Bitcoin Forum
May 04, 2024, 04:21:04 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: what is japanies candle concept in trading ?  (Voting closed: February 23, 2020, 04:18:47 AM)
good - 0 (0%)
better - 0 (0%)
best - 0 (0%)
Total Voters: 0

Pages: [1]
  Print  
Author Topic: canles in trading  (Read 83 times)
techptcl786 (OP)
Jr. Member
*
Offline Offline

Activity: 1218
Merit: 1


View Profile
February 16, 2020, 04:18:47 AM
 #1

what is japanies candle concept in crypto  trading ??

NNNNNNNAeem Akhtar
1714839664
Hero Member
*
Offline Offline

Posts: 1714839664

View Profile Personal Message (Offline)

Ignore
1714839664
Reply with quote  #2

1714839664
Report to moderator
1714839664
Hero Member
*
Offline Offline

Posts: 1714839664

View Profile Personal Message (Offline)

Ignore
1714839664
Reply with quote  #2

1714839664
Report to moderator
1714839664
Hero Member
*
Offline Offline

Posts: 1714839664

View Profile Personal Message (Offline)

Ignore
1714839664
Reply with quote  #2

1714839664
Report to moderator
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714839664
Hero Member
*
Offline Offline

Posts: 1714839664

View Profile Personal Message (Offline)

Ignore
1714839664
Reply with quote  #2

1714839664
Report to moderator
1714839664
Hero Member
*
Offline Offline

Posts: 1714839664

View Profile Personal Message (Offline)

Ignore
1714839664
Reply with quote  #2

1714839664
Report to moderator
Kuffy
Member
**
Offline Offline

Activity: 127
Merit: 31

The real Jet Cash.


View Profile WWW
February 16, 2020, 09:28:17 AM
 #2

Candles are a simple method of representing price movements within a time segment. They show four price points - maximum and minimum ( wicks) and opening and closing prices ( the candle) The colour shows the direction of movement - red = bear, green = bull. You need to use some other indications to trade using candles, and two important ones are exponential moving averages, and volume. I use them for scalping Bitcoin, but it is a bit of an art form. There are loads of videos on YouTube about it, and here is just one ( not necessarily the best).
https://www.youtube.com/watch?v=ofltPl-52y8

Take care when trading Bitcoin, as it is extremely volatile, and you should expect losses as well as gains. Start small, and don't use money you can't afford to lose. Scalping is used to make frequent small gains, so don't become greedy, and learn to take profits and losses.
GmAdvice
Newbie
*
Offline Offline

Activity: 90
Merit: 0


View Profile
February 16, 2020, 09:16:45 PM
 #3

Japanese candlesticks are the most popular styles of financial charts used to describe price movements. It is used by most crypto traders for any type of trading style whether it’s shorting bitcoin, day trading or using indicators like EMA or CCI. Japanese candlesticks visually represent the price changes, using different colours to highlight the differences. By applying this style, crypto charts are extremely useful for traders as they allow them to predict price movements and make decisions based upon historical movements. Each candle shows four important pieces of information - the asset opening and closing price, as well as a high or low of that particular time frame. The central part of the candlestick is called “body” and it represents the price range between the opening and the closing price.
bL4nkcode
Copper Member
Legendary
*
Offline Offline

Activity: 2142
Merit: 1305


Limited in number. Limitless in potential.


View Profile
February 16, 2020, 10:51:58 PM
 #4

I don't know, but your question can be easily answered by simply using google, and even Investopedia or even wiki. There's no need of discussion here.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!