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Candlestick analysis? Is it an analysis on candle holder? Sorry, the candlestick that I’m talking about now is not the holder for candle but it is a technical analysis for trading.

What is candlestick Analysis?

The first time I came across the words “candlestick analysis” was the time I learn about Forex trading. This is a kind of famous technical Analysis that using a special charting, usually called candlestick charting, to predict the trend of the market.

Candlestick charting originate from Japan and the first candlestick charting appeared sometime after 1850. This system was developed by a rice trader in Japan, Homma. After some modification and refining, this old trading system was transformed to become today Candlestick Charting.

Many traders are using this technique to detect and predict the market trend. From my own experience, in most cases, the results are quite accurate. This is why I want to introduce this technical analysis to you and if possible, please spend some time to learn it. It definitely will be a weapon for you to achieve financial freedom. At least it can help you to make money from trading.

Where to learn Candlestick Analysis?

Now I think you are ready to learn what candlestick analysis about. I already did some research over the internet and found some sites that might help you on this.  

Stockcharts.com – This is the most completed and free simple course that I can find from the internet. In this site, you can learn about the history, formation of candlestick chart and some candlestick signal that you must learn to predict the market trend. This is quite a complete site.

TradingDay.com -  Under the candlestick tutorial, you can learn more about candlestick. Besides that you can also learn the daily and weekly candlestick play instruction. All details and explanations are there to make you clear with the chat and theory. 

Candlestickshop.com – This actually a page that contain the glossary for candlestick. The page is simple and I think this can be your quick reference site.

 
Japanese Candlestick Charting Techniques, by Steve Nison – I learn the candlestick through this book. Actually this book was given by my mentor. Inside there the explanation is detail and come with a lot of example. So far I found that this is a good book or candlestick dictionary that you can keep for your trading.

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