Day Trading Candles and How to Read Them - Day Trading Back to Basics

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The Moving Average

The Moving Average

2 ай бұрын

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Just like a bar chart, a daily candlestick shows the market's open, high, low, and close prices for the day. The candlestick has a wide part called the "real body."
This real body represents the price range between the open and close of that day's trading. When the real body is filled in or black (also red), it means the close was lower than the open. If the real body is white (or green), it means the close was higher than the open.
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Пікірлер: 9
@krel4115
@krel4115 Ай бұрын
and the wick above represents the presence of sellers. and the wicks below represents the presence of buyers. a trader can gauge the strength of buyers and sellers by simply looking at the wicks...
@TheMovingAverage
@TheMovingAverage Ай бұрын
👍
@nsoformichael5186
@nsoformichael5186 Ай бұрын
Found your channel last week, and I've been soaking up all ya videos. Just starting out in trading and I would really appreciate if you maintain the educational quality of your videos, cos i would be lost without them. You're the only fx trader I follow on here. Thanks for all you do, and I pray that your cup never runs dry and may it be filled with the sweetest of wine🙏
@TheMovingAverage
@TheMovingAverage Ай бұрын
I appreciate you
@kevinbrown209
@kevinbrown209 Ай бұрын
Great ! Ready to make a million dollars.
@TheMovingAverage
@TheMovingAverage Ай бұрын
Best of luck!
@ruddco2020
@ruddco2020 Ай бұрын
great vid thanks
@TheMovingAverage
@TheMovingAverage Ай бұрын
No problem 👍
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