A very interesting and effective method of predicting rates in the foreign exchange market for many years continues to be a Forex candle analysis or, in other words, the use of patterns of technical analysis. The basic principle of Forex candlestick analysis is to find on the price chart standard patterns (reversal or continuation of the trend), the interpretation of which allows with sufficient accuracy to predict the further behavior of the financial instrument quotes.
Analysis of combinations of Japanese candlesticks and patterns of technical analysis - accessible, effective, free
At ForTrader.org we look at the basic Forex candlestick patterns, or candlestick patterns that traders have been using for decades, as well as the very new and improved figures of technical analysis, developed by the current and popular trading strategies of today. But most importantly, the analysis of Japanese candlesticks is suitable for both experienced traders and novice speculators. It is proved by stock exchange history.