Basics of Candlestick Chart Patterns

By Brad Morgan

One of the traders aids in developing formulas of candlestick charts are the candlestick patterns. They are quite indispensable when one is engaged in the creation of basic systems that will indicate a trend formation so you can start trading.

The shape of the candlesticks attest the high, low, open and closing price of stocks, currencies or commodities during a particular period. This period can be picked by the trader.

The ecommended time period is 5 minutes but you may choose in specific situations to take 15 minutes. Typically, longer periods are employed for longer term trading.

The candle body signifies the disparity of the close and open points. If it's green/blue (for colored charts) or white then the lower boundaries of the rectangular body is the open and price went higher during the consideration period. A red (for colored charts) or black indicates the top boundary is the opening price, while the price diminished during that period.

Vertical lines pointing up from top and down from the bottom are known as wicks. The highest stage the price ever hit is the top of the upper wick area. The low is the bottom of the lower wick.

This style of analysis helps the trader to know at a glance if values tumbled or picked up during the analysis time frame. Bearish tendencies or rise in price are evidenced by green or white candles while bullish temperament or fall in price would be pointed out by red or black candles.

Aside from this, the high and low compared to open and close prices are instantly evident. Then you may have an evidently solid candle without a wick.

It's called a Marubozu pattern. Prices never went greater or lesser than the opening and closing prices in this case.

If the body is black or red, the opening rate was the high and the closing market price was the low. If it is white or green, the opening rate was the low and the closing market price was the high.

A longish body means a relatively constant movement either up or down. A lengthy wick positioned on either bottom or top would signify a reversal.

In conclusion, to ensure precise trend reading, candlestick must be read within the context of the preceding candlesticks. You then can continue to make more intricate candlestick patterns that will signify probable future trends. - 23221

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Fap Turbo - The Best Forex Website There Is

By Tom Poorker

If you are a forex newbie and want to learn more about it, the best thing that you can do is to check out different websites online. There are tons of these websites, by the way, so you would really have a grand time learning about the wonders of foreign exchange trading.

Anyone can make money with Forex if they take the time to learn the ropes. There are lots of gurus out there who will share some of their experience with you. If you aren't investing in Forex, you should think about trying it.

A website that I found during a Google search turned out to be quite helpful and saved me a lot of work and research. The website is Fapturbo.com. Fapturbo.com offers a Forex robot, which does all your trading for you.

It may be your first time hearing about this but you can actually become a millionaire by doing nothing in the field of forex trading. Of course, you would just have to buy an effective forex robot. Then, your trading will run on autopilot and money will just be deposited straight to your account.

This isn't a magic formula, but its a great tool for Forex traders, whether they're experienced or just beginners. It's working for me and I didn't know anything about Forex when I started.

I still have to see the real results because I just started with this but as soon as I saw the website and read how hard the developers worked to come up with this forex robot, I was immediately convinced that their product is worth checking out.

Some of the Forex sites were confusing to someone like me who didn't know anything. I bounced from site to site trying to get a handle on how Forex worked. Fapturbo.com was clear and gave me information that I could actually understand. Even with no experience, I felt confident that I could invest in this market. The guarantee is in big, bold letters.

In fact, you would not even have to worry about losing anything because it is clearly stated in the website that they provide a money back guarantee that is good for two months. That policy can be seen in the website in bold letters so if they fail to bring back your money if the product fails to work, then that will be committing serious fraud.

Check out the websites and check out the sites that report Internet frauds. You won't find Fapturbo on any consumer complaint or scam websites. They don't make outrageous claims and their product actually works. I think that's a refreshing change from the usual stuff you find on the web. This product is great and there aren't any claims that it will make you an overnight success. It will make you money without you having to do anything.

Even if you don't make money on every single trade, you'll make more than you lose. No Forex trading software works every time.

You can make money on Forex. If you want to make money with a minimum of hassle, try the Fapturbo Forex robot. - 23221

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Find out what real users have to say about fab turbo scam and fab turbo review.

