Used by many traders tables candles and learn Japanesequickly search for these, such as candles and candle doji dojihammer hammers and Hanging Man hanging man. However,few traders believe that emotions are caused by these different forms of candles. But, understanding the psychology can can give you an idea of what surrounds him market.
Body of the candle is the heart of the movement of the price. The longer the body, the stronger the movement of the price. Forexample, if the price began to fall, and the long body of the candle, the bearish move will increase. And be more sellers thanbuyers. The long objects to that fear is the dominant emotion. Iftraders continue to lucrative long transactions, they are selling to avoid the loss of what might Rbhoh. The traders who boughtrecently are afraid of the continued price movement against them. And decide to cover their positions in and out of the market.
On the other hand, if the objects began to decline in price during the candles at a young age, they point to the disappearance ofvendors - everyone wanted to sell did so and may enter thebuyers market. Emotion has changed to a more optimistic hopethat when you buy a good price.
Body of the candle is the heart of the movement of the price. The longer the body, the stronger the movement of the price. Forexample, if the price began to fall, and the long body of the candle, the bearish move will increase. And be more sellers thanbuyers. The long objects to that fear is the dominant emotion. Iftraders continue to lucrative long transactions, they are selling to avoid the loss of what might Rbhoh. The traders who boughtrecently are afraid of the continued price movement against them. And decide to cover their positions in and out of the market.
On the other hand, if the objects began to decline in price during the candles at a young age, they point to the disappearance ofvendors - everyone wanted to sell did so and may enter thebuyers market. Emotion has changed to a more optimistic hopethat when you buy a good price.
