- What is a Japanese Candlestick?
- Sexy Bodies and Strange Shadows
- Basic Candlestick Patterns
- Reversal Patterns
Sexy Bodies and Strange Shadows In Forex
Sexy Bodies
Just
like humans, candlesticks have different body sizes. And when it comes to forex
trading, there’s
nothing naughtier than checking out the bodies of
candlesticks!
Long
bodies indicate strong buying or selling. The longer the body is, the more
intense the buying or selling pressure.
Short
bodies imply very little buying or selling activity. In street forex lingo,
bulls mean buyers and bears mean sellers.
Look
for a white candlestick to close above the long black candlestick’s open.