• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Global Trading Tools

Premium financial market trading tools, software and training for traders and investors of all levels

TD365 - Indices Trading
  • ABOUT US
    • How Trading Tools Can Improve Your Trading
    • Stuart Young
    • Customer Testimonials
    • Trading and Investment Blog
  • the right TRADING SOFTWARE
    • Ultimate Moving Average Crossover Alert Indicator
    • Display NinjaTrader Instrument Description (Company Name) on Chart Indicator
    • Log Trades with Trading Journal Spreadsheet
    • Proprietary TMR Signal Indicator
    • Beyond Charts with Premium Data
    • NinjaTrader Trading Platform
  • the right TRADER EDUCATION
    • Lance Beggs ‘Price Action Trader’ Course
    • Traders Video Training Library
    • TraderWithin™ [coming soon]
    • Davin Clarke ‘Jumpstart Your Trading’ Course
    • Davin Clarke Trader Books
      • Trading Plans Made Simple [Paperback] by Davin Clarke
      • Options Made Simple [Paperback] by Davin Clarke
  • CONTACT US
Home » candlestick charts

candlestick charts

Candlestick Charts Made Simple

July 28, 2013 by Stuart Young Leave a Comment

Although bar and candlestick charts both display the same information (high, low, open, and close for a specified period), with bar charts the information may not always be immediately obvious at first glance. For example, did the bar close higher or lower than where it opened. With candlesticks this is obvious at first glance, without having to look closely at the little dashes on a bar chart to know this.

Candlestick charts highlight much more visually, the area between the open and close price, than on a bar chart. For many this can help quickly assess the prevailing market forces and help your mind quickly priortise things.

If you are interested to learn more about candlestick charts, we would like to offer you a complimentary copy of our “Candlesticks Made Simple” presentation.

This material will provide you with the fundamental knowledge necessary to help you begin using candlesticks in your trading.
 
Click here to view and download the presentation

 
An example from Global Trading Tools “Candlesticks Made Simple” presentation
(download link above):

Candlesticks Made Simple
 

Thank you and good trading.

Stuart Young

 

RISK WARNING:
You understand and acknowledge that there is a high degree of risk involved in trading securities, currencies/foreign exchange and/or derivative products. Trading securities, currencies/foreign exchange and/or investment in derivatives can be very speculative, involves considerable risk, may result in losses and is not suitable for every investor. Global Trading Tools does not take into account the objectives, financial situation or needs of individual users. Hence, You should carefully consider whether trading in securities, currencies/foreign exchange and derivative products is appropriate for You in the light of your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments such as share trading. As such, You could both gain and lose large amounts of money. You may sustain losses in excess of the moneys You initially deposit and also in excess of the margin required to establish and maintain any positions in leveraged products.
No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in any form of media (including but not limited to web sites, email, print or banner advertising, social media sites and/or Global Trading Tools affiliates) by Global Trading Tools.
The past performance of any trading system or methodology is not indicative of future results.

 
THIS ARTICLE IS FOR EDUCATIONAL PURPOSES ONLY.

Filed Under: Trading Strategies Tagged With: bar charts, candlestick charts, candlesticks, global trading tools, stuart young, trading tools

Primary Sidebar

Shopping Cart

Cart is empty (0)

What Our Customers Say…

The GTT video library is a fantastic resource and great value for money. There are so many videos and they are really in depth so you really get a great feel for the subject matter. The video reviews of students’ trades are very useful and consolidate the learnings from the other videos. Also Stuart is extremely helpful and professional to deal with. I highly recommend the video library.

Anne-Marie S, Adelaide

Footer

Indicators

  • Ultimate Moving Average Crossover Alert
  • Display NinjaTrader Instrument Description on Chart

Popular Products

  • Price Action Trader Course
  • Trading Journal Spreadsheet
  • NinjaTrader

Search

Shopping Cart

Cart is empty (0)

Need Help?

  • Contact Us

Connect with Us

  • Facebook
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Copyright © 2012-2023 Global Trading Tools. All rights reserved. Disclaimer | Privacy Policy | Terms/Agreements
Disclaimer:
1. Global Trading Tools is NOT a Broker Dealer or a Registered Investment Advisor (RIA). Global Trading Tools provides trading tools and engages in trader education & training.
2. The webinars, seminars and online training courses given by Global Trading Tools are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decisions you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.
3. * Testimonials displayed on GlobalTradingTools.com may not be representative of the experience of other customers/clients, and is not a guarantee of future performance or success.
4. Trading in futures, options and currencies can result is large returns, but also carries a high degree of risk. You must be aware of the risks involved and be willing to accept these risks in order to invest in these markets. Do not trade money you cannot afford to lose. You should consult with your own licensed financial adviser before You make any decision on the basis of any products, services or advice Global Trading Tools may provide.
5. The past performance of any trading system or methodology is not indicative of future results. View Full Risk Disclosure

CFTC RULE 4.41 Hypothetical or simulated performance results have certain inherent limitations unlike actual performance records: simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under or over compensated the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs, in general, are also subject to the fact that they are designed with the benefit of hindsight. No presentation is being made that any account will or is likely to achieve profits or losses similar to those predicted or shown.