Quote from: Omega Weapon on February 08, 2020, 01:21:21 AM

Quote from: Janation on January 25, 2020, 03:10:03 AM

I am not good with it, to be honest, but I can suggest you this site.

https://www.tradeciety.com/the-basics-of-chart-reading/

I asked my friend about the candles they are talking about in the past since I am so left out when they talk about the price charts in the past. At that time we usually hang out and they would have this conversation where they would talk about the movements at the chart and they have this name for that. They just laughed at me and suggested this site to read for a start. I have some photos of the patterns of the candlestick chart, the same as Renko charts and point and figure charts.

It is important to learn as much as we can about that subject, even if you do not want to be a trader and you are an investor you can still use the charts to know the overall direction of the market and know if you are going to obtain profits or if you are going to face some difficult months and you will need to prepare yourself mentally for that, so even if you are an investor you can easily see that you can get some important benefits from learning this subject.

Able to read chart is one of the most important skill in trading because you will never know the price without reading it. I'm self taught trader which means I do not have mentor, I just finding information all of the internet. Most of the charts are consist of candle stick to easily interpret the part. Reading candlestick will be tricky at first but you can able to understand over time. It have 4 parts which is the open,close, high and low. If we have skill to read charts then we can form decisions that will can benefit us.