Trading markets is about understanding how the price of an asset moves as new information is being priced-in and -out of the price. The art of reading charts is called price action, and there are different ways of interpreting price action to better understand the mood of traders, and one way is the use of Japanese candlesticks.
In this video, we will explain to you what price action is and how knowledgeable traders analyse it to trade the forex markets.
We will also show you how to read the signs that the market sending us and use candlestick to simplify the process of trading.
You will pick up the most important candlestick patterns, and learn how to use them when trading.
We will also show you some real examples to show you how an experienced trader would use the typical patterns to trade.