What is Japanese candle stick

[megatalk 7]

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

[Uttom Deb 333]

Different types of currency are sold for Japanese candle wood and there are various types of income that are expected to look good later.

[Jhadhasan 872]

Observing Japanese candles is a good thing, but you cannot rely on it alone. It is used to confirm the trend and not to enter deals, so we enter from the reflection areas where a reversal pattern of these candles is formed.

[Jbetancourt532 17]

The Japanese candle stick is one of the ways to represent the price in the graph, it is said that these are the ones that shows us in a simpler way both the maximum, minimum, starting and closing price.

[Ms.o 3322]

Japanese candle is one of the technical tanalysis tools in trading to analyze the movement of a certain tokens,most tratders used it to see the pattern and basing on a short term direction of the prices.

[khan188 536]

Well, Japanies Candle Sticks show the price action for the particular period of time. You can use them for your analysis like Candle Sticks patterns. But I will suggest to use them with other tools like Moving averages. 

[jacker 1095]

Japanese candles are an old chart type, they have been around for a long time and I've been using them for almost 2 years. I got into it to analyze and know my direction and make the right decision. I use it for both forex. but it is still only a small corner, work still needs other analysis

[George10 9932]

On 2/17/2020 at 7:58 PM, megatalk said:

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

Japanese candle stick is the chart display of price movements in candles and it is preferred by many traders because it helps sometimes to predict the market correctly.

[guatazoo 7150]

On 2/17/2020 at 8:58 PM, megatalk said:

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

For sure the really expert traders all are using candle stick to do the market analysis and mostly of the analysis that using candle stick is technical analysis. 

[Honny143 13612]

Japanese candle sticks really useful in any trading platform, because this candle indicates market which way goes if the candle indicate green signal mean market goes high, and red signal means market goes down and some times it's indicate doge signal hammer signal, so many expert traders read this signals then take trades, because trading is not prediction platform its need full knowledge to read market analysis.

[rahmi777 320]

For each candlestick shape indicates an upcoming movement, there is a group of traders who rely on these candles to enter your trades, which is a very effective method. 

[Sherrybhai 385]

Japanese candlestick are the technical analysis tool that traders use to chart and analyze the price movement of security.  The concept of this candlestick is discovered by homma a Japanese rice rider. Japanese candlestick provides good information about proce movement as compared to bar chart.

[mrboks1232 611]

On 17.02.2020 at 20:58, megatalk said:

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

I didn’t even imagine that some kind of Japanese stick could take into account where the rate of a particular currency would go. Are you sure it works?

[Masterrex 559]

On 2/18/2020 at 1:58 AM, megatalk said:

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

Yes Candlestick can be helpful in basing your decision while you are in trading session maybe  in forex or cryptocurrency, usually the candlestick has represented the traders mind and strategy including their state of opinion towards the market of that day, thats why its a useful tool and commonly uses by traders throughout the globe. 

[joemcgwa 3227]

Japanese candle stick are the forex bar chart that's used to show the price of the currencies also they are used to do analysis of the market technically, although there have others types of price chart such as bar chart and line chart.

[Amr90 1064]

Japanese candlesticks are among the best chart patterns that can be analyzed.
Each candle has 4 price, opening price, closing price, highest price and lowest price.
There is a bar pattern that resembles candles to some extent but does not form a candle shape or what is known as a candlestick body, and there is a linear pattern that never shows anything but a line moving with the price.
I advise any beginner to deal with candles, especially that the candles themselves have many different shapes and patterns that help to analyze the market better.

[maarcoferrer 1096]

I think that Japanese candlesticks are my favorite from the beginning when I started with Binary options, the market structure is represented more clearly and when analyzing is much easier to observe the wicks and the body of the candles with Japanese Candlesticks, I think it is the best tool to start trading and then also. So if you are just starting out, switch to Japanese Candlesticks at once!

[joemcgwa 3227]

Just now, maarcoferrer said:

I think that Japanese candlesticks are my favorite from the beginning when I started with Binary options, the market structure is represented more clearly and when analyzing is much easier to observe the wicks and the body of the candles with Japanese Candlesticks, I think it is the best tool to start trading and then also. So if you are just starting out, switch to Japanese Candlesticks at once!

Lol! You were firstly started trading with binary option trading directly, so when you lose what's you were thoughts, you were blaming that trading is hard, or you were always earning on lucky?

[selfmade 7]

On 2/17/2020 at 8:58 PM, megatalk said:

Is Japanese candle stick actually a good tool to analyzed the movement and behavior of price in forex and in ctypto trading.

Or there is others which could do better than the Japanese candles stick?

@maarcoferrer, @joemcgwa, @Amr90 There is one called Heikin Ashi candlesticks, these are better than traditional candlesticks whose charts display more consecutive colored which makes them easier to trace past prices.