Partner Center
Find a Broker
Definition
When referring to candlesticks:
The thin lines poking above and below the body display the high/low range and are called shadows.
The top of the upper shadow is the
Shadow
Categories
Common Trading Terms
Related Terms
-
If you’re looking for additional reading to supplement your forex trading education, you’ve come to the...
-
Fibonacci fans name derives from the fanlike appearance of the three trend lines shown. The Fibonacci fans...
-
Human behavior is not only reflected in chart patterns as large swings, small swings or trend formations....
-
The Chaikin Oscillator was developed by Marc Chaikin to compare volume and price levels for an asset. The...
-
Candlesticks that have small bodies with upper and lower shadows that exceed the length of the body. A very...
Related Articles
3 Ways Listening to Your Body Can Help You Become a Better Forex Trader
We’ve often talked about how your body is your most important tool in trading forex. In this piece, we’ll examine the ways being aware of your body can help you execute your trades more effectively.
Read More
5 Non-Trading Activities That Could Improve Your Trading Performance
Just because you’re improving your forex trading skills doesn’t mean you have to be in front of your charts all day. Here are five non-trading activities that might help you bring your A-game.
Read More
Daily U.S. Session Watchlist: USD/JPY
USD/JPY hits the daily watchlist as it dances around a strong area of interest. Will traders finally pick a direction with a heavy calendar of U.S. data on Friday?
Read More
USD Weekly Review (Sept. 23 – 27)
Another mixed week for USD as counter currency influences & geopolitical headlines were main drivers for the intra-week ups and downs.
Read More