Japanese Candlesticks
Japanese Candlesticks are gaining popularity among individual traders,mainly because they are easier to learn and interpret versus bar charts. Of equal importance is the fact that they fall into the category of leading indicators.
Unlike lagging indicators (for example; a moving average) which appear after the fact, the Japanese Candlesticks signals are leading indicators because they provide early warning alerts to possible price movements. When you see one of these alerts confirmed by moving averages, they can provide profitable trade opportunities.
I’ve provided detailed explanations and illustration for each of the Major Japanese Candlestick Signals in the Japanese Candlesticks category of my Blog. For quick identification; the individual signal links are listed below.
Engulfing Signals Bullish Engulfing Signal Bearish Engulfing Signal
Hammers – Candlestick Hammer Signal Inverted Hammer Signal
Kicker Signals – Bearish Kicker Signal Bullish Kicker Signal
Stars – Shooting Star Evening Star Morning Star
Harami Candles – Bearish Harami Bullish Harami
Kicker Signals – Bullish
