Because Price not close down side 24 hour Candlestick low 


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Because Price not close down side 24 hour Candlestick low

reader’s message

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Sir

I see your this video https://www.youtube.com/watch?v=m-nfDt5GTs0

Please sir give me more example or detail why that trade are lost.

I will be waiting your best responce,

Thanks
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Because Price not close down side 24 hour Candlestick lowBecause Price not close down side 24 hour Candlestick low

What is a Japanese Candlestick?
Japanese candlestick analysis is perhaps the oldest of all the technical analyses.
Japanese created their old school version of technical analysis to trade rice in the 17th century.
Japanese candlesticks can be used for any forex time frame.
They are used to describe the price action during the given time frame.
Japanese candlesticks are formed using the open, high, low, and close of the chosen time period.
If the close is above the open, then a hollow or white candlestick is drawn.
They can also be shown by green candles.
If the close is below the open, then a filled or black candlestick is drawn.
Sometimes they are also shown with red candles.
The hollow or filled section of the candlestick is called the “real body” or body.
The thin lines poking above and below the body display the high/low range and are called shadows or wicks.
The top of the upper shadow is the highest price or high.
The bottom of the lower shadow is the lowest price or low.
The Japanese predictions have high accuracy rate than other predictions or analyses.http://www.candlestick-trading.com/candlestick-trading-result/
That’s why traders are using them more frequently to make the right call on their trading.
Instead of just watching the trend, people can actually get a perfect idea about what is going to happen next by analyzing the candlestick graphs.
That’s why technical trading and trading with the help of Japanese candlestick graphs are becoming more popular to the traders.
It also has decreases the rate of loss in the market among the traders.

https://youtu.be/VcnaMytb0v8

Candlestick Trading Result