
Forex Trading Education : Candlesticks have grown in popularity a lot over the last decade and a bit and originally a guy by the name of Steve Nison introduced them to the western worldven though the scope of candlestick charting is extremely wide and varied we are going to concentrate on what a solid candlestick means when looking at the chartshe first thing you may possibly note about candlesticks is that you can have open and solid candle and you typically have different colour candlesticks too, namely red and greenn Open CandlestickAn open candlestick simply means that the closing price for the day closed higher than where it opened at, resulting in a rise in the share expense between the open and the close Solid candlestickA solid candlestick means that the closing price for the day closed lower than where it opened at, resulting in a fall in the share expense between the open and close red candlestick A red candlestick typically refers to a down day relative to the previous trading dayor ... [Read More - Forex Trading Education]
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Forex Trading Education : Candlestick Charting What Does Solid Candlestick Mean
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