Japanese Candlesticks

Thank you, Mr. Steve Nison, for "discovering" the art of candlesticks!

Lessons in Japanese Candlesticks

1. What is a Japanese Candlestick?

   Candlesticks are used to describe price action and can be used for any time frame.

2. Sexy Bodies and Strange Shadows

   Just like humans, candlesticks have different body sizes. As forex traders, it's important to take note of what type of body a candlestick takes!

3. Basic Candlestick Patterns

   What do spinning tops, marubozus, and dojis have in common? They're all basic types of candlesticks!

4. Lone Rangers - Single Candlestick Patterns

   What the heck is the difference between a hammer and a hanging man? Time to start learning about your basic candlestick patterns!

5. Double Trouble - Dual Candlestick Patterns

   They say that trouble comes in twos. Read on to find out how dual candlestick patterns may not necessarily spell double trouble for your account.

6. Three's Not A Crowd - Triple Candlestick Patterns

   In the forex market, three's not always a crowd. Not when you're talking about morning stars, black crows, and three inside up patterns, that is.

7. Japanese Candlesticks Cheat Sheet

   Think you're ready to spot basic candlestick patterns with blindfolds on? If not, don't worry! Here's a candlestick pattern cheat sheet just for you.

8. Summary: Japanese Candlesticks

   Here's a rundown of what you need to remember about Japanese candlestick patterns.

Forex Training in the School of Pipsology