Gold As A Hedge Against Inflation

By Garrett Strong

Do not wait for a pullback to buy gold! Every investor needs to know that gold is a hedge against inflation. The movements in the gold market have been monumental, and there are several reasons for that.

For one, the official inflation rate is about 10%, and investors are getting out of dollars and into gold coins, gold bars, and gold bullion as a hedge against inflation. Buy gold bullion, gold ingots, and gold bullion coins to protect yourself during inflation.

If you have not seen the gold price lately, it is going to the moon. The demand continues to surge as worried investors seek shelter. Many countries China, India, and Russia are diversifying out of dollars and into gold bullion. The IMF recently sold 200 tons of gold bricks to Indias central bank.

The amount of gold available for each person is miniscule at 23 grams. That is only about $840 worth per person. The value of all above ground gold inventories is about $3.7 trillion, and is going up rapidly.

The amount of gold mined each year is 2,600 tons, and the amount of above ground gold sits at about--0,000 tons. That does not cover the demand situation and is only a 2% increase in the supply each year. The supply is actually short of demand each year by 1,400 tons due to the demand of 4,000 tons each year. Gold has been selling at or below the cost of production until this recent surge in metals prices.

Mine supplies have actually decreased by 10% due to suppressed gold prices. Since the fundamentals for the gold price put the price much higher than it has been, why has the price been suppressed?

The gold and silver mine supplies have plummeted by 10% due to the low prices. If you add up all of the fundamentals, gold should be much, much higher.

Why has the price manipulation occurred? There are several factors. Central banks have attempted to suppress the price by selling gold bars onto the market. This tactic did work, but the banks are running out of gold to use as a suppression tactic.

The answer is that there are a few factors that have caused this price suppression and they are still to blame. The central banks have been selling their gold supplies onto the open market in an attempt to suppress the price. It has worked, but central banks are running out of gold to sell.

Paper gold like exchange traded funds (GLD) and COMEX contracts only give you price exposure to gold. With these investments you do not really own the gold. Some investors have even complained that the COMEX is defaulting when customers request physical delivery of their gold. The COMEX does not have the gold they claim to have.

The way the default happens is that the COMEX will either give a cash settlement upon delivery, or shares of the GLD (exchange traded fund). Either way, you do not own the physical gold, which means that you are still holding paper. These paper investments have kept investors in dollars, which has fraudulently propped up the dollar.

All of these gold suppression tactics are starting to come unraveled, and with inflation setting in there is no doubt the gold price will continue to explode. Stay away from paper investments if you can, unless you know for sure that they are legitimately holding the gold. Stick with American Gold Coins, American Gold Eagles, and gold bars.

With a crashing dollar, you will be sorry if you choose not to invest in hard assets. With the current price of gold at $1,140/oz, there is suddenly a reason to get out of dollars. $1,058 was the price of gold per ounce one month ago. You can see how far it has come. Gold will protect you and your wealth in this economy. Buy gold now to hedge against inflation! - 23221

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Read my other articles about why gold is a hedge against inflation.

The Power Of Knowledge On How To Invest Internationally

By Loren N. Love

Experienced traders know how to invest internationally. Over time they have developed the skills and knowledge that has enabled them to move their money around and still keep their losses to a minimum. For the inexperienced trader, without that knowledge you would be best off keeping your money in places where you know what is going to happen.

While investing internationally you will be using resources from outside your home country to invest and it is a risky option. Investing locally gives you more control as you are able to assess and navigate the investments physically.

Moving off-shore money around is a different story on the other hand. You need to remember that you are working in different currencies and different markets. Keeping that in mind, two important aspects from each of these can and must be applied to your investments.

