The Japanese developed a method of technical analysis to analyze the price of rice contracts for trading. This technique is called Japanese Candlesticks also known as Candlesticks Charting. The first man who was credited with popularizing Japanese Candlesticks Charting was Steve Nison. Steve Nison has become recognized as the leading expert on Japanese Candlesticks Charting Techniques and Interpretations.
A Japanese candlesticks chart displays the open, high, low, and closing prices in a format similar to a bar chart, but in a manner that makes the relationship between the opening and closing prices very clear at first glance. Candlesticks charts are simply a quick way of looking at prices that does not involve any calculations.
Japanese candlesticks trading are an amazing discovery by a 17th century Japanese rice farmer from Sakata that will revolutionize how world markets are traded forever, and will make financial fortunes for those lucky enough to be privy to his secrets..."
Check out some of the Japanese candlesticks trading books, dvds and courses that will help you master trading with Candlesticks for better position entry, exit, target profits and small losses if the trade happens to go against you.
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