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From
the ebook: A New Way to Look at Prices:
Would you like to learn about a type of commodity futures price
chart that is more effective than the type you are probably using
now? If so, keep reading. If you are brand new to the art/science of
chart reading, don't worry, this stuff is really quite simple to
learn...
Where do Candlesticks Come From?
In the 1600s, the Japanese developed a method of technical analysis to analyze the price of rice contracts. This technique is called
candlestick charting. Candlestick charts are simply a new way of looking at price; they don't involve any calculations...
There are two types of ways to analysis the price of a stock, fundamental analysis, and technical analysis. Fundamental analysis
is used to gauge the price of a stock based on the fundamental attributes of the stock, such as price/earnings ratio, Return on
invest, and associated economic statistics.
Traders love patterns. We
trade chart patterns, oscillator patterns, historical patterns,
cyclical patterns—you name the pattern, chances are there’s someone
trading it. Much of trading boils down to pattern recognition and
the ability to quickly identify and act upon profitable patterns as
they occur. This is particularly challenging for active futures and
options traders, who must read the patterns, make their decisions,
and place their orders within a matter of seconds.
Learn Forex Trading
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