Forex Tips : Candlestick Speaks

Candlestick has its own powerful meaning. At least you would know where you are now. Here's a simple view of the candlestick that I'm consider to use it.

For those playing smaller timeframe, candlestick doesn't use much, because you have to make your decision very fast. As we go along, you may come across that I'm using this more often.

 

 

  

 



 

TIPS: When EUR/USD M30 pushes up 72pips per bar within 30minutes, you could not expect it to be pushed it the second time, putting another extra72pips for EUR/USD.



This is only for illustration purpose.