This academy helps beginner traders understand charts and sets them on the path to further learning about trading.
This academy helps beginner traders understand charts and sets them on the path to further learning about trading.
[ I recomand ]
Click on the logos to download
make a demo account on mt5 / Trading View or use a broker which you can make a demo account(aka trade with paper money and not real money to not risk real money)
[ I recomand ]
Click on the logos to download
make a demo account on mt5 / Trading View or use a broker which you can make a demo account(aka trade with paper money and not real money to not risk real money)
So lets start with the candlesticks
more about candlesticks : Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies. Many algorithms are based on the same price information shown in candlestick charts.
So lets start with the candlesticks
more about candlesticks : Candlestick charts are used by traders to determine possible price movement based on past patterns. Candlesticks are useful when trading as they show four price points (open, close, high, and low) throughout the period of time the trader specifies. Many algorithms are based on the same price information shown in candlestick charts.
there are 2 types of candlesticks, bullish and bearish
more about bullish and bearish:"bullish" means an investor believes a stock or the overall market will go higher."bearish" is the term used for investors who believe a stock will go down.
there are 2 types of candlesticks, bullish and bearish
more about bullish and bearish:"bullish" means an investor believes a stock or the overall market will go higher."bearish" is the term used for investors who believe a stock will go down.
"The exchange offers enough money for everyone. It doesnt make my cake any smaller.So why not help others make money as well?"
"The exchange offers enough money for everyone. It doesnt make my cake any smaller.So why not help others make money as well?"
"traders dont listen to social media, Losses are actually a proof that you are a real trader, without losses you cannot actually trade, its a part of the business."
"traders dont listen to social media, Losses are actually a proof that you are a real trader, without losses you cannot actually trade, its a part of the business."
"Traders have the patiency of a sniper."
"Traders have the patiency of a sniper."
each candlesticks have Body, Upper Wick ,and Lower Wick.
they also have High, Low, Close, and Open, the wicks show how high and how low the candlesticks went, the body shows where it opened and closed
each candlesticks have Body, Upper Wick ,and Lower Wick.
they also have High, Low, Close, and Open, the wicks show how high and how low the candlesticks went, the body shows where it opened and closed
there are buying pressure and selling pressure in the markets,
"buying pressure" is when you see a candlestick with a long bottom wick and a short upper wick, which means there is a high chance that the next candlestick is going to be "bullish" , and "selling pressure" is when you see a candlestick with a short bottom wick and a long upper wick, which means there is a high chance that the next candlestick is going to be "bearish".
there are buying pressure and selling pressure in the markets,
"buying pressure" is when you see a candlestick with a long bottom wick and a short upper wick, which means there is a high chance that the next candlestick is going to be "bullish" , and "selling pressure" is when you see a candlestick with a short bottom wick and a long upper wick, which means there is a high chance that the next candlestick is going to be "bearish".
more information such as (candle stick patterns, tools setting .etc) is comming soon
more information such as (candle stick patterns, tools setting .etc) is comming soon