Posted on March 30, 2009 at 13:26 in Uncategorized by Pierre CharleboisNo Comments »

I think it important to begin with the basics on Candles. So here is a quick review.

Candles are in a way a miniature chart within themselves. The wicks (or tails are they are sometime called) represent the high and low of the period and the body shows open and close levels. The color represents if the price was rising or falling.