (or body) shows the range between the opening and closing prices. Open / Comment

2021-09-12 13:33:47 LINE CHART

The chart is in the form of a simple line, in which the line connects from one previous closing price to the next closing price.

By looking at the series of lines, we can see the general price movement of a currency pair over a period of time. Open / Comment

2021-09-12 09:27:21 Open / Comment