February 2012
Beginner to intermediate
384 pages
8h 23m
English
Content preview from Bloomberg Visual Guide to Candlestick Charting
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Candlesticks and Their Attributes
Candlestick attributes features and trend indicators found on every candlestick. The value to this form of charting is found in the fact that all pricing data for a session is easily identified at first glance and that viewing a series of sessions helps traders easily identify momentum, direction, and reversal.
KEY POINT:
Every candlestick provides price information in three major areas: opening and closing prices, trading range, and direction.
The attributes of every candlestick are defined in three areas:
- Opening and closing price. Each session’s opening and closing prices are found at the horizontal ...
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