When it comes to currency, the first thing you should think of is the exchange rate. The currency market has hundreds of thousands of traders that are actively trading on daily basis, coupled with the various influences that cause a particular currency to appreciate or depreciate; your own money can decrease and even disappear in the blink of an eye. Keeping a stable eye on the currency and the indicators that tell you what's going to happen is a really sensible idea.

The second aspect to consider is the fact that foreign markets operate differently to your local one. By knowing what your money is going to do and how your investment is going to behave based on that information; it will give you a much better idea of what you need to do and how long you need to hold a position for an example. The volatility of a given market would determine whether to keep your money there for a short time or a longer one.

There are umpteen numbers of useful places you can consider for international investments. These are foreign currency exchange, foreign bonds, and stocks in international markets, foreign mutual and equity funds or even direct investments into well performing companies.

Each has positive and negative elements and should be understood and considered well before investing. Knowledge is the best tool that will help you in not only investing wisely but reaping beneficially. - 23221

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Are you searching for a good international investment strategy that works for you? Before you spend your time searching for a good strategy, check out BeforeYouInvest.com's investing for beginners guide before you do anything else. BeforeYouInvest.com reviews everything from stock market investing to the international investment strategy so take a look.

Online Guitar Store

By James Morley

Remember that for every Angus young fan / wannabe guitarist out there , there are just as many who need to sell that guitar that has been moved from closet to closet over the years, hoping to help its owner recapture his youth. Look for a good deal on these true relics and you can be jamming in style. All the usual caveats apply when purchasing an item this way. You should seriously consider buying any used equipment through a reputable online guitar store. No dealer is going to lose his reputation over something that was stuffed in a leaky basement under a bowling ball and five lawn gnomes.

As the guitar moved to the front of the band, so did the need to design and build guitars to fit different styles and genres. The industry has never disappointed. Whether it is electric or acoustic, solid body or hollow, jazz or rock there is a guitar that you can jam with. The best way to find one that suits your needs and your price range is to check out the online guitar stores.

The first thing you should do when you are looking for a guitar online is figure out what type of guitar you are looking for. You are not buying a pair of shoes or even a computer. You are buying a piece of yourself. I would not recommend going into this "cold." If you are new to guitars, find some friends or band mates and try out their equipment. Remember that The Edge of U2 uses a couple of dozen different axes for every concert to get the right sound (An expensive, if artistically pleasing, solution).

The sound that you get from a Fender Stratocaster is different then a Gretsch Country Club, but each has its purpose. Do your legwork before you go to an online guitar store. Once you have done your legwork, it is time to do your homework. That you can do online; and that is the beauty of an online guitar store.

There are literally dozens of guitar brands on the market .Over the last hundred years, no instrument has come to prominence like the guitar. Once the choice of only folk fans and cowboys (and nothing wrong with that), the guitar came to dominate the music world once the solid body electric type was developed. Now it was time to tell the horn blower to stand in the back, because we are going to rock, jam, and strum the audience into a frenzy!

As the guitarist got shifted to the front of the band, so did the need to design and build guitars to fit different styles and genres. The industry has never disappointed. Whether it is electric or acoustic, solid body or hollow, jazz or rock there is a guitar that you can jam with. The best way to find one that suits your needs and your price range is to check out the online guitar stores.

There are plenty of different guitar brands to choose from. The primary thing you should do when you are looking for a guitar online is figure out what type of guitar you are looking for. You are not buying a pair of shoes or even a computer. You are buying a piece of yourself. I would not recommend going into this "cold." If you are new to guitars, find some friends or band mates and try out their equipment. Remember that The Edge of U2 uses a couple of dozen different axes for every concert to get the right sound (An expensive, if artistically pleasing, solution).

For many years now, there has been no other instrument that has come to to the forefront of music like the guitar. Once the choice of only folk fans and cowboys (and nothing wrong with that), the guitar came to dominate the music world once the solid body electric type was developed. Now it was time to tell the horn blower to stand in the back, because we are going to rock, jam, and strum the audience into a frenzy! - 23221

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