Melvin Pasternak – 21 Candlesticks Every Trader Should Know
You want to learn about Forex?
Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.
Learn the 21 key candles and you should improve your trading performance no matter if your time frame is several weeks or several hours. Once could easily ask, why do candlesticks continue to gain such power in the market? The answer can be found in the clear and straight-forward nature of the candlesticks themselves–offering traders the ability to see the bigger picture. Continuation patterns, reversal patterns, emerging trends, bottom and tops–all of these insights manifest in a way that other charting systems just can’t compete with. And from an array of nearly 100 charts, Dr. Pasternak has chosen the 21 most important ones.