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Monday, June 23, 2008

Japanese candle stick

Japanese use candlesticks in determining profitability in trading. These apply to forex. With the understanding and application of Japanese candlesticks reversal patterns, forex traders can capture early market opportunies. The following are 12 major candlesticks reversal patterns a forex trader can profit from: Hammer, Inverted Hammer, Shooting star, Hanging man, Bullish Harami, Bearish Harami, Bullish Engulfing, Bearish Engulfing, Evening star, Morning star, Three white soldiers and Three black cows.

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