Candle Stick Indices Price Action Trading PDF
How to Analyze Indices Price Action Trading Using Japanese Candles
The Japanese candles techniques also have very many stock indices trading price action pattern formations that are used to trade Indices. These stock indices trading price action patterns have different technical analysis interpretation & the most common are:
Inverted Hammer Candle Pattern & Shooting Star Candle Pattern |
Piercing Line Indices Candlestick Pattern & Dark Cloud Cover Candle Pattern |
| Morning Star Candlesticks and Evening Star Candlesticks |
The above indices trading action stock indices trading price patterns is what makes the Japanese candlesticks popular among technical indices traders & it is why this type of stock indices trading price action stock indices trading analysis are the most widely used when it comes to interpreting the stock indices trading market. The technical analysis for these stock indices trading price action indices pattern formations in indices trading is explained in the above indices candlesticks stock indices price action lessons.
How are Candlesticks used to Interpret Price Action Indices Trading Signals?
Stock Indices Candlesticks - is a indices trading price representation that uses the stock indices trading price data (open, high, low, and close of indices trading price). These candlesticks resemble a candle with wicks on both ends.
Rectangle part of the candlestick is called the body.
The high and low are described as shadows & plotted as poking lines.
Candle Stick Indices Price Action Trading - Candle Indices Price Action Trading Guide
The color of the candlestick is either blue or red
- (Blue or Green Color candlestick) - Indices Prices moved up
- (Red Color candle) - Indices Prices moved down
Most indices trading platforms like the MT4, use colors to mark the direction of the indices candlesticks. Colors used are blue or green: when stock indices trading price moves up, red: when stock indices trading price moves down.
Candle Stick Indices Price Action Trading - Candle Indices Price Action Trading Guide
When candlesticks stock indices trading price charts are used it's very easy to see if the stock indices price moved up or down as opposed to when a bar Charts are used.
Indices candlesticks and stock indices candlesticks patterns are commonly used in stock indices trading price action trading strategies used to trade indices.
