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Posted

I agree with the points shared here about starting with candlestick patterns and then gradually moving toward indicators and strategy building. Technical analysis takes time to understand, but once you practice regularly on charts and demo accounts, it becomes much easier to spot trends and entry points.

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Posted

That is a sensible way to learn. Candlestick reading gives beginners a better feel for price behavior, and only after that do indicators start making more sense. I would also suggest keeping one simple setup and testing it for at least a few weeks before adding anything new

  • 2 weeks later...
Posted

Candle stick charts are more easier than any other available chart patterns, less straint to the eyes and much easier to find the pattern to test and practice on a demo account first before testing it live with any broker like hfm, octa, xm, lmfx etc. 

Posted

There are several types of price charts, such as line charts, bar charts, and candlestick charts. However, of all these chart types, the candlestick chart is the most popular. It provides easily understandable price data for an asset, and price behavior is reflected in the candlestick patterns formed by market mechanisms.

Posted

Candlesticks become really useful only when you read them with market structure and not as isolated patterns. I made my best progress on hfm when I kept one simple chart setup for weeks and reviewed the same pattern again and again

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