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Understanding Candlesticks-Bullish Candlestick - forex fx

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  #11 (permalink)  
Old 07-26-2008, 02:50 PM
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Default Doji Star-Bearish

Doji Star -when ever this star occurs it means indecision and confusion inthe market, but after some time there is a clear trend formation an dyou sould wait until for evening star
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  #12 (permalink)  
Old 07-28-2008, 12:41 PM
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Default Shooting Star-Bearish

Shooting Star -After a strong move for quite some time we see this minor change in trend. a star occurs near the low price.
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  #13 (permalink)  
Old 07-28-2008, 12:44 PM
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Default Spinning Tops-Neutral Pattern

Spinning Tops -One of the neutral pattern occuring when ever there is equal distance between open and close, and high and low are relatively small
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  #14 (permalink)  
Old 07-28-2008, 12:47 PM
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Default Doji-Neutral

Doji - Always occurs where there is confusion and indecision among traders, the open and close are almost same, should be careful whenever it occurs
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  #15 (permalink)  
Old 07-28-2008, 04:31 PM
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Default Double Doji

Double Doji - two doji candles adjacent to each other showing a strong trend is on its way from a breakout after ongoing indecision or confusion. so always keep an eye on this
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